Company
Date Published
July 24, 2024
Author
Alex Patino
Word count
1327
Language
English
Hacker News points
None

Summary

Aerospike's CEO Subbu Iyer discusses the transformative impact of artificial intelligence on real-time decision-making in business processes, highlighting how integrating AI with real-time data platforms enables faster and more informed decisions, outpacing human cognitive limitations. The evolution of decision-making from annual to daily cycles, driven by technological advancements such as digital technology, personal computing, and the internet era, has created a bottleneck that AI helps to overcome. Real-time data platforms like Aerospike ingest millions of data points per second, supporting high-frequency reads and writes with consistently low latency, critical for applications requiring immediate responses. Examples of AI in action include real-time advertising through Quantcast's auctions, which serve highly relevant ads to users almost instantly, and PayPal's fraud detection system, which processes 6.5 billion transactions daily. The future of real-time AI is expected to involve the use of enterprise data, multi-model capabilities, and continuous learning, enabling businesses to make more accurate and contextualized decisions.