Did you know that five of the biggest tech giants viz. IBM, Microsoft, Google, Facebook, and Amazon have recently formed a partnership for the research and development of Artificial Intelligence?
And these market leadership form just the top of the cream. Thousands of startups like Kwiziq, JamieAI, and Verv are blooming crosswise the globe, investment in the development of future AI era. So what is it that all these businesses have found in the potential of this technology that is driving them to hustle? And more importantly, why is it important for your business to participate and adapt to this futurist technology?
More efficient digital assistance
Machines have since the beginning set themselves as important because of their power to enhance human efficiency. Let's just assume what change in efficiency can be brought upon when these machines become actually intelligent; when they can make best possible decisions on their own, without being affected by the limiting constraints of human beings? There will be few errors, less unpredictable problems, and few delays, all of which will have a accumulative effect on the overall efficiency of any system.
Digital merchandising at its best
Many companies are already in the process of garnering the potential power of AI and are working with intelligent chatbots to enhance their merchandising efforts. It is no wonder they have taken this route. Chatbots and other similar AI merchandising solutions can take digital merchandising to its extreme, where you can solve the queries of your potential customers, create interactive merchandising campaigns, and resolve many repetitive and monotonous tasks without having to invest in multiple resources.
Limitless exploration
When it comes to exploration, biological boundaries of human race have always been considered as the biggest limitation. And it is not just the biological inevitably that have kept us from exploring inhospitable environments of space or underwater. These limitations are also in the form of our sensory perceptions. There are many wave patterns and frequencies that human race are simply unable to detect, this is why machines like the thermal camera that detects infrared waves have become so important for the seamless exploration even of our immediate environment. Machines with AI can remove all these problems with a single stroke.
Wide application scope and new opportunities
As opposed to the most recent technological developments, AI becomes more desirable because of its far-fledging application. Since most of the present technological advances are limited to the technological ground only, the field was losing its significance in other spheres of life. But with AI, such is not the case. Its potential has made it a most sought-after invention in the areas of medical science, financial systems, air transport, heavy mechanical industries, and even art.
Transitional Shift
Unlike social media, AI is not a booming phase. It is the development of a all new ecosystem that will change the technology as we know it today. There is no limit to what the future may hold when we come to the peak of AI development when intelligent machines will be working without the biological constraints of human bodies. It will continue to evolve at an exponential rate, resolution perhaps, some of the most profound mysteries of the universe.
At present, even with all its advancements, AI can still be considered in its newborn stage, and for all those businesses that aim to survive and thrive through this shift shift, it is extremely important for them to adapt.
