In the age of machine learning and AI, there is a lot of conversation happening around Artificial Intelligence, Machine Learning, and using algorithms to shape the future of Design and the role of the designer. But how is that changing the way we work in the near future? AI and Machine Learning can be used in the Marketing and Retail industry to forecast consumer demand and producer supply as well as help target products and activities to finer segmented markets. Artificial Intelligence and Machine Learning are used in marketing to avoid market outcomes causing a high variance in prices, or worse, blackouts.
Read more ...Futurist philosopher Nick Bostrom has outlined three dangers of AI development: (1) the risk of cognitive bias, in which people may misinterpret their actions or imagine themselves as having acted; (2) the potential for catastrophic loss of human values; and (3) the problem of controlled AI (Euler 2020).
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