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- A Fractional CTO is a part-time tech executive who creates tech strategies aligned with business visions, oversees system upgrades, audits, staff training, and ensures effective communication within the company. - Ideal hiring times include the scaling-up stage, when a full-time CTO isn't affordable, or during business transitions or significant projects. - Fractional CTOs differ from full-time CTOs by offering flexible expertise across multiple businesses rather than consistent oversight in one. - Cost of a Fractional CTO varies, with the median wage around $10,000 to $15,000 per month, influenced by experience, expertise, and time requirements. - Fractional CTOs can be found via online platforms like LinkedIn, Indeed, and CTO Academy, as well as networking events. - Benefits include fresh perspectives, fostering innovation, leading in product development and technology adoption, and boosting business success. - To become a Fractional CTO, one needs robust tech knowledge, business strategy insight, significant people skills, continuous learning, leadership experiences, and wide networking.
- The concept of artificial intelligence (AI) goes back to ancient myths and the idea of creating automatons. - AI implies the capacity of a machine to mimic human behavior. - The AI era began in the mid-twentieth century with thinkers such as Alan Turing. - Key milestones include the introduction of the Turing Test (1950), and the coining of the term 'artificial intelligence' at the Dartmouth Workshop (1956). - Significant developments in the 1950s and 1960s include machine learning, natural language processing, and creation of the first AI robot. Key contributors were John McCarthy and Marvin Minsky. - The 1980s and 1990s saw AI go mainstream with developments in machine learning and the rise of the internet. AI began influencing various fields. - The early 2000s brought home-centric AI like Roomba and virtual assistants like Siri. By the 2010s, AI revolutionized sectors like healthcare, finance, and web services. - Notable figures in the 21st-century AI advancement include Elon Musk, Stuart Russell, and Peter Norvig. - Today, AI is a part of daily life from mobile phones to home appliances. Future predictions include AI teaching itself, creating more AI, predicting diseases, and reducing energy use.
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