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Richard Pridham

Investor, President & CEO at Retina Labs

AI seems to be the big thing nowadays. Everything is AI this or AI that. What find remarkable is that some companies, that have been around for a while doing pretty much the same thing are now calling themselves AI. I'm seeing this in several areas. One example is in data analytics. We went from "big data" to "predictive analytics" and now many are referring to themselves as "AI" companies. What's changed here? The same development tools are being used. The applications are doing the same thing. Is AI being used far too flippantly? What technology truly merits the term AI? Is this definable in objective terms?