Technology has greatly changed the way people conduct business nowadays. Tasks and activities are now dominated by technological advancements such as machine learning, robotics, and artificial intelligence (AI). With so many technologies sprouting up like mushrooms at a fast pace, how do people keep up and succeed in this seemingly futuristic AI-driven business world?
AI’s Role in Business
Artificial intelligence (AI) is undoubtedly one of the most widely used technologies in most business industries worldwide. AI plays several important roles in the future of work, including the following:
- It boosts productivity by enhancing work performance and speed.
- It lessens the chances of getting errors at work.
- It enables humans to accomplish tasks that are far beyond natural capabilities, such as data-driven insights, suggestions, and trend predictions.
These roles of AI in businesses hold true for any kind of industry. For instance, AI can uniformly benefit those working in the healthcare sector as well as those engaged in product manufacturing.
AI mainly works to enhance productivity and reduce human errors. And these benefits translate into boosted economic values for particular sectors. This rings true, especially for the “gross value added” metric which is actually similar to the national GDP, only that it represents values of goods and services created by a particular business sector.
Skills Needed for Success in an AI-Driven World
While AI can significantly benefit economies and businesses in financial and manpower areas, the technology can also lead to various transitions in their human workforce. AI greatly changes the jobs and skill sets needed by humans to get into the modern workforce. This sophisticated technology literally changed the way people work nowadays.
As such, expertise in the following skill sets are needed to complement the work that AI does for businesses:
- Software development
- Data analysis
- Data science
Now, here are the qualities that modern employees must exhibit in order to thrive in work environments where AI is at front and center:
- A quick mind that can easily adapt and acquire completely new skills
- The knowledge and willingness to collaborate with machines working alongside them inside a workplace
- Flexibility to move to other growing or new occupations and the guts to leave declining or now-irrelevant positions behind
The changing landscape of AI-driven business doesn’t make humans irrelevant to the workplace. Robots aren’t going to take over the world just like that. Instead, humans are even more relevant nowadays thanks to evolving technology and the need to navigate through them correctly in order to yield the best results for a business and an industry as a whole.
AI is here to stay in business. There’s no doubt that they benefit industries and businesses financially. But with the quick shift to AI-driven workplaces, humans need to keep up in order to use this exciting technology to their advantage. Creativity, flexibility, and emotional intelligence are all useful skills that modern-day employees must have in order to work harmoniously alongside AI.