Before taking a deep dive into AI, it is very important for us to know what actually AI is?
ARTIFICIAL INTELLIGENCE (AI) is a branch of computer science, which basically deals with the development of computer programs to complete tasks which would otherwise require human intelligence.
AI is growing rapidly in this modern and vast changing digital world. We can actually find AI and its implementation throughout our surroundings, from human health to self-driving cars. We can easily find various applications of AI in the present era, such as :-
- Disease mapping
- Smart assistants
- Proactive health care management
- NLP tools
- Manufacturing Robots
- Travel and Transportation
“[AI] is going to change the world more than anything in the history of mankind. More than electricity.”
— AI oracle and venture capitalist Dr. Kai-Fu Lee, 2018
In this tech revolution, AI is the biggest gift to the mankind. Constant progress and working applications of AI has already transformed most industry sectors like retail, manufacturing, finance, healthcare, and media and continues to invade new territories and also the biggest business opportunity of the next decade.
The future will tackle the capabilities of AI and encourage the creation of self-learning robots. AI is going to set a benchmark not in just tech-world but also in business sector.
AI can also have it’s impact over job seeking people:
University of Oxford, the Organisation for Economic Co-operation and Development (OECD), and PwC (formerly PricewaterhouseCoopers) have shown such fears, suggesting that the number of jobs will reduce by some 9 to 47 percent from their current levels.
AI also plays a major role in hiring process, a case study have shown that more than 75% resumes have been rejected before even reaching to any human being as resume scanning is done by AI-powered programs.
This progress can also lead to the sudden fall down in employment for which we have to be mentally prepared.
But on the other hand we can’t forget our tech world has also provided us soo many opportunities with growing resources.