LOUISVILLE, Ky. — Artificial Intelligence (AI) has become a cornerstone of the digital revolution. While we’ve heard of AI for many years, today we sit at a unique crossroads where the volume of data, accessibility of computational power and evolution of algorithms such as deep learning have come together to empower the digital revolution in ways that have never been seen before.
To explore AI and where it can take us, the University of Louisville (UofL) College of Business has founded the AI Innovation Consortium (AIIC) with participation from several industry leaders such as Amazon Web Services (AWS), General Electric Appliances (GEA), Amgen, V-Soft Consulting and other Fortune 1000 companies.
The AIIC is a Louisville-based think tank of IT and advanced technology thought leaders focusing on how AI can propel organizations and our community forward. Specifically, the AIIC will build standards and best practices that help drive AI adoption, evolve privacy, data governance and bias, guiding principles and effectively align AI evolution.
On Nov. 22, 2019, the AIIC will host its inaugural event at UofL, with contributions from IT leadership from top local, regional and global companies. The event will feature technology thought leadership activities, such as design thinking sessions, a presentation on the AI landscape and workshops on AI chatbots and image/video detection systems.
In 2020, the AIIC plans to open its InnovaLab, an Innovation Lab that will contain industry-specific incubators to provide a practical platform from which pharmaceutical, oil and gas, financial, healthcare and industrial manufacturing companies can explore and accelerate their AI development.
“The AI InnovaLab will provide a grass-roots development environment where consortium participants can leverage the consortium experts, design engineering tools and AI rapid solution delivery platforms to see their AI concepts come to life,” said Konrad Konarski, AIIC founding member and co-chair and V-Soft Consulting AI & IoT practice head. “These solutions will not only demonstrate AI technology, but will do so with value and specific industries in mind.”
Alongside established and recognized Fortune 1000 companies, the students at UofL will also play an important role in supporting research and development work. The university’s Bachelors, Masters and PhD programs will support AIIC efforts ranging from AIIC training and crowdsourcing to next-generation AI research.