SOFTRADEAI

Perspectives: Artificial intelligence

According to Accenture’s Technology Vision 2017, AI has the potential to double annual economic growth rates by 2035. To avoid missing out on this opportunity, policy makers and business leaders must prepare for, and work toward, a future with artificial intelligence. They must do so not with the idea that AI is simply another productivity enhancer. Rather, they must see AI as the tool that can transform our thinking about how growth is created.

We Should Prepare the next generation for the AI futurehe future?

AI can replicate labour activities at much greater scale and speed, and to even perform some tasks beyond the capabilities of humans. Not to mention that in some areas it has the ability to learn faster than humans, if not yet as deeply. For example, by using virtual assistants, 1,000 legal documents can be reviewed in a matter of days instead of taking three people six months to complete.

1. Predicting outcomes. Another advantage of AI is that it is able to predict outcomes based on data analysis. For example, it sees patterns in customer data that can show whether the products currently on sale are likely to sell and in what volumes. It will also predict when the demand will tail off.;
2. Operational automation. AI is able to accomplish complicated assignments much faster than human beings can do, saving a lot of time and speeding up processes that otherwise would take very long. In a way, Artificial Intelligence brings the future closer to us.;
3. No Emotional Barriers. AI algorithms do not present emotional barriers, that sometimes can obstruct the success of humans’ plans. Machines get to stick to the scheme and keep working towards the defined goal in the way they have been programmed to do, without being affected by external factors. This, sometimes cannot be said for human beings as, often, unexpected events can affect our mood, feelings and, eventually, our way of working..

Artificial Intelligence can work without breaks, unlike human beings can do. For this reasons, it can be used to substitute us for processes that it’s better not to stop, or can simply do the job in a more continuous way that humans would do.