The dawn of artificial intelligence has come. Machine learning and computer systems that are AI-enabled depict the same reasoning and cognitive capabilities as human beings and sometimes even higher.
From self-driving automobiles to SIRI, artificial intelligence is slowly evolving in a manner that mimics human behaviour, intellect and characteristics to astounding levels. There are scientists and system experts such as Elon Musk and Stephen Hawking that are predicting the future world where AI systems will compete with human beings.
These two scientists have issued stern warnings of the hazards and risks associated with self-aware artificial intelligence systems that are fully aware. Regardless of the social implications of artificial intelligence, AI’s most significant use will be in business and industrial applications.
The 21st century has given birth to numerous technologies and trends market research that can be used to improve the way companies conduct business, promote their products and interact with their consumers. However, artificial intelligence and robotics are going to play a critical role in the future of the business world when it comes to inventory management, consumer brand experience, and product promotion. In this article, we are going to discuss the artificial intelligence trends of 2020 and how this technology will impact on how we conduct business.
Robotics and AI Will Change the Job Industry Landscape
Automation is one of the surest ways that artificial intelligence will transform how companies conduct business. AI will pose a major risk to millions of jobs worldwide as many manual tasks will be completed using robots. Large-scale and manufacturing industries will adopt artificial intelligence and machine learning systems to replace employees in the different sectors of the production line.
Robots that have been enabled with artificial intelligence technology are less prone to errors as compared to humans. Such systems are also cost effective and have higher productivity and precision. On the other hand, artificial intelligence will also lead to the creation of thousands of employment opportunities as it continues to develop in the coming years. For instance, human skill and labour will be required to design, develop, program and fabricate robots in the future. Human input will also be required for the maintenance of these machines.
Superior Enterprise Mobility
The future of commerce on enterprise mobility is highly dependent on artificial intelligence systems and machine learning models like data cleaning tools. The current generation of employees is more comfortable working remotely as compared to the traditional brick-and-mortar office. The central office working model is gradually becoming unpopular with millennials who are the majority of the working population today. With AI, companies will be able to give more mobility to their employees.
Employees will also be able to access company information remotely, complete their assignments and send the final paperwork to their boss from the comfort of their homes. The superiority of enterprise mobility will enable company staff to take control of their working environments and schedules.
Such control is critical to improving productivity and making the processes and business operations more efficient. Artificial intelligence will also make it easier for such employees to enhance their portfolio through the acquisition of new skills. Employees will also become more competent in their job descriptions as they do not have to be physically present for the training and career development programs.
The Integration of Business Operations
According to the emerging artificial intelligence trends in business, the technology will be critical in the consolidation and integration of business operations in any company. The fragmentation of various services and business processes has been one of the most significant problems experienced by large-scale businesses.
The integration of enterprise resource planning (ERP) with artificial intelligence technology will enable the combination of the fragmented working parts into a single fully functioning unit. This will become possible through the analysis and testing of each piece of information. This will consolidate systems, operations and the employees of the business. Consequently, there will be more productivity, efficiency and a better return on investment.