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Applications of AI in Enterprises

CIOAdvisor Apac | Wednesday, February 10, 2021
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AI and allied technologies have already attained superhuman performance in several areas, and it is beyond doubt that their potential will improve over the years.

FREMONT, CA: Faced with digital disruption in their sector and a radical transformation in consumer behavior, enterprises are looking to accelerate operational efficiency and agility in remediating business problems. For a business wishing to be competitive or disrupt the existing market space, Artificial Intelligence (AI) can be the best solution. It can help enterprises become intelligent by providing it with a brain, the potential to make decisions and outperform humans. AI will drive a massive range of efficiency optimizations, particularly into highly rule-based chores that involve manpower.

Newer generations of citizen data researchers will become more dependent on networked AI structures and operations.  Networked interdependence will accelerate an enterprise’s vulnerability to cyberattacks. There will be a gap between the digital ‘haves’ and ‘have-nots,’ particularly those who are technologically dependent on digital infrastructures. Artificial Intelligence is empowering the potential for autonomous operation, and the first thing which comes to mind is autonomous vehicles, but the use cases are limitless. Natural language processing, predictive analytics, and intelligent sensors fuelled by IoT have had a pervasive impact on daily lives.

Though many see AI augment human potentials, some even predict the opposite. The rising dependence on machine-driven networks may diminish human cognitive potentials to think for them, communicate effectively with others, and make decisions independent of automated systems. As AI algorithms take over decision-making and predictions, humans employees may experience a loss of control over their potentials to think and act. The tools are not making decisions seamless, as users know the context but do not realize the logic behind why the tools function. Thus, in this context, privacy and the power over options are scarified with no control over the operations.

Summing up, AI will be a vital component of an enterprise experience. Organizations will increasingly use and sometimes depend on AI systems to enhance their daily interactions with each other. In the next few years, AI will fuel the powers of language translation and augmented creativity, bringing new areas into digital transformation.

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