Artificial intelligence and the economy of the 21st century

Artificial intelligence is a driving business force in this rapidly changing 21st century. AI is no longer an unlikely futuristic vision, but a stark reality that is disrupting companies around the world. In the 21st century, companies are being forced to rethink traditional market practices and become more service-centric to stay relevant. Organizations like Uber and Air are perfect examples of 21st century companies. The application to demand, always to technology that promotes agility, simplicity, flexibility and lean operators with customer experience at the core of their actions enabled new dawns from large or small organizations to exploit the benefits of artificial intelligence (A1) to succeed in the 21st century. Companies are gradually embracing A1, and it is increasingly affecting every aspect of the business, especially consumer technology.

According to IDC, the worldwide market for cognitive systems, content analysis and discovery software is expected to accelerate through 2020. As a result, there is speculation about AI’s growing role and whether it could adversely affect the job market. The purpose of automation is not to replace humans or dehumanization, but to improve and enhance human functions for improved productivity and efficiency.

The main important advantages of artificial intelligence are listed as follows:

1.Agility from Orchestration: By harnessing the power of service integration and Developes, you can create a smooth and experience-oriented business with programmable infrastructure, application releases and directory-based services.

2. Simplicity from autonomy: artificial and predictable analysis provides self-healing, self-service and proactive support, while minimizing waste and establishing resilience. This will simplify the company’s system work and enable the on-site workforce to handle higher level tasks.

3. Being lean through automation: Automating repetitive tasks will result in waste reduction, workforce optimization and efficiency point and improvements.

Despite the aforementioned disadvantages of AI, it will take several decades for AI to actually replace human intelligence. The horror scenarios of AI entities taking over the planet and killing the human race are still part of science fiction. Although several futurologists predict the possibility of transferring the human mind to a robot of a robot to seek immortality in 2050.

The combination of AI and nanotechnology will also make technological breakthroughs in medicine, energy and production systems. The combination of AI and nanotechnology used in solar panels will cause the price of renewable energy to fall dramatically from 2025.

The question that haunts many is related to the horror scenarios in which killer AI robots start chasing humans to be killed. These scenarios have been made popular by Hollywood big films like Terminator. Although AI will be beneficial to the human race, it needs to be controlled. Without proper control mechanisms and protocols, AI robots could possibly become hostile, although this is a very unlikely scenario. According to Michio Kaku, AI robots will really be beneficial to the human race. In the long run, however, AI robots need to be controlled by various built-in mechanisms to prevent them from becoming too independent and autonomous to become hostile to humans as a real possible future scenario.