How can AI help them transform how businesses do things, improve the products or services they offer, make customers happier, and grow their business while making a greater impact on the world? Come up with an idea for this company that uses AI for a new product, business line, or marketing campaign. Pitch your ideas to KPMG with a 3-5 minute video, and you might win big!
In this Challenge, you'll explore the question:
How can AI be used to make your favorite business (product, program, or service) even better?
This challenge will be available Oct. 21 - Nov. 22, 2024.
Congratulations on taking the first step to solve this Challenge -- becoming an expert on the topic! Pick and choose from all of the resources in this section to learn about the subject. Watch the video to the right to begin your journey learning about:
How can AI be used to improve a business (product, program, or service) that you love?
⏳ TIME ESTIMATE: 2-4 Hours (Week 1 of the Challenge)
Artificial Intelligence (AI) is super cool because it works in so many different ways! Some AI creates new things like pictures or music (generative), while other AI makes decisions by sorting and labeling things. AI can also be “weak,” handling one task like playing chess, or “strong,” where it could do a lot of different things just like a human! Plus, there are different ways AI learns—sometimes it’s taught step-by-step (supervised), and other times it figures things out on its own (unsupervised). Let’s dive in and explore how all these types of AI work!
Choose some videos to watch to learn about AI.
Intro to AI (1:29)
What is Machine Learning? (2:52)
AI: Training Data & Bias (2:40)
How Neural Networks Work (5:04)
How Computer Vision Works (6:24)
How Chatbots and LLMs Work (7:20)
Businesses are important to society because they provide jobs, products, and services that people need in their everyday lives. They also help the economy grow by creating new ideas, building communities, and supporting local projects. Without businesses, we wouldn’t have many of the things we use every day, like food, clothes, technology, or transportation!
Improving Communities (1:16)
Business Ethics (2:39)
Small vs. Big Business (4:22)
AI has come a long way since its early days, evolving from simple computer programs to powerful systems that can learn and solve problems. Today, AI is used in tons of industries like in healthcare to help doctors perform surgeries, in gaming to create smarter opponents, and in transportation to develop self-driving cars. As AI keeps growing, it's finding more unique ways to make our lives easier and more exciting!
Agriculture (3:05)
Ecommerce (1:47)
Education (3:20)
Fashion (3:30)
Gaming (6:02)
Healthcare (5:56)
Social Media (2:39)
Sports (2:05)
Transportation (4:05)
AI can help businesses grow by improving many different areas at once. It strengthens cybersecurity to protect important information, while also providing 24/7 customer service through chatbots. AI can even analyze data to spot trends and design better websites, helping businesses make smarter decisions and become more successful overall.
Communication (2:08)
Customer Service (3:54)
Cybersecurity (3:20)
Data Analysis (1:42)
Graphic Design (2:52)
Website Builder (1:00)
AI ethics is all about making sure that AI is used in a fair and responsible way. For example, we need to ensure AI doesn't show bias when making decisions, like choosing who gets a loan or a job. It's important to set rules so AI helps everyone equally and doesn’t invade people’s privacy or cause harm.
Influence in Elections (3:14)
Deepfakes (0:26)
Scams & Fraud (2:59)