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When thinking about technologies that have dramatically changed the world, it’s impossible to ignore artificial intelligence. Today AI does not just offer new opportunities, it completely rewrites the rules of the game in the world of innovation, transforming the very process of creating new things. Over the years in the technology industry, I’ve seen a lot of “revolutionary” products that are actually just improvements on what already exists. But what’s happening now with AI is a completely different story. We’re not just seeing the automation of processes, we’re seeing the creative approach to problem solving change. Big data is becoming big knowledge The difference between data and knowledge is huge. Today’s companies and industries are literally drowning in information, unable to extract real value from it. Artificial intelligence transforms this information chaos into an organized system of knowledge that becomes the foundation for true innovation. When AI processes terabytes of data, it finds connections and patterns invisible to the human eye. This ability has become the basis for the emergence of a fundamentally new approach to innovation: not from idea to implementation, but from the data set to identifying unseen opportunities and needs. Organizations using this approach have demonstrated a multiplied increase in the efficiency of innovation processes. The key feature of this approach is not the speed of data processing, but the ability to identify non-obvious patterns and make predictions based on them. Innovation budget: reorienting priorities The strategy of investing in innovation is undergoing a revolution. Whereas companies used to allocate funds between different areas of research, today an increasing share of innovation budgets is allocated to the development of AI technologies. In today’s companies, the CTO is increasingly turning into an AI director, and R&D departments are merging with machine learning and data analysis departments. The rationale…

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Filed under: News - @ April 2, 2025 4:27 pm