Skip to main content

Week 9 - Understanding AI Can Be Extremely Beneficial

Knowing how important a role AI plays in the future of business, it's safe to assume that those who are on the AI train will become successful, and those who are not on the AI train — well, good luck. It may or may not be as clear cut as those who understand AI will become successful and those who do not understand AI will not be successful, but with the ever increasing rate of how much AI has been improved upon over the past few years, it may not be a bad idea to learn a little bit about what AI is and how it can improve a business's profitability.

Aside from the obvious fact of not paying salaries to employees with jobs that can be done by AI, Artificial Intelligence can sometimes make better decisions than real people. No human being on this planet can say with 100 percent certainty that they are perfect with whatever it is that they do. However, with AI making near perfect decisions is not that far away. With a concept called Deep Learning, it is possible for AI to learn from certain actions that caused certain outcomes. With this practice in mind and with enough experience, it is possible for AI to make the best possible decision almost every time.

In short, the route that AI is currently following will likely continue for a number of decades. Learning about how AI works and the possible uses of it could place you one step ahead of a competing business. It is never to late to begin learning about AI, and the earlier one starts, the better off they might be in the future.

Image result for AI in business
Labels:

Comments

Post a Comment

Popular posts from this blog

Week 16 - Where AI is Headed in the Future

Artificial Intelligence is at a point where almost anyone who has access to the Internet has heard of it. But there are still people who do not know for sure what AI is and what its potential uses could be. As it stands, AI is currently used for a multitude of different tasks. Whether it be balancing accounts in a small business or diagnosing patients with physical ailments, AI has the opportunity to succeed at any of these tasks and all of them in between. But with that wide array of tasks that AI is capable of handling, it may seem that there are not many more roads that are left untraveled in terms of new AI capabilities. However, that can all change with a few major advancements in technology, which is not all that far fetched when thinking about the world as a whole. For example, supercomputers that were used to put man on the moon almost fifty years ago have a fraction of the computing power of the computers that are in an everyday household. In fifty years, technology regardin...
Post a Comment
Read more

Week 2 Blog 2 - Ethical and Privacy Concerns Regarding The Advancement of AI Technology

      As AI gains more and more depth in both its systems and knowledgebase, it is beginning to become more and more clear that the information being processed by these systems contains sensitive information. If this information were to be obtained through AI and used for malicious purposes, it could spell disaster amongst the general public. The masses would be afraid of AI's capabilities to search vast arrays of databases to find sensitive information. As a result, it must be said that there needs to be some regulations into what AI can and cannot do in order to prevent such a causality.      In my previous blogpost, entitled Similarities Between AI and The Internet I asked ChatGPT to list some similarities between the two. After letting the newly created chatbot to do its magic, I came across a point that resonated with the idea of regulations needed to be placed on AI technologies. I gave ChatGPT the following prompt "Go into further detail regarding Et...
Post a Comment
Read more

Week 3 Blog 2 - ChatGPT Responds to "How Will AI Enter the Health Industry"

    I asked ChatGPT to "provide three examples of how AI can enter the health industry and explain it in a formal blogpost." The following is what it has to say on the subject. Embracing the Power of Artificial Intelligence in Healthcare Introduction:           The intersection of artificial intelligence (AI) and the health industry is revolutionizing the way we diagnose, treat, and manage diseases. AI has emerged as a transformative force, offering remarkable potential to enhance patient care, improve diagnostic accuracy, and accelerate medical research. In this blog post, we will explore three compelling examples of how AI is entering the health industry and revolutionizing healthcare delivery. Medical Imaging and Diagnosis:      One area where AI has shown exceptional promise is medical imaging analysis. Traditional methods of interpreting medical images, such as X-rays, MRIs, and CT scans, rely heavily on human expertise, which ...
Post a Comment
Read more