This is how the operation of companies can be transformed due to AI

By: Trademagazin Date: 2024. 07. 26. 11:01

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The rapid development of artificial intelligence (AI) is fundamentally changing workplaces and the economy worldwide. AI not only plays a prominent role in smoothing recruitment processes, but also in identifying market niches. Below, Portfolio has gathered how AI is impacting the world of work and how it could impact pay.

The world’s leading companies already use AI on a daily basis. For example, Google’s search engine relies heavily on AI to rank search results, while Tesla’s self-driving technology also uses AI to control vehicles. Amazon and Netflix also use AI-based systems for personalized recommendations, while IBM’s Watson helps doctors diagnose diseases. Facebook’s (Meta) news wall is personalized by AI, and images and videos are tagged using machine vision.

AI can help in the workplace in many ways, increasing efficiency and improving decision-making. AI-based systems can automate repetitive tasks such as data entry, customer service interactions, and inventory management, allowing workers to focus on more creative and higher value-added tasks.

AI enables companies to provide personalized customer service experiences and make more accurate market forecasts. In the industrial sector, AI can predict machine maintenance needs, minimizing downtime and reducing maintenance costs. In recruitment processes, AI can help filter resumes and evaluate candidates.