You can barely open a newspaper these days without reading an article on how AI is going to revolutionise every conceivable industry, sector or business. And that's for one very good reason; it's true.
Artificial intelligence, which incorporates the fields of big data, advanced analytics, smart factory developments and machine learning, is helping any number of organisations around the globe to operate more efficiently so that they can minimise waste, enhance their levels of productivity and ultimately increase profit levels.
AI is helping businesses to transform how they operate for the better, but there are still challenges to avoid and hurdles to overcome. So why not check out Aqovia's Artificial Intelligence Management Platform A1
One of the primary issues that is inherently associated with the adoption of AI is that it can be a hefty investment, both in terms of time and money. And, while there are numerous studies indicating that investing in AI will reap rewards both in the short- and long-term, some smaller business - especially those with tight profit margins - will be unable to adopt the full range of AI technologies at their disposal in one fell swoop.
However, AI adoption should be treated very much as an organic progression. Processes and systems should be purchased, installed and ultimately implemented over a period of time, not only because this is more financially viable, but it also gives employees the chance to get to grips with the changes. AI adoption is a long-term strategy, not an overnight introduction.
The changing role of the employee
Of course, one of the key reasons why AI is mentioned so frequently in the news is because of fears that it will ultimately lead to employees losing their jobs. And, while this is true to some degree, the issue has become somewhat distorted by rhetoric and a lack of understanding.
AI is making many businesses more effective because it is moving people away from manual and menial jobs. This means that productivity will increase due to wastage being minimised and because operations can continue 24/7. Machines do not need to sleep, after all.
But what does this mean for employees? Basically, it means that they will become more valuable, not less. Humans will be required to think about the future; they will have to program the AI that the company uses, and will be necessary to enhance it so that productivity can be increased further.
Put simply, AI is the catalyst that will drive digital transformation, but people will still be central to ensuring it is as effective as possible. CONTACT Aqovia today for all your AI needs.