|Why Artificial Intelligence will usher in a new era of extraordinary potential in the near future?|
Why Artificial Intelligence creates an era of unprecedented opportunities in the near future?
The era of Artificial Intelligence (AI) is finally upon us. AI consumer applications, in particular, have come a long way, leading to more accurate search results for online shoppers, enabling apps and websites to make more personalized recommendations, and enabling digital assistants enabled By voice they understand us better.
As impressive as these uses of AI, they only hint at how this innovative technology will be applied in business. Because the goal of business AI is to help the companies that drive our global economy learn from their data to become much more resilient, adaptable and innovative.
We all know that there is tremendous potential value in data, which continues to grow exponentially. In fact, the world is creating 2.5 quintillion bytes of data every day (that’s 2.5 followed by 18 zeroes). To tap into that potential, businesses need AI to make sense of data and hybrid cloud computing platforms that can distribute it across organizations.
The economic opportunity behind these technologies is huge, given that the business is only 10 percent of the way to realizing the full potential of AI. Fortunately, we are making steady progress, with a number of organizations poised to integrate AI. in your business processes and workflows growing rapidly. A recent IBM study showed that more than a third of companies surveyed used some form of AI. to save time and streamline operations.
Accept the challenge of demographic changes. AI, coupled with hybrid cloud, is helping many companies automate certain routine business activities and move people to higher-value work. In manufacturing, a plant operator can now rely on AI to detect defects that are invisible to the human eye. In healthcare, AI-enabled virtual agents can handle millions of calls at once. In the energy sector, autonomous robots can use the cloud and AI. to analyze data at the edge to improve equipment uptime and prevent power outages. Another example: IBM is helping McDonald’s launch an automated drive-thru experience that benefits both customers and restaurant staff.
Then there is the enormous challenge of cybersecurity. The inherent business value of data makes it a prime target for hackers. But with around half a million cybersecurity jobs open in the US alone, security teams are dangerously short. Most data breaches today take an average of 287 days to detect and contain. That is clearly unacceptable. With the ability of AI to analyze threat intelligence at scale, we can help reduce that timeframe to a few days or even hours.
It’s not just making businesses smarter, stronger and more secure; it is also accelerating scientific discovery. AI can speed up the ingestion of scientific articles and the extraction of knowledge by 1000 times compared to human experts. At the height of the global pandemic, IBM adapted our AI cloud-based. platform to review thousands of scientific articles on the coronavirus. We then share relevant data with other members of the Covid-19 High-Performance Computing Consortium to accelerate drug design.
As these use cases show, for business AI to be effective, it must also be trustworthy and explainable. It’s one thing to trust an AI application to order dinner for us. It’s quite another to have him drive a car or make potentially life-threatening recommendations about a course of medical treatment.
Therefore, technology companies must be clear about who trains their AI systems, what data is used in that training, and most importantly, what went into its algorithm recommendations. Develop an AI responsible and ethical requires that we remove any possible human bias to influence this process.
We must also recognize that the purpose of AI systems is to augment, not replace, human intelligence. Throughout history, the introduction of new technologies has caused radical changes in the way companies create value while eliminating burdensome and repetitive tasks for humans. These include everything from windmills to the printing press, the steam engine, and factory robotics. This is how progress happens. Artificial intelligence will create even greater progress, but only if it is implemented responsibly.
Businesses have the potential to usher in an unprecedented new era of higher productivity, faster insights, better decision-making, and better employee and customer experiences through the combination of AI and hybrid cloud. Given our customers enthusiasm for these transformative technologies, the AI spring can’t come soon enough.
Source: Inc.com, Direct News 99