The use of AI has been already initiated back a few decades time ago but off late we are going to see a more developed versions of such technologies on the market. I am very much hopeful of what might happen in the near future and along with the usual inclusions of the gadgets and robots in fields like Education, Mills & Industries, Office & Corporate Buildings, Trade & Commerce Centers etc, still the vital use of it is left behind the open corridors of finance and our micro-economies that would bring more of the new ideas we would be amazed to see.
Can we imagine in the next 10 years of time, what will happen to the sectors of "growing economy "? Future is on the way and the way automation is going on, there is little spaces left to be satisfied with the backdated ideas we have in place. I wonder why top class innovators, scientists, tech-experts and multi-billionaires are tremendously fascinated with the prospects of AI and that the concept of changing the figures of technology we have in hand might see a new turn.
At the time, when banking transactions were limited to " filling up checks and withdrawing money from own accounts from just an insertion of a handwritten signature, the cash values be seen in the computer generated screen and the systems to manipulate, whether conducting the operation to keep the money in fixed deposit account or withdrawing it for investments. Or what about for "loan protocols" and now what happened when AI created the space to avail the "artificial negotiator", the "programmed robots" that are sufficient enough to replace the job of "cashiers" and "bank agents/employees "?
#AI has been successfully eliminating many jobs and it is on the march to grasp more, at least 20% of all the available job vacancies we have would likely move away to machine -programmed robots that would prove to be more " efficient "," skilled", "precise" in completing tasks, adding more revenue and value to the company. This be a shocking news and I dont think we need such rapid transformation of AI soon.
Nowadays, even large corporations and companies arent even paying heed to the effects that might create to the job market and economic activities in the future. The periodic and chronological survey would show you what is the real case scenario and #investment are happening worldwide, U.S & European corporate giants are leading the expenditure in developing AI infrastructure . but the numbers are huge and the 35× larger annual budget in the sectors of AI to get larger revenue is replacing jobs quite fast.
I doubt what percentage of a manpower loss in the $180B annual investment would bring forth,but in #blockchain systems, different protocols are being adopted with systematic use of AI that is sharpening better function of the apps and digital boards to foster people's growth. Unlike the big corporations, blockchain isnt thinking to set aside humans out of service, but the sector is bringing convenience to the users and smartly decentralization apps and finance are enabling that to be.
It is my personal belief that the possibilities would be at stake. When, real time business giants and institutions would marginalize job market and keep excluding people, Blockchain AI, the smart use of it would turn use attention and the numbers we see today will rise, we are going to see more of the people in the aspects of decentral system and the "very nature of survival " will find the appropriate alternative in the future.
The rest is to wait and see what happens next. To watch that, we might have to wait, little to long time. What do you think about the matter.??