Sunday, October 25, 2020
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Can We Trust AI in Our Business?

The question of trusting AI in business is quite a complex one, and it consists of more than one question. Can you trust it to be competent enough to complete the task? Can you trust it not to make a major mistake that could cost you complete the entire project? Where does all the data that your AI harvests go? Is your AI safe from hacker groups and malicious competitors? These are just some of the questions that entrepreneurs contemplating the integration of AI are seriously pondering on. Here are several concepts worth considering that might give you an answer to some of these ideas.

A trial period

The first thing you need to take into consideration is the fact that you don’t have a deadline by which you need to adopt the AI. In fact, you’re in no way obliged to do so whatsoever. First, you have the privilege of observing how the rest of the world (and your industry) performs with these AI tools. Second, you can consider a trial period before committing to it. Sure, some may feel like they’ll get outcompeted if they don’t embrace it soon, but it’s always best to be 100 percent certain of your business decisions. This is true even if it takes a bit more time for you to be certain of it.

User-friendly interface

One of the main reasons some people hate the idea of trusting AI in business is that they’re intimidated by the new technology. This is why the majority of AI developers put a special emphasis on the user-friendliness of the interface in question. Once entrepreneurs and technicians behind these SMBs figure out that new technology isn’t that complex to use, they might become more open-minded about utilizing it further. This is just one of the ways of making this technology more accessible and more appealing.

Benefits of automation

Everyone is aware of automation’s benefits, seeing as how it is a trend that dominates the global business world and manufacturing industry for a while now. With the help of concepts like AI automated service desk, the majority of smaller enterprises will finally be able to access an unprecedented level of process automation. When it comes to the total overhead and business processes, you decrease service desk calls, lower costs, and improved service experience. Add to this a higher accuracy of call classification and improved business productivity, and what you have there is a major triumph.

Machine learning and deep learning

When it comes to the overall competence of the AI, the concepts of machine learning and deep learning are what’s in charge of fixing this problem. The learning algorithm controls the AI learning process, and all the machines that are hooked to this grid are there to supply it with data necessary for learning. This is the so-called machine learning. The concept of deep learning is even more complex, seeing as how it tries to engage in the concept of nonlinear reasoning. The deep learning model is also quite scalable, and it’s something that will further find application in the modern-day business world.

The fears of AI

A large portion of the present-day public opinion is terrified by the idea of the AI and the ramifications. Sure, conspiracy theorists that fear the Terminator-like scenario are in the minority. What people are most afraid of is the fact that it might minimize the need for the human workforce, thus overburdening the job market as we know it. This could also apply to some jobs that, so far, required a highly-skilled workforce. At the moment, nonetheless, AI-based tools still need human oversight.

The transparency

Perhaps the most important factor in fighting AI-related fears is the issue of transparency. As long as AI developers submit their results honestly, the public opinion might have an easier time adjusting to this innovation. As long as they’re not just immediately faced with terrifyingly impressive results, people shouldn’t have a problem with AI advancement. It’s the unknown that makes people uneasy. Fortunately, transparency can help overcome this quite efficiently.

In conclusion

The main issue here is the fact that the question of AI doesn’t seem to be something that will stop being relevant anytime soon. The technology itself keeps growing and expanding. Moreover, the majority of your competitors will start implementing them sooner or later. This only sounds like the FOMO phenomenon; in reality, it’s an actual competitive advantage that might set you behind. Higher response time and a better level of automation are something that can give them quite the edge. In other words, the question of whether you’ll go for AI or not is not something that will cease being relevant at one point in the future.

Ana Hoffman
Anna Hoffman is a part-time blogger who blog about Business Technology, Digital Marketing, Real Estate, Digital Currencies, and Educational topics.

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