Making the most of artificial intelligence

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All over the world today, businesses and brands are employing automation to make their operations more efficient and effective while reducing redundancy as much as possible. While this might bring ...

All over the world today, businesses and brands are employing automation to make their operations more efficient and effective while reducing redundancy as much as possible. While this might bring to mind a picture of robots take over jobs, that is not entirely the case as Artificial Intelligence is, in fact, a business asset, enhancing and promoting human capabilities and efforts.

I have spent the last few days reading a book, titled ‘A-Z of Artificial Intelligence Consulting: 26 Artificial Intelligence ideas for your business today’ by Olusola Amusan, and it is quite an interesting book that any forward-looking entrepreneur, business executive and public servant should pick up and read. This book will help you appreciate the impact of this field of computing on all areas of business and how to better prepare for what is ahead.

According to Amusan, chief executive of Coven Works Inc, “the World Economic Forum predicts that more than 63 million new jobs will be created by 2025 as a result of Artificial Intelligence and robotics. For small businesses, 50 per cent of all global businesses will require one form of automation or the other, according to a Gartner report, by 2021.”

While about 80 per cent of the country’s economy leans on Micro, Small, Medium-scale Enterprises, government establishments are still the backbone of technological improvement. History shows that governments had a key role to play in almost all technological breakthroughs we know of today; this tells us the role of the government in the technological growth of a nation.

Source: Tech Daily Report (techdailyreport.net)

 

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