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Why you should invest in AI talent now

David Needle | June 12, 2017
Get HR involved now in finding people with AI skills and talent or risk being left behind, warns Mark Minevich, a leading business and government consultant.

LAS VEGAS - "Mark Minevich didn't mince words in his Rise of the Autonomous Enterprise presentation here at Interop last week: "Whoever doesn't get involved in AI will die and get phased out." Minevich, a senior advisor to the government's Council of Competitiveness in Washington D.C., ticked off several examples of companies that have transformed industries by leveraging AI technologies, including Amazon with its personalized recommendations and Tesla. "Tesla has accumulated over 750 million miles of data to make cars smarter," said Minevich.

The good news is that the U.S. is widely viewed as a leader in AI. Minevich said there's more AI investment in Silicon Valley, for example, than anywhere else in the world and it's growing. Last year estimates put AI investments at $2.5 billion, a figure that's forecast to double to $5 billion 2017. Pointing to forecasts by consulting giants Accenture and McKinsey, Minevich said "AI will deliver a massive trillion-dollar economy and the U.S. will benefit tremendously because we're a leader in research and development."

The bad news is that finding talented AI professionals is challenging. "Large companies like Apple, Google and Facebook have acquired the majority of AI talent," said Minevich. But he also pointed to relatively smaller companies like Vicarious doing cutting-edge work in AI where the code and algorithms are created by the system itself with minimum human intervention. "We are building a unified algorithmic architecture to achieve human-level intelligence in vision, language, and motor control," states the company's About page.

And just last week an AI research firm backed by Tesla's Elon Musk and several other tech luminaries said it's developed and deployed a new algorithm for "one-shot imitation learning" where a human communicates how to do a new task by performing it in virtual reality. "Given a single demonstration, the robot is able to solve the same task from an arbitrary starting configuration," the non-profit OpenAI said in a blog post.

Meanwhile, U.S. companies face competitive threats from other countries big and small who are investing in AI. "There's a lot of talent in Sweden and Israel has over a thousand natural language scientists," he said, adding that China has invested $10 billion and has a national institute devoted to AI research. "We have to do better in the U.S. in core research."

Minevich implored companies to be sure HR departments are tied in to the need for AI skills and expertise and to be on the lookout for talent coming out of universities, particularly in areas like deep learning and predictive analytics.

 

AI gets a governing body

As part of his work with government agencies, Minevich has been involved with organizations at the United Nations focused on the impact of digitization and advanced autonomous systems. At Interop he previewed an announcement set for June to unveil the World Artificial Intelligence Organization. Working with the U.N. and leading tech firms and enterprises, he said the WAIO's goal is to provide a level of guidance related to AI research and development.

 

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