August 7, 2023
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The Potential of AI and Will it Replace Humans: Highlights from IT Meets: Tech on Artificial Intelligence

On August 4th, Lviv hosted the fourth conference in the IT Meets series, organized by Lviv IT Cluster. This time, the event was dedicated to Artificial Intelligence. Top experts shared real-life use cases of AI-driven models in various industries such as transportation, medicine, finance, and communications. Based on these real business cases, specialists, together with the attendees, explored how to leverage artificial intelligence and whether it has the potential to replace humans. Let’s delve into the most interesting cases discussed during the conference.

Artificial Intelligence as an Assistant

The launch of the intelligent assistant ChatGPT this year has stirred the technological community. However, businesses have long been utilizing artificial intelligence to enhance their processes. Yuriy Guts, Principal ML Engineer at DataRobot, explains that it’s not about the currently popular generative AI but rather the so-called “boring” artificial intelligence. Primarily, it involves productive analytics and statistical models that significantly improve day-to-day decision-making in business.

“In addition to the more efficient use of business resources, there is also a need for extensive planning. This includes forecasting the demand for our products, workforce management, predicting risks, and consumer behavior. For instance, how often will a client use our products soon, in six months or a year? If we notice a trend of declining interest from a client, how can we re-engage them with our product? How can we detect this?” says Yuriy Guts, Principal ML Engineer at DataRobot.

Yuri views AI as another technology that boosts productivity. This perspective is shared by Bogdan Ponomar, co-founder and CEO of Gathers and a board member of AI HOUSE. He believes that artificial intelligence will take on all routine tasks.

“It will make our lives much better. This is an ongoing process: from the industrial revolution to the post-industrial era. In every revolution, people are always afraid of disasters and job losses. But we see now that there will be even more job opportunities. The question is, what will people be doing? That remains open. However, one thing is certain – routine work will be taken care of. Perhaps we will be engaged in more creative endeavors,” adds Bogdan Ponomar, co-founder and CEO of Gathers, a board member of AI HOUSE.

Artificial Intelligence as a Tool

The keynote speaker at the conference was Volodymyr Sydorskyi, R&D Team Lead at Respeecher. Since 2016, Respeecher has been involved in speech synthesis services, including creating artificial sounds for Hollywood. Volodymyr emphasizes that using AI in audio opens up new possibilities, from voice-over for books and voice synthesis for movies to assisting individuals who have lost their voices.

“When talking about voice cloning technology, there are several application areas. Firstly, it’s entertainment, which is what Respeecher does. Additionally, we are looking into democratization, creating a marketplace that allows people to upload their voices, convert them, and potentially monetize them. Moreover, we are exploring the healthcare sector. If someone has lost their voice due to a certain disease, we can use artificial intelligence to develop devices that will help them regain it,” explains Volodymyr Sydorskyi, R&D Team Lead at Respeecher.

Eugene Berko, Head of Data & Analytics at Intellias, shared real case examples of how to apply AI in marketing. He described how their team uses ChatGPT to evaluate a client’s brand strength.

“We analyze data from various internet sources, such as Facebook comments, tweets, blog posts, and articles, to understand the sentiment they convey. We use ChatGPT to summarize all this content into a few sentences, as they may contain unnecessary information. This allows us to determine the message sentiment more efficiently and quickly,” explains Eugene Berko, Head of Data & Analytics at Intellias.

Artificial Intelligence as a Weapon

AI can replace humans, but it is only for the better on the front lines. Implementing AI models in warfare can reduce losses. Andy Bosyi, Co-founder and CEO of MindCraft AI expressed this viewpoint during the conference. According to him, we are already witnessing how war has become technological, especially with the widespread use of drones.

“Each type of drone is a separate profession of a certain military. For example, a drone that will replace a scout on the front line eliminates the need for them to risk their life going to the front line. Or a robot that demines the territory without the involvement of people which would save their lives. Or it can be a projectile that does not have to be carried tens of kilometers but can be guided remotely and hit the target precisely,” explains Andy Bosyi, Co-founder and CEO of MindCraft AI.

IT Meets is a series of one-day professional events that bring together practitioners from various tech industry fields for quality knowledge exchange and productive networking. The goal is to create a powerful community of like-minded individuals who help each other improve and enhance their professional expertise.

The media partners for IT Meets: Tech on Artificial Intelligence – Implementation Realities were Happy Monday, Roosh, Speka.media, and ONE DAY Network.

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The Potential of AI and Will it Replace Humans: Highlights from IT Meets: Tech on Artificial Intelligence

On August 4th, Lviv hosted the fourth conference in the IT Meets series, organized by Lviv IT Cluster. This time, the event was dedicated to Artificial Intelligence. Top experts shared real-life use cases of AI-driven models in various industries such as transportation, medicine, finance, and communications. Based on these real business cases, specialists, together with […]

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