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This AI Pioneer Says the Tech’s Best Applications Are in Payments


With knowledge comes power, and that fact is particularly true when using artificial intelligence (AI). 

After all, knowing how an innovation works is essential for leveraging it effectively and discerning its strengths and limitations.

“When you ask people, a lot of them don’t know much about AI — only that it is a technology that will change everything,” Akli Adjaoute, founder and general partner at venture capital fund Exponion and author of the book, “AI Reality and Illusion” which is set to be published April 30, tells PYMNTS CEO Karen Webster for the “AI Effect” series. 

“It is like knowing only that cars can bring you from one place to another, not that they have wheels, engines, brakes, and so on,” Adjaoute says. “AI is a tool, and like any other tool, the potential of the tool lies in the way you use it.” 

That’s why demystifying AI for those who hear about it but may not truly understand its essence is so important for the technology to realize its potential — and positive — impact. 


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