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The Future Of AI-Powered Document Processing

Nov 29, 2023 - forbes.com
The article discusses the evolution of document processing with the integration of artificial intelligence (AI) and PDF software. The author, Eugene Xiong, Founder and Chairman of Foxit, explains how AI is transforming the way documents are processed, moving from human-centric operations to machine-based automation. He highlights how generative AI platforms like ChatGPT can recognize, summarize, translate, and create content, and how PDF software is being enhanced by AI to automate tasks previously performed by humans.

Xiong also discusses the concept of "intelligent document processing," where AI could automate entire document processes in various sectors, such as banking and engineering. He emphasizes that PDF, often seen as a static format, has evolved to become a programmable platform suitable for various workflows. The article concludes by stating that making intelligent document processing a reality requires intelligence optimized for document analysis and domain knowledge for meaningful workflow delivery. It also mentions that AI platforms need significant fine-tuning and training to integrate with various document processes.

Key takeaways:

  • Artificial Intelligence (AI) is increasingly being used to automate document processing, reducing the need for human intervention.
  • Generative AI platforms like ChatGPT can recognize, summarize, translate, and create content with high accuracy when properly trained.
  • PDF software is being enhanced by AI to perform tasks such as redaction, recognizing and extracting document characteristics, and creating and editing documents.
  • Intelligent document processing requires both the intelligence to analyze documents and the domain knowledge to train that intelligence for specific workflows.
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