Artificial Intelligence and Machine Learning have become some of the key trends of the 20th century. During its infant stage in a real-life scenario, several Hollywood movies depicted the advantages of AI technology in its fullest capacity. Some of the movies such as Back to the Future trilogy, Terminator, Lucy, Mission Impossible showed a few ideas and examples of AI applications we use today such as speech recognition, robotics, etc.
Notably, AI has been introduced in all sectors of the economy. By 2030, it has been predicted that the AI market will contribute as much as $15.7 trillion to the world economy. Artificial intelligence holds the potential to contribute massively to the economy.
As it’s clear that AI is already the biggest game-changer, let’s have a look at why you should learn AI:
Versatility: AI is not limited only to IT or research related industries. It can directly benefit even the common man when it is utilized in industries like healthcare, automobiles, banking, etc. It can be utilized in any industry and can bring out more productivity.
Skill Set for the modern era: The rate at which AI is being used in various industries, it is a fact that AI has the potential to replace a lot of jobs that humans do. Also, it will create different job opportunities in related fields. Thus, everyone must have some amount of knowledge in AI.
Career opportunities: The development of AI is done in two fields. Programming and Engineering. When both the fields work together and coordinate it can develop various AI-enabled products such as speech technologies, handy weather reports, etc. Since AI is only at its early stage pursuing a career in this field promises a lot of opportunities and growth. It has been predicted that AI will replace 40% of blue-collar as well as white-collar jobs. Companies like Nokia, Amazon, Google are recruiting AI talents, and many startups will have a flourishing business in the future.
Data management: We generate a lot of data in a single day. To handle over-pouring data being generated we need the assistance of AI and AI-enabled systems. If we have to speak about the example of data management, the information about AADHAR cards of Indian citizens makes a fine one. Also, the post we share on our social media is one of the best examples of big data, and with the help of AI-enabled programs, we can analyse the trends going on and act as per it.
Accurate predictions and forecasting: With the help of AI, we can predict various future events. It can range from various types of forecast be it stock market, weather, disaster, or even a terrorist attack. In recent times, AI has shown that it could be a big help when it comes to disaster management. For example, whenever Tamil Nadu faces torrential rains and cyclones victims can send in their locations and distress calls through their phones or social media apps.
Benefitting society: AI is used not only in health care and service sectors but also in farming as well. With increasing competition for natural resources, farmers are facing a new challenge. There are software and apps such as Farm logs that gives them information about weather, fields, and soil. It also helps in detecting irregular plant growth. Thus, it helps in achieving better profits and better yield.
We have seen above are some of the facts that why can’t ignore AI has become an integral part of our lives. So it is necessary to know about technology and how we can use it to benefit us.
