Whether you like it or not, AI (Artificial Intelligence) is going to touch every aspect of your lives sooner than you realize. Experts have been predicting the rise of AI since the 1960s.
In some ways, it's simple to understand why we're finally seeing this technology emerge as the next big thing. It's because humans are lazy! We hate doing things ourselves when someone else can do them for us even if the results aren't quite what we want.
We've seen this phenomenon play out again and again in our lives: from ordering takeout food online instead of cooking dinner at home, to outsourcing our finances with apps like Mint and Personal Capital instead of managing our own checkbooks or savings accounts by hand.
But it also applies to how businesses operate today. Many companies are turning over more work than ever before because it allows them to focus on higher-level tasks that require more human judgment than rote memorization (and thus cannot be automated).
Artificial intelligence Is Not New
Obviously, we have seen its applications in movies. But in 2023, some of those movies will become reality. AI has been around for decades. The term artificial intelligence was coined by John McCarthy in 1956 at a conference he organized with fellow computer engineers and scientists - Marvin Minsky, Nathaniel Rochester, and Claude Shannon in the Dartmouth College conference center.
AI is not just about robots and computers anymore; it's also about humans. In today's world, we need to combine human intelligence with machine intelligence to be better informed and make better decisions faster than ever before.
AI Is Here To Stay
AI is a disruptive technology that will change the way we work. If you aren’t preparing for it, then you are not preparing for your future! It will be used to automate manual processes, repetitive tasks, knowledge work, and even creative work. I hope you had a lot of fun with AI art that can be generated in a few seconds with text. Or you must have tried Chat GPT to do your homework assignments.
Automation will eliminate jobs, but it won't necessarily create them. It's been happening for the whole of millennia. The problem is that we are suddenly facing the prospect of mass unemployment and much higher rates of poverty than we've ever seen before in human history.
No matter what happens, AI is here to stay and only going to grow. Most technical and repetitive jobs can be done by AI. Only the generalist with creative abilities will be able to survive. Rest will have a hard time catching up.
AI Has Limitations
When you're talking about AI, it's important to be clear about what it (and its limitations) can do. As a customer, you want your AI developer to understand that there are no silver bullets in the tech world.
A good AI developer will be able to explain why they didn't use a particular technology and why they might not recommend using it for your project: "We could have used XYZ for this part of our system", or "We chose not to use ABC because it's known as being hard to debug."
With AI, you can only automate manual processes where the resulting outcomes can be predicted. But IRL, unpredictable things happen all the time. In those situations, human creativity will thrive to seek possible solutions.
Conclusion
The most important thing to do is to know what you're up against. Knowing the enemy's strengths and weaknesses can help you plan your attack. If you have an open mind then you can turn this enemy into a strong ally. We are already living in the world of artificial intelligence, and it is up to us how we are going to utilize this technology. The individuals or companies and organizations that will succeed in the future will be those who have embraced AI and used it in their business processes & day to day life.
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