The real AI revolution is going from the information era to the ‘intelligence era,’ Paypal senior VP says. That means your focus should be tokens

In the middle of the 20th century, the world entered the age of information, the shift of industry to information technology. The era began with the miniaturization of computers and culminated with the invention of the World Wide Web, which put the ability to access information at nearly everyone’s fingertips. Now, with the rise of AI, that age is over, according to some tech leaders, and a new age of technology has begun.

“We have transitioned from [an] information era to intelligence era,” Prakhar Mehrotra, PayPal senior vice president and global head of AI, said at the Fortune Brainstorm AI conference earlier this month.

This “intelligence era” is marked by industries transitioning away from the model of storing and retrieving data, Mehrotra told Fortune reporter Sharon Goldman. Instead, because of the capabilities of AI, data can be more spontaneously generated, with the ultimate goal of achieving autonomy in some parts of the workplace.

Companies are racing to apply AI—with its promises of increased productivity and output—to their respective workplaces, but their successes have been mixed. An August MIT study found 95% of enterprise AI workplace initiatives failed to reach rapid revenue acceleration.