As AI Appreciation Day approaches, industry leaders have turned their attention to the profound impacts and future potential of artificial intelligence (AI) in various sectors.
Transforming how we think, work and operate
Daniel Keys, Head of AI and Innovation at xAmplify, highlighted the transformative power of AI across businesses in Australia. “Artificial Intelligence has changed the world we live in. In today’s dynamic operating environment, harnessing the potential of AI has enabled us to revolutionise the way we think, work and operate,” he noted.
According to Keys, AI offers numerous benefits including streamlining operations, enhancing productivity, and driving innovation. Organisations can analyse vast volumes of data quickly, deriving actionable insights for informed decision making. He emphasised the importance of transparency and explainability in AI systems to prevent biased outcomes and build trust. “It is essential that we prioritise explainability in all AI products and services, ensuring that decision-making processes are transparent, accountable, and trustworthy,” he added.
