Much like the internet did in the 1990s, AI is going to change the very definition of work. While change can be scary, if the last three years taught us anything, it can also be an opportunity to reinvent how we do things. I believe the best way to manage the changes ahead for employees and employers alike is to adopt a skills-first mindset.
What is A.I.š¤·āāļø?
Artificial intelligence, or AI, is technology that enables computers and machines to simulate human intelligence and problem-solving capabilities. On its own or combined with other technologies (e.g., sensors, geolocation, robotics) AI can perform tasks that would otherwise require human intelligence or intervention. Digital assistants, GPS guidance, autonomous vehicles, and generative AI tools (like Open AI's Chat GPT) are just a few examples of AI in the daily news and our daily lives.
Over the past decade, Artificial Intelligence (AI) has meshed into various industries. The era witnessed a dramatic increase in tools, applications, and platforms based on AI and Machine Learning (ML). These technologies have impacted healthcare, manufacturing, law, finance, retail, real estate, accountancy, digital marketing, and several other areas.
The Industries That will be Effected by A.I
1. Intelligent Process Automation
In the latest technology trend, organisations are looking for intelligent automation tools to solve business challenges and increase productivity, efficiency, and accuracy, benefiting the organisation. One of the successive waves, Intelligent Process Automation, or IPA, brings together Robotic Process Automation (RPA) and Artificial Intelligence (AI) technologies to empower rapid end-to-end business process automation and accelerate digital transformation.
2. AI for Personalised Services
As AI becomes more powerful and efficient at researching a particular market and demographic, acquiring consumer data is becoming more accessible than ever. The biggest AI trend in marketing is the increasing focus on providing personalized services. One of the most common ways that AI can do so is through analyzing the online activity of individuals who search for specific keywords. This level of personalization is virtually guaranteed to provide a better experience for customers, which will directly increase the revenue of companies that take advantage of it. As machine learning becomes more adept at understanding what people want in specific instances, AI will become less of a sales tool and more of a digital friend.
3. AI in Healthcare
The contributions that AI can import to the healthcare industry are working in groundbreaking ways, allowing people worldwide to receive safer and more efficient care and making it easier to detect, prevent, and cure diseases. Also, AI's ability to acquire data in real-time from electronic health records, emergency department admissions, equipment utilization, staffing levels, etc. ā and to interpret and analyze it in meaningful ways enables a wide range of efficiency and care-enhancing capabilities in hospital administration.
AI is playing an essential role in helping healthcare professionals respond to the COVID-19 outbreak. AI is being used to distinguish COVID patients and essential hot spots. COVID vaccine drug discovery is being repurposed and speeded up using AI techniques. Researchers have developed AI-based thermal cameras and smartphone apps for estimating the temperature of people and assembling data for healthcare organisations. Intelligent robots are being deployed to implement "contactless delivery" for isolated individuals, helping medical staff ensure that the key areas stay disinfected and safe for use.
4. Ethical AI
Rising demand for ethical AI is at the top of the list of emerging technology trends. In the past, organisations that adopted Machine Learning and other Artificial Intelligence technologies were not much preoccupied with their ethical impact. Today, however, values-based consumers and employees expect companies to adopt AI responsibly. Over the next few years, firms will deliberately choose to do business with partners that commit to data ethics and adopt data handling practices that reflect their values and customers' values.
5.The Impact of AI in Information Technology
The digital transformation and adoption of AI technologies by industries has given rise to new advancements to solve and optimize many core challenges in the IT industry. Among all tech applications, AI sits at the core of development for almost every industry, with Information Technology being among the first. The integration of AI systems with W.T. has helped reduce the burden on developers by improving efficiency, enhancing productivity, and assuring quality. If the development and deployment of IT systems at large scale were next to impossible, through AIās development of advanced algorithmic functions this is now possible.
Conclusion
In 2024, leaders will lean into this ever-evolving technology while simultaneously empowering their employees, and people will align their skill-building and continuing education with AI skills and practical people skills. The result will be a new world of work thatās more human and more fulfilling than ever before.