1 00:00:00,000 --> 00:00:08,090 Now let's see some applications that actually use big data and AI techniques at 2 00:00:08,090 --> 00:00:16,029 web scale to achieve the prevalent of predictive intelligence that we, human 3 00:00:16,029 --> 00:00:24,285 exhibits in our every day lives. The first and most prevalent example is 4 00:00:24,285 --> 00:00:32,663 online advertising, where predicting our intent when we search or read documents on 5 00:00:32,663 --> 00:00:39,773 the web and our interests is a part of every day life today. 6 00:00:39,773 --> 00:00:48,626 Similarly gauging consumer sentiment from the multitude of conversations which are 7 00:00:48,626 --> 00:00:55,353 not public on Twitter and even some Facebook forums and based on that, 8 00:00:55,353 --> 00:01:02,570 predicting our own behavior is something many organizations are already doing 9 00:01:02,570 --> 00:01:11,754 without our actually being aware. On the other side, adverse events such as 10 00:01:11,754 --> 00:01:20,558 fires, strikes, floods, and even larger disasters such as earthquakes, reach 11 00:01:20,558 --> 00:01:26,792 Twitter first before hitting any news channel or print media. 12 00:01:26,792 --> 00:01:35,035 And organizations are now beginning to tap into detecting such events as soon as 13 00:01:35,035 --> 00:01:43,833 possible and rapidly predicting their impact, so that they can react even 14 00:01:43,833 --> 00:01:50,135 faster. Intelligent question answering, such as in 15 00:01:50,135 --> 00:01:57,435 the Watson Program that beat the Jeopardy champions, is another example of 16 00:01:57,435 --> 00:02:06,431 intelligence coming from, processing large volumes of data garnered from the web. 17 00:02:06,431 --> 00:02:14,832 Machines are also now able to categorize and recognize places, faces and people 18 00:02:14,832 --> 00:02:23,642 just as we humans do so every day because there are a large volume of images and 19 00:02:23,642 --> 00:02:29,556 videos available to process and learn from. 20 00:02:29,556 --> 00:02:38,871 In the future, personalize gnomic medicine might become a reality and it's already 21 00:02:38,871 --> 00:02:48,260 beginning to be explored as more and more people share their DNA samples to get some 22 00:02:48,260 --> 00:02:58,641 understanding of their ancestry or their potential probability of contracting some 23 00:02:58,641 --> 00:03:05,145 genetic diseases. As more and more such data gets shared, 24 00:03:05,145 --> 00:03:12,526 when it's quarterly date with clinical data about the actual effectiveness of 25 00:03:12,526 --> 00:03:19,785 different medicines on different kinds of genetic profiles, we can potentially see 26 00:03:19,785 --> 00:03:25,498 vast volumes of data leading to better medication for all of us. 27 00:03:25,498 --> 00:03:35,024 Similar examples are possible in other arenas such as more intelligent 28 00:03:35,024 --> 00:03:43,099 distribution and consumption of energy, water and other scarce resources using 29 00:03:43,099 --> 00:03:53,008 intelligent sensors and deep analytics on the large volumes of data that one can 30 00:03:53,008 --> 00:03:59,548 collect. Securing ourselves better from bad guys is 31 00:03:59,548 --> 00:04:07,883 another application of web intelligence that is happening all the time, largely 32 00:04:07,883 --> 00:04:14,278 without our knowing it. Another term attracting a lot of attention 33 00:04:14,278 --> 00:04:21,446 these days is big data analytics. To a certain extent, this is all about 34 00:04:21,446 --> 00:04:26,575 large enterprises. Which are outside the web world 35 00:04:26,575 --> 00:04:33,926 traditionally, trying to exploit more efficient technology which was developed 36 00:04:33,926 --> 00:04:40,018 by the web companies for their large scale web intelligence tasks. 37 00:04:40,018 --> 00:04:47,051 Technology which is proving to be equally good if not better and cheaper than 38 00:04:47,051 --> 00:04:52,825 traditional database technology. Equal importantly though. 39 00:04:52,825 --> 00:05:00,416 Big data analytics is about fusing the social intelligence available from 40 00:05:00,416 --> 00:05:07,794 external sources with the business intelligence available from internal data 41 00:05:07,794 --> 00:05:12,901 sources available within every large enterprise. 42 00:05:12,901 --> 00:05:22,351 In other words, a mix of private data and web data on which the web intelligence 43 00:05:22,351 --> 00:05:30,258 techniques used in the kinds of applications we spoke about a few minutes 44 00:05:30,258 --> 00:05:35,549 ago. As a result, better sales and marketing, 45 00:05:35,549 --> 00:05:44,705 more intelligence supply chains, and in general digitally enabled, mobile enabled, 46 00:05:44,705 --> 00:05:51,572 data driven business models and processes are becoming possible using the same 47 00:05:51,572 --> 00:05:58,251 techniques used by the web companies to understand all of us better. 48 00:05:58,251 --> 00:06:06,224 So in a nutshell, bit data analytics is all about brick and mortar firms trying to 49 00:06:06,224 --> 00:06:13,006 emulate the web companies by using exactly the same techniques that they use for web