Embracing Artificial Intelligence (AI)
Jaison Jacob MSP?, PMP?, PMI-ACP?,A-CSM?,CSPO?, SAFe 5?, ITIL?
Program Manager leading successful end-to-end programs and projects delivery
With Artificial Intelligence being used in different businesses, we already know how significant its impacts are through Descriptive Analysis in a system. When it comes to Predictive Analysis, it hints towards how it would transform the business infrastructure in the near future. The fundamental shift that powered AI in the form of Machine Learning and Deep Learning has brought to the surface points to the gateways of solutions it has opened in the technology world that previous analytic generations could not. Let’s see how embracing AI actually means for such organizations.
Business Intelligence – Descriptive Analytics
It all started with business intelligence (BI); in other words, "Descriptive Analytics." As the name suggests, it analyzed business data using different strategies. It provided a gateway for business enterprises to improve their performance. This BI algorithm is used to evaluate everything, like the number of sales, profit, and loss.
Predictive Analytics – What Happens Next?
Now a question comes to the surface of what will happen next. Predictive analytics was used to answer that question. In the beginning, predictive analytics was able to project the future based on past experiences. As time passed, the predictions became more advanced. Instead of just predicting things through history, predictive analytics was able to detect behavior, time, and location. So, it was able to tell what's likely to happen in the near future, like what products you might need in the future.
Artificial Intelligence – The Algorithm with High
At this point, it seemed that nothing was left. Analytics was able to detect not only present based on the past, future but also facts regarding what to do. With AI, a revolution came whose aim was not only to evaluate data but to interact with the environment as well. So, AI systems work in a perceptive way.
AI algorithms tend to learn on their own and respond to situations with least or no supervision at all. The AI machine aims to work in the same way as humans by developing the ability to see, hear, or speak. With these abilities, AI facilitates interaction with humans and information. AI technologies fill the gap between the development and application of impactful analytics in this way. Ultimately, it is this capacity that can fulfill the promise of a data-driven agency: One in which access to useful and relevant insight is not restricted by the technological knowledge or experience of a person.
Each analytic development opened a gate to new opportunities and advantages. There is no doubt that AI will be covering all the plus points of its predecessors. The foundations of the growth and, more importantly, the demand for AI was established in past developments. But still, it would take a creative builder, commitment in time, and resources to install a new floor in the building of analytics.
Should We Embrace Artificial Intelligence?
With the exciting inventions and ease that comes with it, AI is here to stay. AI technology has surely transformed that world and will probably continue to do that. Many people are fascinated with AI technology and the changes that come with it. However, many people seem to be concerned about the future of AI. So the question arises here is that should we embrace it or not? Keep reading to find out.
AI is Here to Stay
It is important to know that AI has been instilled in our lives. We are not yet to decide whether it will become a part of our world or not; it has already. There are so many things that we use daily without realizing that AI is behind them all. From social media to Google, assistant AI is with us all day long. It is not easy enough to claim that at a certain stage, we are going to restrict AI. If you want to consider limiting it, you should start it from today.
The Bright Future of AI
AI is being used in numerous areas, from e-commerce to health care; AI is everywhere. Resultantly many areas of study are stimulating the need for more understanding regarding certain issues. At present, we are not much aware of AI's works as we are in the early stage of development. Many companies are investing in AI with a clear aim to seek more advancement. Most probably, this will give rise to exciting new technologies that we will use to enhance our knowledge about AI and its offerings.
Will AI Replace Us?
The biggest threat that comes to the mind of the people who are unwilling to embrace AI is that it will replace jobs. However, the people in favor suggest that the advent of AI will not lead to unemployment but will provide aid. For instance, a surgeon robot might be able to operate, but it is more likely to happen under the supervision of a human doctor.
If we agree that AI may end some job opportunities, but it will create more at the same time. The world is full of transformations; nothing remains the same. Give it a thought that thousands of jobs would have existed in the past that is no more. Many new jobs would have developed to replace them. In the same way, if AI does outdated a job, many more will arise.
Final Words
To conclude, I would say you should adapt to the change. The advantages and ease that comes with AI are definitely more than the threats of it. It can make our lives better in numerous ways. The future of AI is very bright. A human mind can be blown away with the coming world of AI. The development in AI is ever going, and significant decisions are to be made for it.
Delivery Head. Heading delivery of multiple accounts in Media and Entertainment Domain. Leading large Global Transformation Programs, Building efficient teams, Sales, Recruitment, Engagement Staffing
4 年Very good write up Jaison. I agree people should embrace AI. it cannot replace human intelligence. The difference between God's creation and human creation will continue to exist