The AI good news: 2019 ≠ 1980 Costs of data storage Data Maths and processing availability Artificial Intelligence Social media The science of making intelligent machines sentiment Website Gov. navigation Machine Learning agencies Call data IoT data A major approach to realise AI (e.g., tax center Inputs Wholesalers Trans- payment (e.g., from RMs (e.g., payment actions report, Regular customer (e.g., history for SMEs) Video Basic data updated survey / interaction sales logs) analysis of demo- (e.g., demo- satisfaction notes) customer Deep graphic ATMs, graphic data footage Learning data mobile- data) A branch of ML (e.g., city, apps) income) Utilities (e.g., payment record) Telcos (e.g., top-up patterns, monthly bill payments) 1980 2015 1950’s 1980’s 2010’s McKinsey & Company 35 SOURCE: Dave Evans (April 2011) "The Internet of Things: How the Next Evolution of the Internet Is Changing Everything”