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How Will AI Surround You And Your Business Now And In The Future?

Sep 14, 2023 - forbes.com
The article discusses the impact of artificial intelligence (AI) on our daily lives and its potential to redefine personal and professional management in the Fourth Industrial Revolution (4IR). The author predicts that AI will significantly impact the human experience, changing job functions and possibly eliminating many jobs over the next 20-30 years. He also mentions the development of AI-automated solutions for enhancing customer experiences and the potential for AI to create news content.

The author suggests that companies should focus on understanding the fundamentals of AI and what to look for in an AI service, rather than trying to keep up with all the emerging platforms. He warns of the potential issues with AI, such as "hallucinations" where AI presents false information as facts. He advises professionals to research AI features and companies, understand the limitations of products, and make choices based on tangible benefits and measurable return on investment.

Key takeaways:

  • The Fourth Industrial Revolution, or "4IR," is being defined by the rise of AI, which could significantly impact both our personal and professional lives over the next 20 to 30 years.
  • AI advancements are expected to reshape daily routines, job functions, and even the nature of work, with research suggesting many jobs could be automated in the coming decades.
  • AI is set to bring a range of innovations, from autonomous driving cars to AI-generated news, and companies are already developing tools to leverage this technology.
  • It's important for companies to understand the fundamentals of AI and its potential issues, and to make choices based on tangible benefits and a measurable return on investment when considering new AI technologies.
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