The Answer Is Yes…It Already Has
When you think about artificial intelligence, it can bring about visions of science fiction movies with machines that take over the world. Is artificial intelligence (AI) is becoming more of a routine experience, similar to what owning a computer was like in the mid 90’s?
Comparing AI, also known machine intelligence, to natural intelligence can be equated to a computer that has the ability to learn vs the human brain. The latter has the ability to process more than just data, but it is limited to constraints of how quickly the neurons can fire.
These building blocks of the human brain have the capability to fire 200 times per second and is a complex system that shows emotions and sensitivity. A computer, on the other hand, is basically inputs and predictable outputs that can process billions of cycles per second.
So how will artificial intelligence become part of our daily routine? It already has, but it’s more in the background for most people. This article lists 17 everyday applications of artificial intelligence:
Current Common Uses of AI
1. Smart Cars
3. Detecting fraud
4. Fake News
5. Customer Service
6. Video games
7. Predictive purchasing
8. Smart recommendations
9. Smart Homes
10. Virtual Assistants
11. Preventing heart attacks
12. Identifying criminals
13. Preserving Wildlife
14. Search and Rescue
16. Work automation and maintenance prediction
17. Hiring (and perhaps firing)
Read the original post here: 17 Everyday Applications of Artificial Intelligence in 2017
Numbers seven and eight in the above list are especially important for business owners. Managing data and intelligence gathering are part of the process that helps today’s businesses succeed by finding solutions to problems through Big Data.
One aspect business owners deal with regularly are finances and taxes, and through Intuit products with Quick Books and Turbo Tax, AI is reshaping how small companies operate.
According to a PDF published by Intuit concerning the rise of smart apps for small businesses, “smart apps can give accountants and bookkeepers the ability to sift through financial data more quickly and easily as well as do a better job of interpreting the data. Intuit, for example, is infusing its QuickBooks Online and QuickBooks Self-Employed solutions with AI and machine learning capabilities to take the friction out of and put insights into everyday tasks.”
All of this technology been happening gradually enough that most people don’t even realize how many aspects of our lives are already integrated in artificial intelligence. There are some that feel like we need to reign machine intelligence before it gets out of hand.
What Are Business Leaders Saying About AI
Influential businessman, Elon Musk, has a lot to say about this topic and he made a strong statement over this 2017 Labor Day weekend:
Elon Musk celebrated Labor Day with a dark premonition: Countries competing to be the best when it comes to artificial intelligence technology could “likely” be the cause of WW3, according to the prolific technologist and entrepreneur.
Read the full post here: Elon Musk warns that vying for AI superiority could lead to WW3 | TechCrunch
The Tesla CEO, who is ironically developing the hardware needed for full self-driving automobiles, has invested in a number of AI companies including Google’s Deep Mind Technologies, and is also the founder of Space Exploration Technologies, AKA SpaceX.
It might seem like a bit of a conflict, but don’t second guess how this entrepreneur feels about allowing the competitiveness of AI to become more important that solving problems that bring us together:
The future of artificial intelligence is a little scary but also exciting, as the problems that could be solved will benefit human existence. From diagnoses and treatments to collaboration and intelligent bionic limbs, the medical uses are endless.
Another industry that is already utilizing artificial intelligence is manufacturing. In fact, it was one of the first industries to harness artificial intelligence by using robots to assemble products and package them for shipment.
With all of these changes as part of our future, should you be worried about losing your job? Honestly, there’s a good chance it will not only affect your job directly, but also your industry and the company you work for.
However, preparing yourself with a list of your strengths and weaknesses, including not only your technical skills but also other abilities and interests, can help you focus on the future opportunities that you might be suited for. Don’t be scared; embrace changes that are coming with your eyes wide open.