Survey of Transformers reveals that business leaders are prioritizing AI investment

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As part of Business Insider's Transforming Business series, we surveyed 53 of the Transformers to gain insights on their leadership strategies, goals for the future, and important challenges ahead. In partnership with ING_news

As part of Business Insider's Transforming Business series, we surveyed 53 of the Transformers to gain insights on their leadership strategies, goals for the future, and important challenges ahead.

AI is helping companies make faster, more informed decisions. They can"collaborate, communicate, and contribute" as a result. "When the pandemic began, we froze and got nervous," said Buck Jordan, founder of Pasadena, CA-based Miso Robotics, which makes Flippy."But then demand exploded. Social distancing in a confined space like a kitchen is almost impossible. People realized they needed automation immediately."

Consider Flippy. With 3D and thermal scanners for eyes and a cloud-connected AI for a brain, it can make all the little decisions that come instantly to humans but have been difficult for robots to emulate."Flippy is gamifying in its head how and when to cook," Jordan said."There is a ton of decision-making going on in Flippy's brain."

In many industries, AI is powering not only robots and devices, but decision-making. Jimmy Kim, cofounder of the Seoul-based global accelerator and venture capital fund SparkLabs, says information and artificial intelligence are keys to helping companies"communicate, collaborate, and contribute" in a time of limited personal interaction."When sales are dropping, people need to make faster and more informed decisions," he said."AI can help with that.

 

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