Can't hide from AI...or can we?
Global artificial intelligence spending is expected to expand to $110 billion by 2024?from the $50 billion 2020 figure.?
Will the business of the future become totally dependent on AI or Human Intelligence can't be replaced??
Let's envision the future with the following insights.??
Human Intelligence:
As Al is growingly able to streamline most of our operations and processes, businesses of the future will be competing within a restricted-price territory.?
Companies possessing the Human factor - creativity, connection, or relationship building - can fill important market niches. When developing their Al components or the core of their value proposition
In the same way, these companies will be able to grow their talent as employees diverge from purely automated, money-generation-focused jobs and seek purpose and passion in their work.?
Automated decision-making:
Automated processing will transform into automated decision-making in the future.?Software like GiniMachine are already starting to be in use and aid businesses in analyzing Big Data and providing logical conclusions.?
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Customer Service, Marketing, Finance, Insurance, and Health Care are currently the pioneering sectors for this leap, but many others are expected to follow soon.?
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Can't hide from AI:
Using Al?and ML (Machine Learning) will be fundamental for the development?of businesses and intrinsic to their sustainability and success.?
Al and ML are amplifiers of earlier technological advances in?industry - automation, and digitalization - and are a competitive advantage to companies nowadays. Although the shifts technology will bring are hard to predict, it is sure that Al and ML will not be an optional extra in the future.??????
Combine Intelligences:
As automation - through Al?and ML - keeps developing to become more accurate, we must also work on improving human education systems with a focus on topics such as creativity and strategic thinking. This would allow us to combine both intelligences -artificial and human - to increase productivity and efficiency in the long run.?
Additionally, businesses making a place for this combination will promote problem-solving and foster innovation by leveraging a workforce better equipped to collaborate with Al and ML tools.??
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