Artificial Intelligence is Really the Future? Let's ExploreCorporate world can leverage artificial intelligence to optimize productivity, provide real-time insights, facilitate critical communication and more

通过Aastha Singal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pixabay.com

Can we imagine our lives without computers? It's a big NO from individuals from every walk of life. These intelligent machines have become an irrevocable part of our lives in the last few years. With computers becoming smart and smarter, we have taken giant leaps to convert what once was recognized as science fiction into reality.

Despite the scare of robots taking over measly human jobs, major companies have understood the relevance of the technological miracle that is Artificial Intelligence, popularly recognized as AI. Unlike 20 years ago, people don't undergo any sense of hesitation before talking to an Alexa or a Siri, testifying that the era of intelligent machines that work and react like humans has come.

近期的事态发展人工智能领域的成功a relevant time to understand the opportunities that the corporate world can leverage to optimize productivity, provide real-time insights, facilitate critical communication and more.

The Recognition

The fresh recognition given to the pioneers of artificial intelligence, computer scientists Yoshua Bengio, Geoffrey Hinton and Yann LeCun with the Turing Award, an honour that is better known as technology industry's version of the Nobel Prize has established that the world is acknowledging the relevance of emerging tech.

AI has become a part of DNA for tech giants like Google. To maintain the sanctity of this technology and address the concerns around the ethics revolving around the growth of artificial intelligence, the company has created an Advanced Technology External Advisory Council to keep AI in check and shape the "responsible development and use" of AI in its products.

The Adoption

Apart from being the fastest growing technologies in science, AI has taken the crown for being the front-runner for digital transformation, which has become a major part of every company's agenda; 40 per cent of which is expected to be met by employing artificial intelligence. Smart assistants are fostering decision making procedure in diverse fields, from medicine, IT and education too.

Currently, voice recognition is the most widely used feature of artificial intelligence. Automated communications not only improves performance but also empower companies by generating meaningful data for better planning. The following infographic by IT outsourcing company, heliossolutions.in provides an insight into the applications and advantages of artificial intelligence:

Wavy Line
Aastha Singal

Entrepreneur Staff

Former Features Writer

A business journalist looking to find happiness in the world of startups, investments, MSMEs and more. Officially started her career as a news reporter for News World India, Aastha had short stints with NDTV and NewsX. A true optimist seeking to make a difference, she is a comic junkie who'd rather watch a typical Bollywood masala than a Hollywood blockbuster.

Related Topics

Entrepreneurs

A Believer In India Story

Amit Lakhotia, founder and CEO, Park+ continues to identify startups where he can add value as a mentor or investor

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

News and Trends

Google Invites Applications For Eighth Batch Of Startups Accelerator Programme

Applications are open until August 22, and eligible startups should have AI as a core solution or product, including generative AI

Living

Finding Balance — How to Pursue Your Entrepreneurial Ideas While Prioritizing Your Well-Being

A question for entrepreneurs: Are we planting seeds or burying ourselves in work?

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Business Culture

I Started My Business In My Mom's Basement at the Age of 17. Here are 5 Rules I Wish I Had Known, But Had to Learn the Hard Way

There is no easy way to break this to you, but you are the least important person in your business!