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STUDENT ARTICLE<br />
Advancement in AI (Artificial<br />
Intelligence)- a Business Perspective<br />
Back in 1800’s when industrial revolution<br />
happened, many speculated of losing their<br />
jobs due to automation, that is, the<br />
assembly line. Yes, many lost their jobs,<br />
but eventually many more jobs came up.<br />
And it certainly gave businesses a chance<br />
to flourish under this new bandwagon and<br />
so did our society. Fast forward to 1900’s,<br />
when the computer revolution happened,<br />
people again feared of losing their jobs<br />
because of the ease of computational work<br />
a computer could do. What happened then<br />
was we saw a whole new world of<br />
opportunities where everyone contributed<br />
as per his/her capabilities and thus we see<br />
a connected world today. Again<br />
businesses, using this shift, helped to<br />
better our society.<br />
Advancement in AI (Artificial Intelligence),<br />
in the present world, has got the similar<br />
properties what the industrial revolution<br />
and computer revolution had back then.<br />
People have already made a notion that<br />
their jobs are under threat due to AI. While<br />
it may take some jobs away, it also opens<br />
up the possibility for completely new jobs<br />
that have not existed prior. Certainly AI<br />
has benefited businesses around the<br />
world; cutting their costs, driving innovation<br />
in the services and so, in every field they<br />
introduce AI.<br />
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