Twenty-two years ago when I was a doctoral student in artificial intelligence (AI) at the University of Cambridge, I had to create all the AI algorithms I needed to understand the complex phenomena related to this field. For starters, AI is a computer software that performs intelligent tasks that normally require human beings, while an algorithm is a set of rules that instruct a computer to execute specific tasks. In that era, the ability to create AI algorithms was more important than the ability to acquire and use data. Google has created an open-source library called TensorFlow, which contains all the developed AI algorithms. This way Google wants people to develop applications (apps) using their software, with the payoff being that Google will collect data on any individual using the apps developed with TensorFlow. Today, an AI algorithm is not a competitive advantage but data is. The World Economic Forum calls data the new “oxygen”, while Chinese AI specialist Kai-Fu Lee calls ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now