Where does AI go from here?

AI has leveled the playing field in all aspects. Over the years, the data available is vast and complex, therefore businesses can not use traditional business methods - AI is implemented. Research conducted by Accenture reveals that AI could double annual economic growth rates by 2035. It is also projected to increase productivity by up to 40%. Many adopting-companies implement AI to push innovations and productivity, while decreasing costs and increasing profits. AI adoption is growing rapidly (led by tech companies). More and more non-tech companies are embedding AI in their businesses.

AI can perform very complex tasks at a scale but on the other hand, AI is very specialized in performing specific tasks. However, an AI solution will not replace jobs entirely but do rather change the way humans perform tasks and their jobs. Organizations and people have to be able to interact and learn with these new tools that do not work as traditional softwares.

Due to the growth of AI, companies will be able to adapt and generate value from it. In the long-term, they will be the ones that go beyond the development, piloting and the technology, and are able to embed the new tools in their process in a sustainable way.

AI is not only super-powering employees, but it also brings an opportunity for businesses to rethink themselves. As certain tasks move from humans to machines and AI, collaborative working with AI assistance can only unlock an opportunity for different kinds of work.

-Shankin