AI will change our lives in the next 5 years. Here’s how!
Despite the talks of a Skynet or Hal 900 like artificial intelligence rising up against us as a humanity, AI is becoming a part of our everyday lives.
This is particularly true of the business sphere. Many firms already use AI algorithms to process big data and automate simple tasks. And the trade dispute between the United State and China is highlighting the importance of artificial intelligence in commerce. In this article, we will explore the important ways AI will change the way businesses operate between 2018 and 2023. Within the next half-decade, AI will…
Become Practical for the First Time
First, the once science fictional will become increasingly affordable. That means that more and more tech startups will use AI to both streamline their workflow and increase their margins.
But the change will be subtle, almost too subtle to notice. At least at first. Many of these AI innovations will be compatible with existing infrastructure, meaning that the change will be slow, and yet impactful.
That raises a question: how will your business incorporate AI into its existing systems? And, perhaps more importantly, what systems will you use? Ideally, your firm will do its due diligence in finding the right systems. Be aware that there will be a wealth of new automation tools coming out in the next five years. Be on the lookout for ones that will be particularly useful to you.
Not Do Away With Work, but Make It More Productive
There has been a kind of moral panic with regards to AI potentially replacing human workers. But the history of automation teaches us that for every job replaced by technology, new ones take their place. In the short term, there is not a threat to human workers being completely overshadowed by robots. Blue-collar -and some white-collar- workers will be pressured, but re-training in hi-tech can alleviate some of this.
Your firm should have a robust training system in place for educating workers about how to use and fully utilize AI. Otherwise, you risk paying a premium for talent that is already familiar with the system you use. Reducing the tedium of simple yet repetitive tasks. This allows workers, management, and ownership to focus on big-picture tasks that can’t be automated.
In the next five years, AI…
Won’t Be Perfect
It may not come at you with a sawed-off shotgun on a motorcycle, but artificial intelligence will have flaws. Humans are still in the early stages of practical AI. Autonomous cars sometimes crash. Data isn’t always presented in an intuitive way. And some of Whole Foods’ woes came from an automated delivery system that was faulty. During the next five or so years, some major kinks will have to be worked out of administrative AI.
In terms of your company, it will pay to have an in-house professional -or team of professionals- who can fix, debug and improve on AI systems. Failing that, make connections with companies who can train your employees to use these systems in a cost-effective way.
Lastly, the new AI will…
Revolutionize Mobile App Development
We are already seeing automated customer support bots integrated into apps. In addition, digital assistants are taking some of the legwork out of everyday operations. More importantly, AI will make the user interface more friendly and also provide customer data trends. These data trends will allow managers and owners to make better-informed decisions in response to consumer demand.
The science of mobile app development will be both quantitatively and qualitatively improved. All this because of the introduction of machines capable of learning. Firms should appreciate the magnitude of this shift in app development and prepare for it by seeking out the most innovative systems.
AI’s Promising Short-Term Future
In sum, it would be foolish to ignore AI as the most promising development in web app development and information technology. Just as politicos are pressuring the United States government to invest in AI, we advise you to reap AI’s potential dividends by preparing for its homecoming.