Will AI Impact Your Business?
Artificial intelligence is everywhere these days, and you can’t avoid the fact that AI exists any more than you could choose a different color for the sky. Technology is advancing, and the introduction of AI could have a great impact on businesses and how successfully they’re able to operate. Here are some of the most important things for you to know as a business in the age where AI development is moving faster than ever before.
Will AI Impact Your Business?
Many businesses have questions while the world is standing at the forefront of artificial intelligence and neural network development. Some of the questions businesses are asking about AI technologies include:
- Will AI impact my business?
- How will AI affect my business when it does?
- Is AI going to be good or bad for business?
- What should we do about AI?
Artificial Intelligence: Its Impact Is Everywhere
Artificial intelligence doesn’t begin and end with the chatbot or natural language processing models as we’re familiar with them. AI is also used in many other ways, including the automation of supply chains and customer support.
When you visit Netflix, the algorithm knows what you are more likely to choose, and the program can make recommendations based on what you have previously viewed. That’s a simple machine learning algorithm application – and it doesn’t do much talking or writing like ChatGPT or Jasper.
Most industries are impacted by artificial intelligence already, whether or not they realize this impact. AI can be disastrous (like Microsoft’s Tay), but AI systems can also prove to be useful in everything from scientific research to problem-solving supply chain issues in real time.
Since we know that it is likely artificial intelligence will only get better with time, different industries should learn more about artificial intelligence and how it could be applied to better the industry instead of running from it.
Choose Your Impact
The introduction of artificial intelligence can impact your business in either of two ways – good or bad. The impact of AI is inevitable in an age where new developments are being made every day, and you can’t really escape it… But you can learn to use it to your advantage.
Companies should implement AI in their most essential processes, for example, supply chain management. Companies should also try to counteract this by keeping AI away from the parts of the business where it could be harmful.
Choose your impact: good or bad.
Are you going to let AI drag your business down, or are you going to let AI become your biggest advantage?
AI and Ethics
Companies have a responsibility to support the development of artificial intelligence and the ethics surrounding it. Ethics becomes important when discussing deep learning algorithms and the ability of AI to replace humans in the workplace.
Artificial intelligence and ethics is the part of AI that says that artificial intelligence shouldn’t learn how to lie, miscalculate, or write essays for university students.
Like almost anything else, artificial intelligence requires careful discussions surrounding the ethics of when AI acts in ways that we shouldn’t have let it.
ChatGPT and Jasper
Many writers have been let go in favor of ChatGPT and Jasper, but there is one thing AI is more likely to do that human writers don’t: just outright make things up. Ask the system a question about something, and it’s still feeding from the vast library of results that can be found on the internet – and this means AI-powered service offerings such as ChatGPT and Jasper can lie, or get things wrong.
AI doesn’t fact-check, while human writers and employees are more likely to check something – and they won’t make it up out of thin air. ChatGPT can be fooled into saying that Stephen King wrote books he hasn’t ever mentioned – and that is the great current flaw that means AI writing hasn’t taken over quite yet.
Additional Information: How AI is helping marketers – Think with Google
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