Talk of artificial intelligence in business is pervasive. Everywhere we turn, we’re seeing stories featuring AI company CEOs projecting the loss of up to 20% of jobs to artificial intelligence. To
understand how AI is reshaping organizations, we first need to understand what AI is and why
it’s a hot topic right now.

The term “artificial intelligence” was coined by computer scientist and emeritus Stanford
Professor John McCarthy in 1955. He defined it as ...