TED Talks Daily How AI could empower any business | Andrew Ng
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Sep 27, 2022 
Andrew Ng, an AI visionary and advocate for democratizing technology, discusses how AI can empower businesses of all sizes. He envisions a world where even small enterprises, like local pizza shops, can leverage AI to make data-driven decisions. Ng emphasizes the importance of tailoring AI solutions to meet the needs of smaller businesses, making technology more accessible. He believes that with just a few data points, any company can harness AI to boost productivity and profits, ultimately contributing to a richer society.
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AI and Literacy
- Andrew Ng compares the rise of AI to the historical rise of literacy.
- He argues that broader access to AI could enrich society, similar to how widespread literacy did.
AI Concentration
- Currently, AI is primarily controlled by skilled engineers in large tech companies.
- These companies profit from applying one-size-fits-all AI systems to massive user bases.
Pizza Shop Example
- Andrew Ng uses a local pizza shop as an example of a small business that could benefit from AI.
- An AI could analyze sales data to predict demand and reduce waste, even with limited data.