“We think that AI is really going to change everything,” says BeyondMinds co-founder Or Kramer. “We consider it the fourth revolution. It feels like AI is a huge buzzword right now and everything is AI and actually, it’s true. In the last five years, there has been incredible academic revelations and advancements that are now allowing anyone that has data to do so much more with it than what they could just a couple of years ago. Every week there’s a new like state-of-the-art article that is being published and it’s changing completely how we do things.”

Or Kramer, co-founder of BeyondMinds, discusses how AI is going to change everything and how his startup is helping companies like Microsoft incorporate AI into products. Kramer was interviewed by Lidar Grave Lazi on ILTV ISRAEL DAILY:

It Feels Lik Everything Is AI and Actually, It’s True

It feels like AI is a huge buzzword right now and everything is AI and actually, it’s true. In the last five years, there has been incredible academic revelations and advancements that are now allowing anyone that has data to do so much more with it than what they could just a couple of years ago. It really affects all industries together. Around 75 percent of CEOs now believe they want to incorporate AI, although they don’t necessarily know how to. That’s where we come to play. But in general, AI really has the power to automate and make processes much more efficient.

I think that in this particular industry still, academia is where most research is being done. Also, some private sector companies like Google and Facebook have a huge amount of AI research going on. However, most companies currently don’t have the capability to have this type of research in-house. It’s still a very difficult thing to do. The math is great but it’s still not very easily applicable. There is new stuff coming from academia every day. Every week there’s a new like state-of-the-art article that is being published and it’s changing completely how we do things. The connection between the research side of it to the practice side of it or the application side of it is still challenging to many organizations.

There Are So Many Advances Going On With AI

We basically act as the expert in the room for everything deep learning or everything AI in general. That means that we, across different use cases, mostly computer vision, natural language processing, signal processing, reinforcement learning, and speech, are basically the fields. Every one of them is like its own world. We provide this multidisciplinary approach where we have a bunch of experts that can really break through those particular instances that are really hard to solve. We’re working with companies on a variety of products that they have across the organizations where deep learning can be implemented.

The field of natural language processing is a particular area we have been focusing on and has been really evolving over the last few years. In general, what you’re trying to do with AI is make better decisions. So a lot of the decision support systems or decision-making systems are now available in much higher accuracy than even a year ago because there are so many advances going on right now. So really anything that is allowing employees to go and do something else that they’re probably more efficient in and any type of procedure that is currently done either not very accurately or is very manual intensive could be resolved with the deep learning much better than it was it used to be. 

AI Is Really Going To Change Everything

We think that AI is really going to change everything. We consider it the fourth revolution. However, a lot of times it seems to be a little bit scary (to people). When you picture AI you think of general disruptions, that it’s going to replace organizations, we’re going to do everything by robots, and it’s not necessarily the case. I think the good thing about AI is that it really empowers the organizations that have data. Pretty much every organization has data that is useful to really improve the product and to really improve what they’re offering is. 

It is not necessarily as scary as some people think. There are processes that are going to be automated. For instance, the autonomous cars industry is going to be completely disrupted probably. But I think in general it will make the world better in the sense that we will do more of the things that we really need to have a human in the loop and less of what is currently very very technical.