Technological advances often generate just as much fear over the potential unintended consequences as excitement over the potential for new products and opportunities. Artificial intelligence is the latest example. While AI developers tout the possibilities of unleashing even greater creativity and productivity, many employees – and some talk show hosts – are concerned that robots may take over. Meanwhile, consumers worry that what they see in the media might not be real.

Despite the questions about the wisdom of deploying AI widely, business owners and executives are exploring ways to make use of the technology. The promised benefits seem to outweigh the worrisome implications. But how should business leaders think about AI? And what, exactly, is it good for?

Karthik Krishnamurthy has some answers. He is the CEO of Basking Ridge-based software engineering company Ascendion. On its website, Ascendion calls AI “the future of work and technology.” Soon, the company argues, “AI technology will be deployed in every essential value chain in banking, health care, high-tech, retail, transportation, entertainment, insurance and more.”

In this edition of NJBIZ Conversations, Krishnamurthy discusses what AI can do for businesses, how Ascendion helps clients use the technology and how to address the questions that arise around the deployment of AI.

To watch the interview, click on the video below (the podcast link is underneath):

To listen instead, click on the podcast: