AI: Artificial Intelligence

AI: ARE WE READY?

Technology is rapidly changing the way we interact with each other—and the machines around us. Indeed, studies by renowned consulting firms show us that we can no longer wait for interaction. People worry and end up preferring real-time interaction while performing any activity. What’s more, this also applies, exponentially so, to new companies that are starting up.

An increasing number of startups are springing up to harness AI. With the advent of AI and machine learning, innovators have sought to use these technologies to improve business enterprises. However, the need for software development professionals to understand the human-machine relationship has posed a challenge. Anticipating a need or a decision naturally requires a deep understanding of what is desired. This is where human beings’ ability to understand various daily situations is needed to develop the best algorithm for a company and its clients.

 The “chatbot” boom has narrowed the distance between the digital world and the physical world. If we consider that many of our basic questions today are answered by virtual attendants, in a matter of milliseconds, surely many of us would say: We are free of problems! We have all the answers we need in our daily lives.

 While some companies have gotten started in the artificial intelligence game, the number of companies is nowhere near where it should be, since the demand is growing sharply. Reports from companies such as McKinsey & Co. show that only 21 percent of companies have implemented artificial intelligence in their organizations. Nevertheless, more startups should look for opportunities in this sector in order to gain competitive advantages in the market.

Companies will thrive in this environment, and there will be a greater need for professionals who have expertise in developing adaptive solutions tied primarily to mental, emotional, and social skills (soft skills). This analysis of feelings can keep more people happy and even satisfy a previously dissatisfied customer.

 We are a part of the era of accelerated transformation. The teenagers are actually a part of the technological era, and they are used to the rapid change of technology with time. This bodes well for them in the job market. Because teenagers are finding themselves caught in this transitional phase, they want job automation and globalization, which can help them to fit in the increasingly competitive job market with ease.

 Youth drive industrial developments. Information and communication technology (ICT) can enhance industries as tools, but also by enabling our youth to be highly skilled. These are two different but important things to understand. The advancements happening in every industry are caused by the skills of enablers. It is not a surprise or a coincidence the ICT and youth are two things which can lead the industries towards more advancements.

Youth can bring real insights into development and research, and they can shift from the role of consumers to the role of producers in the context of this industrial revolution.

Eduardo Neves