Technology & Innovation

Unleashing the Power of AI to Enhance Productivity

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08 Sep 2023

In a world first, a group of nine humanoids answered questions from journalists at a press conference for “AI for Good” that the UN organised in July in Geneva. The robots assured they were not out to steal jobs from humans but rather to help solve global problems with the shortage of skilled workers, as well as diseases, productivity, and other issues.

 

Grace, a medical humanoid dressed as a nurse, said, "I will be working alongside humans to provide assistance and support and will not be replacing any existing jobs.”

 

The humanoids are powered by the latest generative artificial intelligence (AI). They give us a glimpse of a futuristic world where people and more machines and robots powered by AI will work together.

 

Goldman Sachs Research says that breakthroughs in AI could cause sweeping changes in the global economy. These changes could boost global GDP by seven per cent (or almost $7 trillion) and lift productivity growth by 1.5 percentage points over a 10-year period.

 

New wave of AI

They did caution, though, that a new wave of AI systems could also have a major impact on job markets all over the world. Changes in workflows caused by these improvements could put 300 million full-time jobs at risk of being automated.

 

But on the other hand, changes also bring about new opportunities. Software engineers, web designers, computer programmers, and digital marketers are just some of the new jobs that were made possible by the digital world.

Enhanced productivity

As of right now, research and studies show that AI is an essential tool for making work more productive. Offices, hospitals, healthcare facilities, schools, malls, stores, airlines, logistics, or factory assembly lines are all places where people work.

 

Automating tasks saves money and time, and frees up employees to do other, more important jobs. AI-powered productivity tools could change businesses and give people more power by automating repetitive tasks, giving data-driven insights, and letting people make smart decisions.

 

Here are some ways that using AI to improve productivity can help businesses of all sizes:

 

Automating Repetitive Tasks

Using AI-powered tools and software to automate repetitive and time-consuming tasks will give employees more time to work on more strategic and creative projects. From entering data and making reports to managing emails and making schedules, AI takes over tasks that used to be done by hand. This makes processes more efficient and increases overall productivity.

Intelligent Data Analysis

AI can use the power of machine learning and data analytics to analyse complex data sets and give useful insights. It can also process large amounts of data quickly and correctly. This lets businesses make informed decisions, identify trends, and optimise operations, all of which lead to more productivity and efficiency.

 

Personalised Assistance

Chatbots, voice assistants, smart devices, and virtual assistants provide personalised help to users and consumers. These AI-driven assistants can answer questions, perform tasks, and make suggestions, saving people time and effort and making them more productive. They can also learn from how users interact with them to continually improve their performance.

 

Enhanced Communication and Collaboration

Communication tools that are driven by AI make it easier for people to work together and get more done, whether they are working remotely or in an office. With features like real-time language translation, intelligent chatbots, and virtual meeting assistants, AI makes it easier to communicate and work together across teams and geographies.

 

Intelligent Decision-Making

AI algorithms can process and analyse vast amounts of data, which helps businesses make choices that are based on the data. Predictive analytics, forecasting models, and recommendation systems that are driven by AI give useful information and help make strategic decisions. By using AI, companies can improve their processes, make the best use of their resources, and make decisions that boost productivity.

 

Workflow Optimisation

Business processes can be streamlined and improved with the help of AI-powered workflow management tools. AI algorithms can identify bottlenecks, suggest ways to improve processes, and automate workflows by looking at past data and trends. This optimisation eliminates inefficiencies, reduces errors, and enhances overall productivity.

 

Continuous Learning and Skill Development

AI-powered platforms can help employees keep learning and improve their skills. Intelligent learning management systems can personalise training programs, recommend relevant courses, and keep track of progress. This enables employees to learn new skills and stay updated, which increases their productivity and contributes to organisational growth.

 

Enhanced Customer Experience

AI-powered tools, such as chatbots and recommendation engines, can enhance the customer experience by providing personalised and efficient service. By automating customer interactions, businesses can respond to inquiries quickly, resolve issues promptly, and deliver tailored recommendations. This improves customer satisfaction, loyalty, and overall business productivity.

 

Maximising potential

You can always depend on the UAE’s advanced technologies and robust telecommunications infrastructure to make the most of AI-powered tools and software to enhance productivity

 

Remember, businesses grow better with technology.