“Artificial Intelligence” has become a common term to enter our ears almost every day and it is due to its high use in our daily life. Over the last decade, technology has evolved more than expected and the use of AI technology has really transformed the entire business world on a large scale.
Many organizations have been making use of AI technology to gather data to carry out their operations effectively. Agaoglu Concept CEO, Onur Agaoglu has shared that the key developments in the AI technology have played a crucial role in helping organizations gather crucial data with ease.
The successful entrepreneur and investor, has highlighted that the Big Data revolution has really improved the research sector to process and analyze data in the best possible way. The research work in AI is divided into two parts, namely “applied AI” and “generalized AI”.
In the former, the simulation of human thought is carried out to do a given task and the latter involves the development of machine intelligence to help a machine perform a given task like a person. AI has managed to evolve over time by making use of the available data.
In today’s time, a whole lot of data is available on social media to help a computer easily adapt to understand different situations and to make better decisions. AI developments will have a major effect on the business world and the use of robots as well as chatbots will become a common thing in the future.
Many people fear that it will lead to a huge job loss for people. On this subject, Onur Agaoglu has reflected that it will not the case but there will be reforms in the job structure in the business world. The focus will majorly be on innovation and it will alter the job profiles to a great extent.