Is Artificial Intelligence Powerful Enough to Revolutionize Industries?

Last updated: March 30, 2024 Reading time: 4 minutes
Artificial Intelligence Powerful

There is an immense noise about artificial intelligence while several news about the impacts of Al has encompassed the entire internet. In 2017, PricewaterhouseCoopers reported that 72% of executives believe that AI will become a business advantage in the future.

However, most organizations are unaware of how to utilize AI intelligently with the assistance of human effort. Some challenges prevent companies from fruitful gains and maximum benefits through AI.

  • Artificial intelligence’s reported advantages and benefits are extensively exaggerated, eventually giving an unrealistic image.
  • Most companies think of achieving high targets via AI instead of going for numerous small wins with the assistance of AI.
  • The initiation of Machine Learning technologies and Artificial intelligence isn’t mature. Due to the investment in these, there is an indirect impact on hiring costs. However, machine learning is time-consuming, complicated, and uncertain.

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