<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2006193252832260&amp;ev=PageView&amp;noscript=1">

2 Min Read

AI Poised to Increase Jobs Among Early Adopters

Featured Image

Wondering how to get started with AI? Take our on-demand Piloting AI for Marketers Series.

Learn More

At the Marketing AI Institute, we read dozens of articles on artificial intelligence every week to uncover the most valuable ones for our subscribers and we curate them for you here. We call it 3 Links in 3 Minutes. Enjoy!


Profitability of AI Pioneers to Grow 8% Faster than Average Companies

Talk about the rise of artificial intelligence is usually accompanied by bleak predictions of the number of jobs it will replace. But according to MIT Sloan Management Review, that’s only part of the story.


For businesses planning to leverage AI solely for efficiency, headcount may drop. However, research from McKinsey Global Institute found that for companies using AI to drive innovation, an increase in employees is actually more likely.


This is possible because innovation-focused early adopters of AI position themselves for growth, which tends to stimulate employment.


MIT Sloan’s research shows that the profitability of these early adopters will grow 8% faster than that of the average company by 2030. Revenue will grow 4% faster and the number of employees will increase 2.2% faster.

We’re Only Seven Years Into AI

It was only seven years ago that IBM Watson debuted on Jeopardy! and since then, the world has already changed tremendously.


Today, we use artificial intelligence every single day, perhaps without even noticing. Whether it’s talking to a smart speaker like Amazon’s Alexa or Google Home, or watching a TV show recommended by Netflix—AI is everywhere.


AI Business shares that by 2020, it’s expected that 75% of commercial enterprise apps will use artificial intelligence. Additionally, experts are predicting a 4,300% increase in annual data production by 2020.


IBM Fellow, vice president and chief technology officer at IBM Watson Rob High emphasizes, “We’re only 7 years into the current era of AI computing. We’re likely to see another several decades of improvement.”


2020 is not that far away, and yet AI is still poorly understood by the majority of the population. Start getting informed on AI today by signing up for our newsletter below.

Google Makes Strides Against AI Biases with Contest

In an effort to remove bias in artificial intelligence and machine learning, Google created an open challenge, the Inclusive Images Competition. Teams were challenged to build algorithms that recognize “more diverse people and customs,” reports Futurism.


For example, most machines know that a woman in a white dress is considered a “bride.” However, they don’t label Indian women in wedding saris equally.


To achieve this distinction, teams had to creatively train their algorithms with labeled data that included more culturally inclusive images.


These algorithms were then put to the test of labeling images sent in from volunteers around the world. The top five performing teams would receive $5,000 in prize money.


At the conclusion of the contest, none of the competing teams was able to create a perfectly unbiased algorithm. But, one of them was able to identify Indian brides. Nonetheless, this represents an important step forward in designing ethical artificial intelligence.

Related Posts

What Is Artificial Intelligence, How Does It Work and Will It Take My Job?

Ashley Sams | April 5, 2018

Paul Roetzer, founder of the Marketing AI Institute, answers questions related to artificial intelligence on Entrepreneur Weekly with Alan Taylor at the 2018 Traffic and Conversion Summit in San Diego, California.

How One Company's Risk-Taking is Helping Them Own the AI Voice Space

Ashley Sams | December 14, 2018

At the Marketing AI Institute, our team reads dozens of articles weekly and shares the best ones here. This week we're reading all about how Kayak is taking risks to own the voice and chat space, what all K-12 students should know about AI, and Taylor Swift's facial recognition security tool.

#CES2019 Dominated by Artificial Intelligence

Ashley Sams | January 10, 2019

We at the Institute read anything about AI that we can get our hands on. This week, we can't stop reading about artificial intelligence's dominance at the Consumer Electronic's Show (CES), the most-needed skills according to LinkedIn, and tips for applying AI to your content marketing tactics.