Opportunities and Threats from AI in Industry and Business

The Opportunities and Threatens from AI to both the industry and Element XIAMEN CONSULTANCY TEAM SUSAN, GEORGE, ALEX, PHIL

Key Thinking Issues How do we as an industry and a company promote the opportunities created by AI yet address the perceived downsides? What are the risks associated with that and what are the risks if we don t address it? Who do you think is our target audience? Who are our natural or unnatural partners in creating this change?

Opportunity of AI Improve the efficiency of operation Solve the high risk security industry Better living life We help enterprises operationalize AI so that people and machines collaborate better

Whats industry and company could do? Industry Encourge more company to land in more AI solution application in industries Encourage join the AI international conference to strengthen the tech sharing Element Focus on there industries- Finance, Manufactory, E- commerce Land in real business instead of just research area Increasing the revenue from the solution

Whats the associated risk? TO B Risk Corporation information security TO C Risk Cut down traditional job opportunity Personal information leakage

Whats the additional risk? Talent shortage High talent cost Continously research investment without application in industry

Who do you think is our audience? Government Legislation (Before) Pre-consider & Pre-evaluation the potential risk AI may raised rather than till accident come to public Supportive policy to lead AI industry development. E.g: Subsidy Monitoring (Processing) The business kick to start have to register or apply with governments before AI project was contracted and the service scope shall be clearly indicated Punishment (After scandal) Big punishment shall be applied on those who is not in line with the regulations. Person in charge from the companies involved shall be linked to the punishment

Who do you think is our audience? Business customer Ensure customer data securities. E.g. contract items, or get some certificate from authority Opportunities to customer to improve their efficiency which leading the cost down For Element. Focus on the manufacture (big customer base), Financial (critical security, close to the branch offices) & E- commercial(new business trend) segments first

Who do you think is our audience? Individual customers Calm down their fear regarding losing job, as every time the industry innovation come to us, we create new job opportunities as well Education/training to those who may loosing job. Better life. E.g AI + Sensors + Thing of net lead us remote control of the family applicants which benefit us prevent from the routine tasks

Who do you think is our audience? Universities What the problems we are facing in realistic scenario How to develop the talent in long-term according to demand

Natural Partners Business Customers Research Institutions Governments Direct benefit from the AI revolution They pursue the society stability The continuous talents sources

Unnatural Partners Any Education agencies Jobs Education Jobs Dangerous Boring Repeated Traditional Others Interesting diversify

Unnatural Partners Goverment Tax Education Donation Business Mass

Conclusion AI makes our life better

Thank you!