In episode 72 of the AI Impact Minute, Aaron Back offers his insights on the opening keynote given at Celosphere 2022, which placed emphasis on automation and the human plus AI mindset.
This AI Impact Minute is sponsored by Celonis, the market leader in process mining and execution management. Join the world’s top 2,000 process fanatics and learn to fix process inefficiencies at Celosphere, the company’s annual conference which is being held November 9th and 10th in Munich, Germany. Sign up to watch the free virtual Celosphere 2022 live stream here.
00:30 — During external process discussions, two questions often arise:
01:23 — In today’s multi-cloud world, in which many enterprises are operating, the complexity of understanding processes cannot be overlooked.
02:11 — At Celosphere 2022, there has been much emphasis placed on automation — specifically, intelligence prioritization and execution in a few key areas.
02:20 — Celonis uses an AI-powered action engine.. It comes with more than 10,000 action flows and AI component monitors that receive data, process it, and generate likely outcomes so that business leaders can determine the following steps. Within this process is the ability to automate the outcomes.
03:24 — The “human plus AI mindset” is important to consider in AI developments. Celonis emphasizes how its AI can generate “recommended next steps,” which places the decisions back into the hands of humans.
04:04 — AI is only as smart as the data that is being fed into it and processed by the machine learning underneath that — so every recommended step AI generates may not necessarily be the best decision for business processes. Celonis’ AI approach utilizes the power of these technologies to ultimately place the outcomes back into the hands of humans.
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