Posted On - 07-08-2019 admin Artificial Intelligence
If we talk in generic terms, Artificial Intelligence (AI) means infusing human intelligence in machines. It is the conglomeration of automation with machinery by humans to invent various thoughtful technologies such as self-driving cars, impersonate humans, robots, and more.
The classic definition of AI can be elucidated as machines developed by humans that can mimic human behavior. On the other hand, machine learning, a subset of artificial intelligence, can be described as maneuvering statistical techniques and algorithms by computer systems to skillfully perform a specific task without much human interference. In simple words, AI can easily complete a repetitive task, without getting distracted as humans do.
According to reports, it is estimated that artificial intelligence will be acquiring more capabilities and will hence take up more jobs and will supplant more people in the process. However, when it comes to finding out the ground reality, we need to dig deeper. AI will surely acquire the jobs, but it will also open doors for various contemporary opportunities. Artificial Intelligence will perform tasks that are repetitive in nature, and therefore, will replace the monotonous tasks to emancipate humans to undertake the more challenging ones.
Take the example of accounting. On one hand, accountants and accounting firms are using software such as QuickBooks, Sage, etc. to fulfill the role of accountants. While, on the other, the scene is quite the opposite. For example, if you are a prodigious or mushrooming company, you need to make decisions on a frequent basis. For which, you will need an expert accountant to complement your hosted accounting software. Hence, although the imperative but monotonous tasks will be taken care of by the software, the more challenging tasks that involve the power of decision making, will still be done by humans.
As already specified, artificial intelligence is capable of carrying a slew of tasks that humans find otherwise boring or time-consuming. But, when it comes to seeking reliable advice or adding a human touch to day-to-day decision making, AI still has a long way to go. For those worried that artificial intelligence will take up their jobs, there is a long time for that to happen. Technology is powerless unless humans allow it to be, and that gives humans the edge over machines. There are countless reasons why AI is more of a friend than a foe for us. Lets’s see how:
Finally, the question arises whether ‘AI will replace humans’. Well, the answer is still controversial. But, one thing we really need to consider is that technology in any form, for instance, a driverless car, will ultimately help us to reach our destination and simplify our lives, instead of trying to harm us. So, all we need to do as progressive humans is to welcome AI with open arms and allow it to augment our business and enrich our lives. From selecting the right business strategy to grow our business, to assisting us to connect with our customers round-the-clock, AI serving us and will support us to achieve more.