Artificial Intelligence?

bill718

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Tune in financial channels such as CNBC or Bloomberg, and you'll notice we're in the middle of the artificial intelligence honeymoon period. AI seems to be the know all - be all - do all solution for everything from financial planning to frying your eggs at breakfast time. Please don't believe the hype!

I own a medical billing company and 2 of my former clients have just resigned with me after their newly acquired (whiz bang) A.I. systems just made a complete mess of their bookkeeping ledgers and insurance billing systems. Payments were not posted properly (and sometimes not at all) unpaid claims were not followed up on, and their credentialing with insurance companies were not completed on time, causing them to be dropped from submitting payable claims altogether. Good news for me! I'm racking up lots of billable hours fixing this mess but not do good for the doctors.

I'm sure (in time) A.I. will become a dependable and vital part of the way we do business, but right now Artificial Intelligence is not as "Intelligent" as the financial guru's claim.
 
I wouldn't call AI intelligent if programmers still have to program (as in write the code for) AI. When AI can write its own code and go far beyond the intelligence of the best programmers, then we can call it intelligent. What we are experiencing in most applications is actually digital automation combined with data mining, not real AI.
 
Tune in financial channels such as CNBC or Bloomberg, and you'll notice we're in the middle of the artificial intelligence honeymoon period. AI seems to be the know all - be all - do all solution for everything from financial planning to frying your eggs at breakfast time. Please don't believe the hype!

I own a medical billing company and 2 of my former clients have just resigned with me after their newly acquired (whiz bang) A.I. systems just made a complete mess of their bookkeeping ledgers and insurance billing systems. Payments were not posted properly (and sometimes not at all) unpaid claims were not followed up on, and their credentialing with insurance companies were not completed on time, causing them to be dropped from submitting payable claims altogether. Good news for me! I'm racking up lots of billable hours fixing this mess but not do good for the doctors.

I'm sure (in time) A.I. will become a dependable and vital part of the way we do business, but right now Artificial Intelligence is not as "Intelligent" as the financial guru's claim.
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Nonsense, it will be just fine
 
Tune in financial channels such as CNBC or Bloomberg, and you'll notice we're in the middle of the artificial intelligence honeymoon period. AI seems to be the know all - be all - do all solution for everything from financial planning to frying your eggs at breakfast time. Please don't believe the hype!

I own a medical billing company and 2 of my former clients have just resigned with me after their newly acquired (whiz bang) A.I. systems just made a complete mess of their bookkeeping ledgers and insurance billing systems. Payments were not posted properly (and sometimes not at all) unpaid claims were not followed up on, and their credentialing with insurance companies were not completed on time, causing them to be dropped from submitting payable claims altogether. Good news for me! I'm racking up lots of billable hours fixing this mess but not do good for the doctors.

I'm sure (in time) A.I. will become a dependable and vital part of the way we do business, but right now Artificial Intelligence is not as "Intelligent" as the financial guru's claim.
AI can do what other information systems can't. They can put out more garbage than they take in.

AI is also likely the biggest trojan horse in history. Hidden in its bowels is the destruction of the west.
 
Whatever you want to call it, Machines will take over all means of production and sadly that will be the end of Capitalism.
 
Whatever you want to call it, Machines will take over all means of production and sadly that will be the end of Capitalism.
All that will remain are the cockroaches and we maintenance people. :omg:
 

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