LyRise Blog

LyGuide Series: How AI is Revolutionizing the Future of Work

Written by LyRise Team | Feb 1, 2023 5:00:00 AM

In the past few years, we've seen a surge of excitement about artificial intelligence (AI) and machine learning. This technology has gone beyond being just a buzzword to becoming an integral part of our everyday lives. However, AI is still in its infancy and its potential impact on society is still unknown. What does it mean for your business? How can you harness its power for future success?

Artificial Intelligence (AI) is revolutionizing the future world of work.

Artificial Intelligence (AI) is a general term for computer systems that are capable of performing tasks that normally require human intelligence. AI technologies are transforming the way we live and work by improving efficiency, accuracy, and accessibility in a wide range of industries.

In this article we will explore how AI is changing the world of work through automation and augmentation.

For consumers, AI will make life more convenient and easier.

AI will improve the customer experience by helping you make better decisions and save time, money, and energy when you're shopping online. It will also help you get more from your money by recommending products that fit your needs.

For example: If you're looking to buy a new pair of running shoes and enter "running shoes" in Amazon's search bar, AI will suggest other items based on what other people who bought those shoes also purchased (say, socks). This feature can save hours of browsing through different pages or clicking through categories because it allows users to get recommendations based on previous purchases--or even just general preferences about their lifestyle or hobbies!

AI technologies can automate repetitive tasks, freeing workers to solve higher-value problems.

AI technologies can automate repetitive tasks, freeing workers to solve higher-value problems.

By automating routine tasks, AI helps businesses save money and grow. The technology also improves customer service and employee productivity by allowing employees to focus on more complex tasks rather than completing basic ones manually.

Industry experts estimate that by 2035, robots could perform 50% of all work activities.

 

You may have heard that robots are coming to take your job. While this is true, it's not necessarily a bad thing. Industry experts estimate that by 2035, robots could perform 50% of all work activities--and that doesn't even include artificial intelligence (AI).

AI has been around for decades but only recently has it made its way into the workplace in a big way. Companies like Google and Facebook use AI to improve their services and make them easier for us to use; meanwhile, newer companies like Salesforce use it as an integral part of their business model. The rise of these types of technologies means we need fewer people doing manual tasks like data entry or customer service calls because they can be automated with software instead--which means there will be fewer jobs available overall! But don't worry: AI isn't going anywhere anytime soon either (unless Skynet takes over). In fact, there are plenty more ways we'll see technology change our lives over the next few decades--including how we think about disability issues too...

We’re still in the very early days of adopting AI and are only now starting to understand how it will help empower humans.

We’re still in the very early days of adopting AI and are only now starting to understand how it will help empower humans.

AI is still a relatively new technology, so we don't know what all its uses will be or how it will change our lives. We do know that there are many ways AI can be used by businesses and people alike, but we're still learning about them as more research is conducted into this emerging field.

AI has gone beyond the hype, and businesses today must understand how it can be applied to help shape future business strategies.

AI is not just a fad, it is here to stay. In fact, AI will be more than just a tool; it will help humans work smarter and faster by automating mundane tasks so we can focus on higher value tasks.

AI is already making an impact on the way we work today. The number of organizations using AI in some capacity has risen dramatically over the last few years--from 28% in 2017 to 55% in 2019 (according to Gartner).

Conclusion

The world is changing and AI is one of the biggest factors driving this transformation. Businesses today must understand how AI can be applied so that they can shape their future strategies accordingly.