PT  - JOURNAL ARTICLE
AU  - John Mathis
TI  - Artificial Intelligence Update—<em>Gaining Ground across Many Sectors</em>
AID  - 10.3905/jpe.2018.22.1.017
DP  - 2018 Nov 30
TA  - The Journal of Private Equity
PG  - 17--18
VI  - 22
IP  - 1
4099  - https://pm-research.com/content/22/1/17.short
4100  - https://pm-research.com/content/22/1/17.full
AB  - The following article tracks the leading trends in Artificial Intelligence (“AI”), focusing specifically on companies in the Financial Services, Healthcare and Business Services arenas. Wide-ranging exploration in the space charted the many breakthroughs and triumphs in developing AI and the roadblocks in commercializing the technology in areas such as self-driving, machine-diagnosing and the future of autonomous decisions. A clear consensus on the future of AI is automation, particularly where traditional systems are reaching natural limits. For example, in Healthcare, hospice has experienced very little innovation. However, the aging population is taxing the hospice system with a heavy burden falling on otherwise productive family members. How can AI add capacity or improve the effectiveness of hospice? It seems inevitable that AI will play a role by progressing quality in the future of our lives.TOPICS: Private equity, big data/machine learning, portfolio construction, performance measurement