The Impact of Artificial Intelligence on Business and Society
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July 15, 2019
Artificial Intelligence (A.I) is the theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.
A.I is quickly becoming a fundamental feature within many businesses as well as in our homes. It helps to streamline business processes, which will allow your company to perform more efficiently and increase productivity. It can change the way business is conducted as we know it. The technology can benefit operations and ensure that a company runs more effectively. In the near future A.I will play a significant role in the way that companies operate as the software continues to advance.
Currently it has boosted many industries for the better. The future seems to be promising and as we become more reliant on this innovative technology, our need will increasingly grow.
A.I makes the majority of people nervous but as long as the technology is used responsibly and the objective is adhered to, then there is no need to be anxious.
Some examples of A.I:
Siri
Apple’s personal assistant, Siri is the friendly voice activated computer that many people interact with on a daily basis. She helps find information, gives directions, helps send messages and much more. She uses machine-learning technology to get smarter and better at predicting and understanding people’s language questions and requests.
Alexa
The smart home’s hub has the ability to interpret speech from anywhere in the room and can help search the web for information, shop, schedule appointments, set alarms and a hundreds of other daily tasks.
Amazon.com
Amazon uses A.I with algorithms that the company uses to predict just what you’re interested in purchasing based on your online behaviour.
Netflix
Netflix provides highly accurate predictive technology based on customer’s reactions to films. This tech is getting smarter as each year passes.
Pandora
Pandora available only in the United States is a leading music and podcast discovery platform, providing a highly personalised listening experience. Their A.I is one of the most ground-breaking technologies that exist today. They call it their musical DNA. Based on musical characteristics, each song is first manually evaluated by a team of professional musicians, and then the system recommends songs that would normally go unnoticed to their subscribers.
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