How CEOs Can Decode The Alphabet Soup Of Machine Learning By Mike Salvino in Chief Executive.
Two words that are spoken in every leadership and board meeting around the world right now are “machine learning”. Technology buzzwords seem to monopolize these meetings. Who could forget: digital, big data, internet of things (IoT), mobility, …-as-a-service, security, the cloud and the recent favorite, blockchain? Now, machine learning, deep learning, reinforcement learning, and numerous other technological terms that describe the artificial intelligence space have become this year’s buzzwords.
I’ve been in meetings with other executives where most people, including me, can’t make heads or tails of what people are talking about when this subject comes up. It’s like listening to a foreign language. If you are a CEO, your closest confidants are throwing all these words at you and you are thinking to yourself: “How did they learn this concept so fast? When did they become the expert in this space?” Most of them are just serving up the alphabet soup of the latest buzzwords to mask their own ignorance. It’s up to you to figure out who knows what they are talking about (“contenders”), who doesn’t (“pretenders”), and whether this machine learning technology really matters to your business. .... "
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