With companies investing heavily in machine learning and predictive modeling, Artificial Intelligence is now a reality. But in contrast to common belief, this is an opportunity rather than a threat. With advanced analytics, people – not data – are key to unlocking the opportunity.
Organizations can adopt the most sophisticated technologies and hire an army of data scientists, but their efforts will fail if the human aspect is understated. As many business processes – from strategy to innovation and market – are still governed and carried out by people, companies will require more human judgment in the future.
ECSI and Thinkers50 teamed up to develop this report on the democratization of judgment in the age of Artificial Intelligence (AI), a research initiative focused on the impact of analytical and cognitive computing technologies on the role of human judgment in business decision making.