Artificial intelligence can appear intimidating however many businesses agree AI is a very important part of being competitive in the industry today. Most do not understand what AI or exactly what it is capable of. Something to consider is that every time you use your Siri function on your iPhone; you are using AI. Because many are not aware of AI, business owners tend to shy away from it.
Artificial intelligence is here to stay with no signs of going anywhere anytime soon! AI has tremendous potential to increase overall production and effectiveness.
Think of AI as a helpful personal "Siri" who is ready to serve you and/or your business.
Below are some ways your business can really take advantage of all the benefits of AI!
Let AI take care of all if not the majority of your scheduling. AI can not only find the free time on your calendar but can also schedule your busy days, freeing up your time spent with email and what not. This type of feature is perfect for those that hate the tedious task of scheduling meetings but do not want to hire a personal assistant! This way it is nearly impossible for a machine to forget your appointments and is much more cost efficient!
You can also use AI to outsource boring and/or repetitive duties. Think of certain jobs like using a robot (spider crawler) to scan the internet to find certain data search queries. No more having to spend hours looking for interesting or competitive things. AI can save you hours with this feature and replace an entire team of 100 humans!
AI can be used for data entry and classification (Quickbooks, etc.). Accounting firms seem to really grasp this type of work function. It saves time and is extremely helpful when it comes everyone's taxes. AI is on average %50 less than using a CPA or even a team of CPA's!
AI can be manage simple to low-priority jobs through automation processes as far as sending emails, answering questions, etc. This type of system uses "chatbots" with natural language capabilities to handle customer requests directly or route the customer to a human representative if/when necessary. It is not just banks switching to this style, most all ecommerce stores are utilizing this as well.
Artificial intelligence can optimize energy consumption and save you a very large amount of money! For example, Google has taken the initiative to implement AI into its data centers. The results are incredible as the company has seen a 15% reduction in overall power use! At first glance, this sounds like a minuscule ordeal, however, when added up this 15% savings equals to the amount of hundreds of millions of dollars!
With these few examples, hopefully you can see the practical applications that AI has for any business. You may not be at the needs of Google quite yet, but nevertheless; you will definitely benefit from the everyday help of Artificial intelligence!