Artificial Intelligence, the current generation buzzword, has already started to rule our mind. While a lot of concerns arise from the insecurity of layoffs and job losses for some percentage of people, a few people tend to see AI indeed positive. Now let us explore the positives outcomes that AI has in store for us.
1. Better accuracy - Human beings tend to make mistakes, and as these errors accumulate, it tends to cause a lot of discrepancies in the final output. Machines are capable of handling huge bulks of data processing and with zero errors and with better accuracy and precision.
2. Tasks that are hazardous to human beings can bezy done by AI. Artificial intelligence can be deployed in conditions that are hostile for human beings for example, tasks that are based out of a hostile atmosphere can be supervised and done by AI. For example, mining, digging and in petroleum-related jobs can be done efficiently by AI.
3. You can deploy AI at jobs that are time-consuming, recurring and tedious, so that you can allocate the workforce to other crucial roles that require a lot of thinking and decision-making capabilities.
4. For detection of errors and fraudulent cases - Machines can be programmed to detect errors and patterns of fraudulent user behavior. And this helps in saving a lot of time and is effective in the long term.
5. Logical decision-making capability - One of the main disadvantages of human beings is that they are tend to get ruled by emotions. However as this component is absent in machines, they are programmed to make decisions rationally, based on algorithms and the most important facts. When human beings make decisions, the same decisions have a lot of influence on the respective person’s mindset, mood, and feelings.
6. More efficient and less fatigue - When people do their work, they would need breaks to stay refreshed. But machines don’t have these shortcomings. They don’t need to take breaks and there is no issue of fatigue if machines are made to work for long hours. It confirms better productivity and outcomes.
7. Helps in cutting costs for firms - Even though the scenario becomes competitive with artificial intelligence taking jobs that are recurring, firms get to cut down on unnecessary hiring and redundant costs. They only need to hire people to do tasks that require human supervision.
8. Create roles for maintenance and repair - Machines would require a lot of maintenance and repair. These would create quite a lot of job opportunities. A lot of programming and system maintenance roles would be created within the system.
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