Artificial Intelligence :
AI is already a big part of our lives, but it hasn’t reached its full potential in either capabilities or ubiquity. Although artificial intelligence is making significant inroads in the customer service industry, it still has a long way to go.
Artificial intelligence helps businesses understand the changing nature of human habits and behavior and better predict the next hot item. AI developments result in more sophisticated algorithms, aiding marketers to adapt to new markets and trends.
Thanks to these benefits, AI is a technological field that can explode into a multi trillion dollar industry.
Other than that AI will be use further to analyze interactions to determine underlying connections and insights. It help predict demand for services like hospitals enabling authorities to make better decisions about resource utilization, and to detect the changing patterns of customer behaviour by analyzing data in near real-time, driving revenues and enhancing personalized experiences.
Automation and Robotics :
While there will undoubtedly be some attrition in the labor force, the picture isn’t as bleak as the prophets of doom would have you believe. After all, greater numbers of robots and automated systems mean more professionals to program and maintain them. Those kinds of jobs pay more than simple assembly-line grunt work.
We’ve seen the rise of drones, self-driving trucks, and robots in the manufacturing sector, but this is just the beginning. There have already been gigabytes of text written about how robotics is a disruptive force in the workforce, replacing humans with cheaper, more reliable machines. It’s easy to find dire predictions of massive unemployment in the wake of a machine takeover. According to this article, over 120 million workers world-wide will need to be retrain over the next few years, owing to robots and AI.
Machine Learning and Artificial Intelligence :
Machine learning is a type of AI that allows software applications to become more accurate at predicting outcomes without being explicitly program to do so. ML algorithms use historical data as input to predict new output values.
Machine Learning the subset of AI, is also being deployed in all kinds of industries, creating a huge demand for skilled professionals. Forester predicts AI, machine learning, and automation will create 9 percent of new U.S. jobs by 2025, jobs including robot monitoring professionals, data scientists, automation specialists, and content curators, making it another new technology trend you must keep in mind too!
Mastering AI and machine learning will help you secure jobs like:
- AI Research Scientist
- AI Engineer
- Machine Learning Engineer
- AI Architect
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