Artificial Intelligence, but why?
Here's why AI is important
Tasks done by AI can be completed rapidly, much faster than the rate a human being would be able to perform similar work, or even imagine the same. AI systems can become experts far faster than humans, making them incredibly effective options for any process requiring intelligent decision making.
This makes AI an incredibly powerful, and extremely valuable technology, since it essentially allows computers to think and behave like humans, but at much faster speeds and with much more processing power than the human brain can produce.
In many cases and for a variety of different applications, AI systems are capable of significantly outperforming humans, and that’s the primary reason why AI technology has become so important to the modern economy.
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Let's see how AI improves the world we live in!
Automation
AI is able to automate an iterative task that was previously done manually, without feeling any fatigue or having to take breaks which otherwise a human employee would need to do.
Enhancement
AI can make products and services smarter and more effective, improving experiences for end-users, via capabilities like optimizing conversation bots or customer service menus, and delivering better product recommendations.
Analysis
AI can analyze data at a much faster rate than humans, allowing it to find patterns much more quickly, and it can also analyze much larger datasets than humans, allowing it to uncover patterns humans would simply miss.
Accuracy
AI can be trained to become more accurate than humans, utilizing its ability to harvest and interpret data to come up with better decisions for tasks like picking financial investments or identifying cancerous growths on x-rays.
ROI
AI maximizes the value of data since it’s able to do a better job analyzing complex, multivariate relationships, without having to take any breaks and with fewer mistakes, making it an incredibly important technology for any business that relies on data and operates at scale.
