{"id":23761,"date":"2018-10-26T15:08:18","date_gmt":"2018-10-26T19:08:18","guid":{"rendered":"http:\/\/news.samsung.com\/us\/?p=23761"},"modified":"2021-11-03T11:18:10","modified_gmt":"2021-11-03T15:18:10","slug":"5-ways-ai-already-changing-lives","status":"publish","type":"post","link":"https:\/\/news.samsung.com\/us\/5-ways-ai-already-changing-lives\/","title":{"rendered":"5 Ways AI Is Already Changing Our Lives"},"content":{"rendered":"
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Young Sohn, President and Chief Strategy Officer, Samsung Electronics and Chairman of the Board of HARMAN, delivers the first keynote of Samsung CEO Summit 2018.<\/p><\/div>\n

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Young Sohn, President and Chief Strategy Officer of Samsung Electronics<\/strong> and Chairman of HARMAN\u2019s board of directors raised an important question at the 2018 Samsung CEO Summit in San Francisco: If data is the oil of our time, what is the engine that makes this vast and valuable raw material a productive force in our world?<\/p>\n

The answer could be artificial intelligence (AI). At the 4th annual Samsung CEO summit in San Francisco, CA, industry leaders, technical experts, investors, and startup entrepreneurs all came together to discuss how AI will profoundly impact almost every facet of our lives.<\/p>\n

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At the Samsung CEO Summit 2018, guests enjoyed thought-provoking technology demos from some of Samsung\u2019s portfolio companies as well as researchers from academia.<\/p><\/div>\n

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Here are the top five takeaways from the conference about how AI will shape our future:<\/p>\n

1. AI is changing every industry, not just tech<\/h4>\n

To kick off the conference, Senior Vice President and Managing Director of the Samsung Catalyst Fund, Shankar Chandran, identified the key advances made by engineers and inventors over the years that resulted in AI being one of the driving forces of innovation. \u201cToday, we are who we are by standing on the shoulders of giants,\u201d Chandran said<\/strong>.<\/p>\n

While AI has been around since the 1950\u2019s, today we see more than just ideas or concepts. We see the technology, capital, and enthusiasm among entrepreneurs to use AI to anchor technological evolution in practically every field. \u201cAI is shaping our future,\u201d said Sohn<\/strong>, who delivered the event\u2019s first keynote address. \u201cAnd it is changing every industry in our world.\u201d<\/p>\n

2. Automated driving is only possible through infrastructure improvements<\/h4>\n

When it comes to automated mobility, just as with smartphones, infrastructure matters. Without robust data networks and open platforms that allowed developers to create innovative apps, the smartphone would have never reached ubiquity.<\/p>\n

With automated driving, \u201cwe need to address the common issues for architecture, modularity, and standardization,\u201d explained Sohn<\/strong>. \u201cWe need infrastructure like 5G, V2X, and open platforms.\u201d<\/p>\n

3. AI for a cure<\/h4>\n

Just as AI is revolutionary for automated mobility, Sohn described how AI can contribute to better healthcare. \u201cAs we are living longer, there is a tremendous opportunity for care that has to be addressed through technology,\u201d said Sohn<\/strong>.<\/p>\n

Another keynote speaker Daphne Koller, founder and CEO of Insitro, argued that in the pharmaceutical industry, costs are going higher and higher because cures are getting harder and harder to deliver. Koller explained how the low-hanging fruit of drug discovery has already been plucked.<\/p>\n

Today, researchers pursue and abandon 10,000 molecules before they land on one that is ready to face the gauntlet of clinical testing and regulatory approval before it can become widely available, according to Dr. Koller. In the 1970s, Koller said, drug discovery costs averaged $100 million dollars; by the 2000s, that number had skyrocketed to $2.5 billion.<\/p>\n

Enter AI. The amount of genomic data available for analysis is growing at twice the rate of Moore\u2019s law, Koller explained, enabling biological data scientists like her to use AI to discover important relationships between demographics, environmental factors, and medical history data, in addition to genomic data. \u201cWe\u2019re using AI to cure more people, faster, cheaper, and better,\u201d Dr. Koller concluded<\/strong>. \u201cThis is the AI for good.\u201d<\/p>\n

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