Alan Turing, a British polymath who explored the mathematical possibility of artificial intelligence, suggested that humans use available information and reason to solve problems and make decisions. He pondered the question: why can’t machines do the same? This has become the logical framework of his 1950 paper, Computing Machinery and Intelligence which discussed how to build intelligent machines and how to test their intelligence.

73 years later, our fascination with the possibilities of AI has seen companies spend US$136 billion in 2022 alone. Grand View Research forecasts spending on AI to grow at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030.

Perhaps a sign of things to come is the US$300 million (dollars) that McDonald's spent to acquire a Tel-Aviv AI start-up, Dynamic Yield, presumably to provide a more personalised customer experience using AI.

To help us navigate the possibilities that AI promise is Srinivasan CR, chief digital officer with Tata Communications.

Srini, welcome to PodChats for FutureCIO.

1.       Describe the current state of AI adoption in Asia Pacific and why it's critical for businesses to implement AI.

2.       Name one critical challenge businesses will face in their AI journey.

a.       Data maturity is a requisite

b.       How far is Asia in their data maturity

3.       Name one strategy, organisations need to prioritise to build momentum and scale their AI efforts.

4.       Name one business and operational value that edge computing offers (as a key advantage) for organisations implementing AI.

5.       What is the most exciting trend you are looking forward to materialising in 2023/2024?

6.       What should the CIO do to help materialise the value of AI?