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The "adoption of artificial intelligence is growing worldwide," IDC declared in June. "Over a quarter of all AI initiatives are already in production and more than one third are in advanced development stages. And organizations are reporting an increase in their AI spending this year."
But how much of it is actually artificial intelligence? Is today's intelligent tech just the same old algorithms from previous versions with better marketing, or is real innovation happening? And if proper machine learning really is being deployed, what are the business advantages given ML's strengths and weaknesses?