AI and VR Are About To Transform Business

Discussions of Artificial Intelligence (AI) and Virtual Reality (VR) inevitably evoke descriptive images of a room full of gamers. But, AI and VR will change the way you communicate and do business.

The most important topic to discuss for boards, founders and management teams in regards to AI/VR is the inherent new way of communication through digitization. Thought leaders must be aware of this rapidly moving topic.

A great example of the communications shift brought by AI is in the mass adoption of Chatbots. 

These conversational interfaces are already being widely implemented across different industries and have the potential to disrupt the Apps business. Communication can now happen on our behalf. 

If you are wondering about what a Chatbot is: If you have ever played a computer game, in a sense, you have used a Chatbot. You used an app which you interacted with, which followed a script and shared with you a result.

VR is disruptive primarily as it will create new ways of communication. The implications for businesses are clear: the global liquid workforce can enter a collaborative, immersive virtual environment no matter where they are. 

We are on the cusp of achieving the peak conversational interface; from the use of the telephone, to video-share, to almost complete replication of face-to-face conversation. Ironically enough, the first words spoken across a telephone in 1876 by Alexander Graham Bell to his assistant Thomas A. Watson were, "Mr. Watson, come here - I want to see you."

We already have customers in Europe like Digitalstrom using current AI/VR available technologies in their customer interactive smart home solutions; as well as UBIMAX which is manufacturing and marketing wearable solution technology to increase business process efficiencies. Businesses must understand this digital technology is relevant to them and leaders must act now or risk being left behind.

How to Act

From this digital evolution, we are likely to see the way we use the Internet change. In order for this fundamental communication shift to happen, there is a lot of work to be done, as businesses must learn to create intelligence out of conversations instead of focusing solely on efficient operations. The most immediate consequences of this shift in communication are that:

  • .Apps may start to disappear over time.
  • Websites are less important; the information shared on websites will be stored in the Cloud and accessed by services that need it.

As a result of AI, communication will improve as relevant information will be easier to find for Internet users.

Thought leaders can evolve to stay on top of this shift by understanding and following these key topics:

  • Consider the customer communication layer as part of your product success (e.g. Alexa by Amazon, Sonos, Google home).
  • Monitor the way AI bots are developed and implemented; from Chatbots (e.g. Slack), to bots in interactively learning appliances (e.g. Digitalstrom, Whirlpool), and to bots in automotive from areas of R&D (e.g. Honda) to car sharing applications (e.g. Car2go, Drivenow).
  • Keep a watchful eye on AI & VR global public policy and regulatory issues.

As the interface between humans and computers is rapidly changing from an "operational" interface (Websites, apps) to a "conversational" interface (Chatbot, voice interfaces), leaders must evolve with this change. 

The shift in communication should not be viewed as a challenge, but as a great opportunity. This change will improve lives for our personal and business connections, as change always implies new business opportunities and models to explore. As always, those leaders who are flexible to change will be best positioned to take advantage of digitisation.

Inc.com              Virtual Reality Is Getting Real In 2017:
 

« ISIS Just Can’t Resist Social Media
Police Connectivity: In-Car Video & Body Cameras »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

CYRIN

CYRIN

CYRIN® Cyber Range. Real Tools, Real Attacks, Real Scenarios. See why leading educational institutions and companies in the U.S. have begun to adopt the CYRIN® system.

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

MIRACL

MIRACL

MIRACL provides the world’s only single step Multi-Factor Authentication (MFA) which can replace passwords on 100% of mobiles, desktops or even Smart TVs.

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

DigitalStakeout

DigitalStakeout

DigitalStakeout enables cyber security professionals to reduce cyber risk to their organization with proactive security solutions, providing immediate improvement in security posture and ROI.

Global Forum on Cyber Expertise (GFCE)

Global Forum on Cyber Expertise (GFCE)

GFCE is a global platform for countries, international organizations and private companies to exchange best practices and expertise on cyber capacity building.

PECB

PECB

PECB is a certification body for persons, management systems, and products on a wide range of international standards in a range of areas including Information Security and Risk Management.

Crosscheck Networks

Crosscheck Networks

Crosscheck products allow you to test your APIs across different protocols and message formats with functional automation, performance, and security testing capabilities.

Ekran System

Ekran System

Ekran System is an advanced insider threat detection solution for companies of any size.

Coalition

Coalition

Coalition combines comprehensive insurance and proprietary security tools to help businesses manage and mitigate cyber risk.

Corrata

Corrata

Corrata is an award-winning provider of mobile security and data control solutions for enterprises.

Cryptoloc

Cryptoloc

Cryptoloc's core business is developing solutions designed to protect businesses from all kinds of security threats using a unique patented cryptography.

Cyber Risk Aware

Cyber Risk Aware

Cyber Risk Aware provide a security awareness and phishing simulation platform that focuses on real threats and educates and empowers employees to be the first line of defence.

Cyturus Technologies

Cyturus Technologies

Cyturus Technologies delivers cybersecurity business risk quantification services using our proprietary Adaptive Risk Model (ARM).

MalwareFox

MalwareFox

MalwareFox is an advanced, yet simple-to-use anti-malware solution for Windows computers. We provide aggressive detection capabilities and an effective malware removal tool to keep your systems safe.

Twingate

Twingate

Twingate help organizations secure and manage access to their technology resources in a world where people work from anywhere.

PROW Information Technology

PROW Information Technology

PROW is at the forefront of the technology and digital revolution with a focus and mastery in the cybersecurity, information security and data management realms.

SecurEyes

SecurEyes

SecurEyes is a leading cybersecurity firm that provides specialised services, including cybersecurity assessments, managed services, and governance risk and compliance services.

Praxis Security Labs

Praxis Security Labs

Praxis Security Labs is a research driven cybersecurity company that helps our customers to reduce risk and improve security.

NewsGuard Technologies

NewsGuard Technologies

NewsGuard provides transparent tools to counter misinformation for readers, brands, and democracies.

CyXcel

CyXcel

CyXcel is a cyber security consulting business grounded in the law which natively fuses crises, legal, technical, and consulting expertise digital networks, information and operational technology.