Artificial Intelligence is Really the Future? Let's Explore Corporate world can leverage artificial intelligence to optimize productivity, provide real-time insights, facilitate critical communication and more

By Aastha Singal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pixabay.com

Can we imagine our lives without computers? It's a big NO from individuals from every walk of life. These intelligent machines have become an irrevocable part of our lives in the last few years. With computers becoming smart and smarter, we have taken giant leaps to convert what once was recognized as science fiction into reality.

Despite the scare of robots taking over measly human jobs, major companies have understood the relevance of the technological miracle that is Artificial Intelligence, popularly recognized as AI. Unlike 20 years ago, people don't undergo any sense of hesitation before talking to an Alexa or a Siri, testifying that the era of intelligent machines that work and react like humans has come.

The recent developments in the field of AI make it a relevant time to understand the opportunities that the corporate world can leverage to optimize productivity, provide real-time insights, facilitate critical communication and more.

The Recognition

The fresh recognition given to the pioneers of artificial intelligence, computer scientists Yoshua Bengio, Geoffrey Hinton and Yann LeCun with the Turing Award, an honour that is better known as technology industry's version of the Nobel Prize has established that the world is acknowledging the relevance of emerging tech.

AI has become a part of DNA for tech giants like Google. To maintain the sanctity of this technology and address the concerns around the ethics revolving around the growth of artificial intelligence, the company has created an Advanced Technology External Advisory Council to keep AI in check and shape the "responsible development and use" of AI in its products.

The Adoption

Apart from being the fastest growing technologies in science, AI has taken the crown for being the front-runner for digital transformation, which has become a major part of every company's agenda; 40 per cent of which is expected to be met by employing artificial intelligence. Smart assistants are fostering decision making procedure in diverse fields, from medicine, IT and education too.

Currently, voice recognition is the most widely used feature of artificial intelligence. Automated communications not only improves performance but also empower companies by generating meaningful data for better planning. The following infographic by IT outsourcing company, heliossolutions.in provides an insight into the applications and advantages of artificial intelligence:

Aastha Singal

Entrepreneur Staff

Former Features Writer

A business journalist looking to find happiness in the world of startups, investments, MSMEs and more. Officially started her career as a news reporter for News World India, Aastha had short stints with NDTV and NewsX. A true optimist seeking to make a difference, she is a comic junkie who'd rather watch a typical Bollywood masala than a Hollywood blockbuster. 

Leadership

The Difference Between Entrepreneurs Who Survive Crises and Those Who Don't

In a business world accelerated by AI, visibility alone is fragile. Here's how strategic silence and consistency can turn reputation into your most powerful asset.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Gold Prices Are Higher Than Ever. Here's How Much a Costco Gold Bar Purchased in 2024 Is Worth Today.

A one-ounce Costco bar is worth $870 more now than it was a year ago.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.