How Artificial Intelligence is Reshaping the World?
Artificial Intelligence (AI) has not replaced the need for human assistance. At least, not yet. However, technology is progressing at an unprecedented rate, affecting our daily routine, how we shop, work, and educate ourselves. From self-driving cars to monitoring patients' health conditions and exploring new drug discoveries within the healthcare sector, there are many instances in which artificial intelligence is being used in our everyday lives.
The reality is that most of this technology is no longer a component of the future, it is already here. Despite this accelerating innovation, a large portion of society is unfamiliar with the concepts and advancements in AI technology. A study conducted on over 67,000 people concluded that only 10% thoroughly understood the topic while approximately 40% had little to no knowledge pertaining to AI development.
The unprecedented growth within the industry is truly amazing, and we must learn to adapt to the artificial intelligence revolution to remain relevant and competitive in the global market.
Companies all around the world are reinventing their business models and creating procedural changes to benefit from the transformational value of an AI-based system. Through the use of AI data sets and models, companies can think bigger and expand operations while increasing efficiency through machine learning, pattern and voice recognition software, and much more.
As a whole, Canada has become a global hub for new technology, employing approximately 1.66 million workers and supporting about 70,189 tech business establishments. Needless to say, adapting an artificial intelligence system is essential to leverage your business to a larger scale and to encapsulate an increased degree of operating efficiencies.