Business Management Review |
Artificial Intelligence (AI) is already being enacted in companies worldwide. While there is growing concern about whether robots will take over the workplace, few predict that they will significantly improve and even create jobs in the future.
Nevertheless, AI has already made its way into day-to-day lives, from home devices to mobile apps. In addition, AI has supported companies in making better use of data and streamlining processes.
About 40 million Americans already owned a smart speaker like Amazon Echo at the beginning of last year. Alexa supports people with dim lighting, turning their heaters down, managing their schedules, and organizing their shopping trips—all by AI and voice. Machine learning is taking natural language processing to the next level, and it has not yet stopped.
The growing deployment of intelligent, predictive, and self-learning HR technologies will be another significant AI intervention in 2019. AI in Human Resource solutions is the complete response to cost reduction, avoiding legal complications, boosting productivity, and helping the company overcome the administrative obstacles that often occur when a new venture is formed.
Businesses can build and deploy customized, data-oriented services and products with AI technologies. It helps enterprises adopt consumer-driven strategies that improve customization and increase their income. In addition, AI's integration with other technologies enhances business strategies driven by data.
AI boosts AI's power and smoother running operations with analytics, IoT, ERP, blockchain, and quantum computing. While this confluence may initially be a challenge for business executives, the advantages outweigh any hurdles the company faces.
There is still time for the AI train to get there. Yet the truth is that 2019's most significant trend will be businesses left behind without AI. The world will see a substantial shift in business reality in 2019. They are failing to incorporate AI, and automation will be like shortly sleeping on a digital transformation path. Enterprises should not be the unicorn that showed up to the ark because of delays. As for them, the company could and will most likely be extinguished.
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