Images, videos, articles, ads or even source code? What can AI actually do? Artificial intelligence has undergone a huge evolution since its inception and has become an integral part of our everyday lives. At Algotech, we are not lagging behind either, we have recently created a new department that specialises in it. See how AI contributes to the efficiency of work processes and how you can start using its potential in your company.
The concept of artificial intelligence (AI) originated in 1956 in the US city of Hanover, developing with the rise of computing power and data storage and processing technologies. Artificial intelligence is understood as the ability of machines to mimic human skills and simulate human intelligence.
Today, most people think of artificial intelligence as a chatbot or an image generator, for example. These are nice toys, but how can they be used in business? Having your own chatbot and generating images is not a good fit for many companies.
Artificial intelligence can do so much more - it can mimic human abilities such as reasoning, planning, learning, and making decisions based on data:
With the rapid developments in artificial intelligence, the possibilities are almost limitless and represent huge potential for innovation, improving all aspects of human activity, streamlining workflows, automating repetitive tasks and optimizing decision-making processes.
AI operates on the basis of algorithms and data processing methods that enable it to recognise patterns, perform analysis and draw conclusions from the information provided. Key techniques in AI are machine learning, statistical methods, long training, and more. These techniques allow AI to learn from vast amounts of data before going live.
Artificial intelligence tries to mimic human behavior and think like a human. An AI-enabled system analyzes existing data and makes predictions and executes actions based on the patterns it finds. By learning from its own mistakes, AI systems gradually increase their accuracy.
When you ask them a question, they use their learned knowledge of language, analysis, and the context you provided in the query to answer. When answering, they anticipate the most likely words to create a meaningful response. However, they may make mistakes or make things up. Don't be nasty to them though, if they get something wrong, calmly explain it to them. Because by interacting with us they are still learning and getting better and better because of it.
The use of artificial intelligence in business is no longer a question of the future, but of the present. Whether it's improving customer service through advanced chatbots, automating administrative tasks, analysing large data sets or developing entirely new products and services, the possibilities are virtually limitless.
Properly configured, AI can summarize documents, sort them, format them, fill in and extract data from them, and countless other things. As long as the work can be described verbally (and sometimes figuratively), AI can do it, at least in theory. In some ways it's better, in some ways it's worse, and maybe even unusable. So how do we select the activities that are appropriate to delegate to AI in the first place?
AI has a wide range of applications in different fields and industries. Getting started with AI can be a challenge, but the benefits it brings are unquestionable. It's time to stop asking, "What if?", and start asking, "How?".
Here are some essential tasks you can delegate to AI:
Some activities even overlap quite naturally; for example, people can make mistakes because they're not keeping up or are bored with their work. Does this list remind you of any part of your job?
Tip: Did you know that using AI in call centres can increase customer satisfaction by up to 61%?
Salesforce's 2023 survey showed that generative AI will save employees up to five hours of work per week and revealed that the main goal of AI will be to achieve full automation of workflows in companies. This paves the way for more efficient use of human resources and the automation of routine activities (such as order processing).
The future with AI may be full of uncertainty, but one thing is certain - companies that can harness the potential of AI will better understand the ever-changing digital world and maintain their competitive position in the market.
Would you like to find out how AI can transform your business? Feel free to contact us for a consultation at ai@algotech.cz. We're here to help you discover and harness the potential of AI in your business.
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