Dan Chung, Fred Alger Management CEO, was interviewed by CNBC to discuss the companies that are currently using artificial intelligence within their own respective industries.

Points discussed in the interview:

  • We are in the midst of a modern revolution with the latest technology
  • Artificial intelligence getting applied across all types of industries increasingly
  • Increased technology is already a key in disrupting the business models of many companies, such as Nokia, BlackBerry, Sears and Toys R Us
  • Artificial intelligence systems are making their way into the healthcare industry and auto industry
  • Companies already utilizing AI technology: Aptiv, Medidata, PTC
  • Voice recognition technology will be one of the key battlefronts in the tech industry
  • Amazon, Google and IBM are in the forefront of AI technology with strengths in different areas
  • China is a future player in AI technology in their own market

To watch the full video, click below:

How AI is driving the new industrial revolution from CNBC.

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