Artificial Intelligence (AI) is changing people’s lives and the way how they manage their businesses. It all started with automation of the repetitive manual labor. We can see that nowadays in a typical industrial factory there are fewer people performing manual work and there are more system operators. These people only control the machines which are performing the work. Businesses need to adapt to new automation techniques in order to stay relevant. Automation is necessary to stay ahead of the competition.

But Artificial Intelligence went further and disrupted more complex industries where the implication of knowledge work is required. Computers now can beat people in games like Chess, Go and even complex games like Dota2. But companies today apply AI to their business. Search engines use AI to find personalized and the most relevant results for their users. Businesses build chatbots to communicate with their customers more efficiently, making call centers and human support relevant only to specific requests. Other industries that involve knowledge skills are affected like lawyers, accountants, advertisers. There are more tools today to automate these work than ever before. Machines today can recognize human emotions and speech which helped build today’s digital assistants like Google Assistant, Amazon Alexa, Cortana, Siri.

Today the most valuable resource is information. Big data is going to play an important role in the activities of knowledge workers. AI will use Big Data as a tool for making a predictive analysis of the different aspect of businesses. Banks are using AI to perform risk management when providing credits and mortgages. Traders will employ AI for making predictions on the market behavior. Even programming jobs could be irrelevant in a few decades because today there are already programs which can write software.

The studies made on Neural Networks opens up new possibilities of applying AI even in creative jobs. Building a neural network is relatively a complex task but recently scientists were able to show a neural network which can build another neural network and from here the possibilities are limitless.

People and businesses should embrace AI and use it as a tool to help make their day to day activities easier. Perhaps all our future will be centered around AI. And there is nothing to worry about it because we as humans have the ability to develop and then adapt to new technology. And our company can help you on this journey. Contact our consultants if you need assistance.