{"id":13648,"date":"2019-10-04T14:19:24","date_gmt":"2019-10-04T14:19:24","guid":{"rendered":"https:\/\/clone4.10pearls.com\/?p=13648"},"modified":"2026-07-30T11:14:28","modified_gmt":"2026-07-30T11:14:28","slug":"ai-summit-2019-key-takeaways-enabling-ai-for-a-better-future","status":"publish","type":"post","link":"https:\/\/10pearls.com\/uk\/blog\/ai-summit-2019-key-takeaways-enabling-ai-for-a-better-future\/","title":{"rendered":"AI Summit 2019 key takeaways \u2013 enabling AI for a better future"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13648\" class=\"elementor elementor-13648\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4a99244e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4a99244e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7b77cd1\" data-id=\"7b77cd1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3a08abc5 list-style-01 elementor-widget elementor-widget-text-editor\" data-id=\"3a08abc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-13795\" src=\"https:\/\/10pearls.com\/uk\/wp-content\/uploads\/2019\/10\/enabling-ai-for-better-future-header-image.jpg\" alt=\"\" width=\"1430\" height=\"953\" \/><\/p><p><a href=\"\/artificial-intelligence\/\">Artificial Intelligence<\/a> is one of the top <a href=\"\/services-emerging-tech\/\">emerging technologies<\/a> in the world, and is growing at an unprecedented pace. According to International Data Corporation (<a href=\"https:\/\/www.idc.com\/\" target=\"_blank\" rel=\"nofollow\">IDC<\/a>), the AI market will grow from $8 billion in 2016 to more than $47 billion in 2020 and by 2022, investment in AI is expected to exceed $250 billion!<\/p><p>In line with 10Pearls\u2019 vision to lead <a href=\"\/innovation\/\">innovation<\/a>, the company recently held the AI Summit 2019, a pioneering conference and expo aimed to catalyze the growth of artificial intelligence and its application to solving key business challenges. The day served as a comprehensive and experiential platform to connect and engage thought leadership, experts, like-minded businesses and AI enthusiasts. AI start-up ideas were showcased, and participants engaged in hands-on workshops and immersive sessions related to the field of Artificial Intelligence.<\/p><p>More than 35 speakers \u2013 belonging to different industries, from <a href=\"\/industry-financial-services\/\">finance<\/a> to <a href=\"\/industry-healthcare\/\">healthcare<\/a>, social welfare to <a href=\"\/software-development\/\">app development<\/a> \u2013 shared their insights, knowledge and concerns with a packed and captivated audience. The sentiment was unanimous: AI will disrupt industries all across, sooner rather than later. The future is AI-first and companies have to be prepared to excel and stay relevant.<\/p><p style=\"text-align: center;\"><iframe style=\"border: none; overflow: hidden;\" src=\"https:\/\/www.facebook.com\/plugins\/video.php?href=https%3A%2F%2Fwww.facebook.com%2F10pearls.karachi%2Fvideos%2F781967335572590%2F&amp;show_text=0&amp;width=560\" width=\"560\" height=\"315\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p><p>Here are five key takeaways from the conference:<\/p><h2>1) Economic Stability and Data: Fuels that Propel AI<\/h2><p>As pointed out by many speakers in the Summit, artificial intelligence has been around for the past 40-50 years. The growth and progress, however, strongly depends on the state of the economy. Recessions caused \u201cAI winters\u201d that stalled progress to a halt, while periods of economic stability saw the most dramatic advancements in the field. To this day, countries which are economically most stable, are the ones leading the AI rush across the globe. \u00a0<\/p><p>In the past five to ten years, companies now have unprecedented access to a massive volume of inbound data gathered through smartphones, sensors, and IoT-connected devices. As shown by the trajectory artificial intelligence has taken, data and capital are the oil that fuels artificial intelligence to accelerate.<\/p><h2>2) Upping the Security Game<\/h2><p>In this data-driven world, ensuring <a href=\"\/continuous-security\/\">security<\/a> is one of the biggest challenges. Security needs to be rethought, rehauled \u2013 and AI can be the biggest enabler to do this. In his keynote 10Pearls CSO Peter Hesse stressed on four key areas where work must be done.<\/p><ul><li><strong>The Anti-Virus Domain:<\/strong> AI can effectively predict and generate patterns to detect viruses<\/li><li><strong>Security Operation Centers:<\/strong> Artificial intelligence is revolutionizing risk management<\/li><li><strong>Cyber Defense and Automated Exploit Generation<\/strong>: AI saves valuable and expensive resources<\/li><li><strong>Automated Authentication<\/strong>: Leveraging AI, this process might even largely replace passwords<\/li><\/ul><p>With great access to data, comes great responsibility. Hesse also talked about how, at every stage of the business process, it is essential to use AI to create fair and equitable solutions. He urged the thought leaders and practitioners to take all measures necessary to eliminate bias at every phase of development.<\/p><p style=\"text-align: center;\"><img decoding=\"async\" class=\"size-full wp-image-13796 aligncenter\" src=\"https:\/\/10pearls.com\/uk\/wp-content\/uploads\/2019\/10\/enabling-ai-for-better-future-blog-image.jpg\" alt=\"\" width=\"1000\" height=\"562\" \/><i style=\"font-size: 12px;\">Source: <a href=\"https:\/\/propakistani.pk\/2019\/08\/27\/with-ai-summit-2019-10pearls-celebrates-the-progress-of-ai-in-pakistan\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">ProPakistani<\/a><\/i><\/p><h2>3) AI is Industry Agnostic<\/h2><p>Artificial Intelligence is not limited to only the technology sector. Every industry can leverage the unique capabilities AI has to offer. Here are a few ways:<\/p><ul><li><strong>Logistics &amp; Transportation:<\/strong> Self-driving cars are revolutionizing the road<\/li><li><strong>Identity &amp; Security:<\/strong> Facial recognition adds a sophisticated level of protection<\/li><li><strong>Automated Customer Service:<\/strong> Front-office automation takes care of repetitive tasks<\/li><li><strong>Entertainment:<\/strong> Controller-less games create fully immersive experiences<\/li><li><strong>Finance &amp; Legal:<\/strong> Robo-advisors are opening new doors for lawyers and traders<\/li><li><strong>Healthcare:<\/strong> Robotic-assisted surgery enables high quality, affordability, and accessibility<\/li><\/ul><p>A related conversation also took place between five tech leaders in the panel titled \u2018The future of working with AI\u2019. The question \u201cTo what extent will AI replace humans at workplace?\u201d put forward by the moderator garnered varied but concrete responses. The audience also pitched in and shared their concerns, challenges and aspirations of working in an AI-propelled ecosystem.<\/p><p><img decoding=\"async\" class=\"aligncenter size-full wp-image-13797\" src=\"https:\/\/10pearls.com\/uk\/wp-content\/uploads\/2019\/10\/enabling-ai-for-better-future-blog-image-2.jpg\" alt=\"\" width=\"1411\" height=\"771\" \/><\/p><h2>4) Democratizing AI for All Humankind<\/h2><div style=\"overflow: hidden;\"><p><img decoding=\"async\" class=\"size-full alignright\" style=\"width: 350px;\" src=\"https:\/\/10pearls.com\/uk\/wp-content\/uploads\/2019\/10\/enabling-ai-for-better-future-blog-image-3.jpg\" alt=\"\" \/><\/p><p>The Summit stressed on the need to change the narrative of associating AI with only cutting-edge solutions and high-tech companies. The speakers spoke about the necessity to democratize AI and implement it for services at a grassroots level. One speaker, the Head of Open Banking at a renowned bank, spoke about how AI brings banking to the most far-flung remote areas, while the CEO of a social start-up shared how their solution is \u201cbeing used by farmers for data collection and analysis, offering helpful prediction services.\u201d<\/p><\/div><div style=\"overflow: hidden;\"><p><img decoding=\"async\" class=\"size-full alignright\" style=\"width: 350px;\" src=\"https:\/\/10pearls.com\/uk\/wp-content\/uploads\/2019\/10\/enabling-ai-for-better-future-blog-image-4.jpg\" alt=\"\" \/><\/p><p>The visionaries also spoke about the possibilities AI holds to make a positive impact in developing countries and how it can impact their economies and help humankind at the most basic level, such as improving infant mortality rate, helping spread health awareness, improving food production, etc.<\/p><p>The dominant sentiment was that AI is much more than just futuristic robots, it is about enabling better lives.<\/p><\/div><h2>5) Hands-On Workshops on AI Technologies<\/h2><p>In parallel to the Conference track, the\u00a0AI Summit 2019\u00a0also ran hands-on workshops on different AI technologies, tools and techniques such as\u00a0Computer Vision,\u00a0DialogFlow,\u00a0Data Science\u00a0using\u00a0Python\u00a0and Building Prediction Models on\u00a0Watson Studio. The purpose of these workshops was to provide students a platform to learn from the practitioners and network with their peers on a large and enabling platform.<\/p><p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13800\" src=\"https:\/\/10pearls.com\/uk\/wp-content\/uploads\/2019\/10\/enabling-ai-for-better-future-blog-image-5.jpg\" alt=\"\" width=\"1430\" height=\"953\" \/><\/p><p>We are proud to have founded the AI Summit which will define the future of thought leadership around artificial intelligence for years to come.<\/p><p>At 10Pearls, we are helping global enterprises and high growth companies leverage the power of <a href=\"\/hire-big-data-architects\/\">data<\/a>, <a href=\"\/machine-learning\/\">machine learning<\/a> and artificial intelligence to help them differentiate from their competitors in this highly competitive, fast-moving digital economy. Read more about the AI Summit 2019 <a href=\"https:\/\/propakistani.pk\/2019\/08\/27\/with-ai-summit-2019-10pearls-celebrates-the-progress-of-ai-in-pakistan\/\" target=\"_blank\" rel=\"nofollow\">here<\/a>.<\/p><p><a href=\"https:\/\/10pearls.com\/uk\/get-in-touch\/\">Contact us today<\/a> to learn how 10Pearls can create AI-powered solutions to transform your business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In this post, we\u2019ll discuss the events of the 10Pearls AI Summit 2019, where we discussed the importance of enabling AI for a better 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