Why Is Artificial Intelligence The Future Of Growth?

The advancement in the technology has gradually transformed the society. The technologies aid the humans in providing better and efficient ways to sustainability and also imbibe various benefits. Artificial advancement has also increased at an impeccable rate and the adoption of the artificial intelligence in the various business models and products has happened at an advancing rate. Artificial intelligence came into existence with a goal of developing such a system which is able to use natural language processing and learn consistently and thus update itself with new and advanced data. Today, the artificial intelligence has captured the whole market and has become a major part of our everyday lives. The use of AI has provided the required comfort and convenience to the people and also the adoption of the technologies like the Alexa and a Siri has made life easier to some extent. Artificial intelligence is being used by the big business house and the companies for the smooth and better functioning of the management. The adoption of AI driven technology in the various aspects of a business has lead the businesses to gain maximum productivity and thus grow and develop in the long run.

• Better customer experience

The most important aspect of the business is to focus on the customer experience and customer satisfaction. The business tries their best to provide such services to the customers that satisfies them and they return back. The use of artificial intelligence in the services like the customer support, messaging, issue management systems and other resource management series has made the work easier for the business. When the customers receive the needed convenience and the technology at their tip using the AI driven features then they reach to a state called customer delight, where more than expected is delivered.

Today, we have several electronic devices which could help in the smooth management of all of health issues concern. There are several applications that uses the AI technology, like the application that could inform you as when you should buy the medicines, the next appointment with the concerned doctors, the progress you are making while following a particular diet and also has a feature to send these details to the doctors for further observance and analysis.

• Automation

Adopting the automation technology can enrich you in various ways. It could help the business or the individuals in the daily or the mundane activities practiced by them. Artificial intelligence can help you achieve an edge over others. It improves the speed as well as the efficiency of the work done. Innovative technology driven devices like Siri and Alexa has been introduced in the market, which could transform your home into smart homes. The only thing you need to do is connect every electronic device to it, after that you only thing you need to do is pass the instruction and your tasks would be completed without any trouble or effort. There are various applications available in the market which could even help you to control your diet or even make a grocery list. Hence, the automation facilities can help you in achieving maximum productivity and efficiency with minimum toil.

Impact of AI on the society

AI is able to affect the society on a larger scale. The new advances in the artificial intelligence technologies are gradually transforming the society. Every individual has a different need and desire. The same problems faced by two different individuals might demand different methodologies of solution. The big business houses spend tons on the R&D process in order to identify and cater the needs of the people. The use of artificial intelligence has made the process less cumbersome. The AI chatbots and the devices on the basis of the data they are fed into, work and update constantly to identify the needs, find out the methodologies with which the individual works, what kind of solutions can cater the needs and demands and finally offer a solution after analysing the problems using a holistic view.

The above premise can be best explained with the help of an example. We all are aware of the COVID 19 pandemic and the devastating effects that it had on the human race. Due to the pandemic, when the movie theatres and the shops where shut down, the business came up with a brilliant idea of aligning the users demands with the AI technology. Various platforms like Netflix, amazon, google were open to provide the access to the movies, web series to the subscribed member of the platform. The people found a new way to entertain themselves and purchased the various memberships. The AI based technology of these websites further on the basis of the past viewed content, recommended the people with more such similar content which the users might be interested into resulting in a win-win situation. The future of the AI technology seems to be promising and could help to pave the path of a much more advanced world. The automation process, AI chatbots and the advanced services that the artificial intelligence is able to deliver is plausible. With the growth of the AI, certain job roles like the tasks at the lower level of the hierarchy could be replaced by would be replaced by the machines. AI has a plausible impact on the society, individual and the business and the world would experience further remarkable advances in the field of AI which would lead to the growth and development of the economy.