Are We Ready To Transform Lives With AI?

Are We Ready To Transform Lives With AI?

Artificial intelligence (AI) is easily one of the most trending topics today: be it in the area of process automation for enterprises or its demand in the job market. Real-time data always is the driving force of any company in this era of digital transformation. Ushered into existence with the sole objective of making systems ‘SMART’ and our lives ‘SIMPLE’, the prominence of AI is pretty evident considering the massive rate at which it is being incorporated across industries.

According to IDC, the amount of data generated globally by 2025 would reach 175 zettabytes, a staggering 430 per cent growth over the 33 zettabytes generated in 2018. In the coming years, the ability of AI to automate and augment jobs currently performed by humans will have the largest impact on business. AI gives efficient data in its raw form for generating in-depth business insights that improve existing company operations and open up new revenue streams. As a result, enterprises must install AI-powered BI platforms in order to make use of business intelligence tools’ smart features.

Needless to say, it has paved the way for dynamic changes at the workplace and in personal life, by automating a host of processes and activities that seemed either impossible or took considerably longer to execute traditionally. Given the rapid growth of the AI industry, it’s not surprising that the need for and demand for professionals and experts would skyrocket in the coming years.  Here’re some trends that I’m certain will shape the overall AI landscape for individuals, organisations, governments, and the world at large!

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