Technology & Innovation

Intelligent Economies: AI's transformation of industries and society

July 29, 2018


July 29, 2018

Michael Hoffmann


Michael was an editor for The Economist Intelligence Unit’s thought leadership division in the Americas. He was previously an equity research analyst covering cybersecurity, data networking, cloud computing and IT infrastructure. He has also worked on several grants from the National Institutes of Health to research topics including HIV/AIDS, non-communicable diseases and international human rights law. His work has been published in several peer-reviewed journals including AIDS Care, Global Public Health and the Journal of the International AIDS Society. He received his bachelor’s degree in International Relations from Brown University. He has worked in Latin America and is fluent in Spanish and Portuguese. 

Artificial intelligence (AI) is moving from the realm of science fiction to realworld adoption among private- and public-sector organisations globally.

Today AI is used by financial services companies to serve customers better and detect fraud; by healthcare providers to more accurately diagnose illness and identify more effective treatments; by manufacturers to keep machines up and running on the plant floor and to streamline supply chains; and by city authorities to track and mitigate urban challenges such as traffic, pollution and crime.  As AI becomes increasingly embedded in society, it will not only change the businesses that adopt it but also have significant economic, social and civic effects on citizens and consumers  

Intelligent economies: AI’s transformation of industries and societies, a report from The Economist Intelligence Unit and sponsored by Microsoft, draws on a series of expert interviews as well as a survey of more than 400 senior executives working in various industries, including financial services, healthcare and life sciences, manufacturing, retail and the public sector. 

Learn how AI will change businesses and communities globally by downloading the briefing paper below. 


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