One in five workers in a nonroutine job will rely on artificial intelligence (AI) for at least part of their role, according to forecasts. The growing volume and complexity of business data have forced many firms across a variety of industries to adopt AI to boost growth.
According to data gathered by LearnBonds, this trend is set to continue over the coming years, with global artificial intelligence software market value jumping from
AI to Become Mainstream Technology
Artificial intelligence has already begun to revolutionize industries across the world, helping businesses to improve their efficiency, quality, and speed. By using automation, deep learning, and natural language processing, AI helps streamline business operations, decision making, and help predict trends.
Over the years, many of the biggest names in the tech industry have invested heavily in AI acquisitions and AI-related research and development. Companies such as
In 2018, the value of global artificial intelligence software industry hit
Looked at by region,
The
Software robots and AI automation have already gained a massive role in manufacturing, retail, banking, and insurance. They also play a huge role in investing and lending platforms, where sophisticated computer algorithms make decisions in minutes instead of days.
The so-called digital workers are already transforming traditional workspaces, performing business tasks like a human worker, only much faster and without mistakes.
According to KMPG 2019 global survey, nearly 75% of those asked said that up to 50% of their current workforce would be significantly impacted by the adoption of intelligent automation technologies.
Although many people consider automation and AI as traditional job killers, the coming years are expected to witness a growing integration between human and digital workers, creating a new hybrid workforce. By taking over routine tasks, digital workers will leave more time for people to manage complex jobs. This new hybrid workforce is expected to reduce costs, improve efficiency, and create better products and services for customers.
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