Artificial Intelligence (AI) and Machine Learning (ML) are continuing to extend to virtually every new technology embedded service, product, or application. In today’s business world, being able to anticipate the future of AI and ML trends can help leaders transform their current operations, adapt their processes and reach long-term goals. Defining AI and ML AI has been developed to include any technique that enables computers to mimic human behavior. ML is a subset of AI that incorporates statistical methods to enable machines to improve themselves through experience. ML powers intelligence systems through deep learning tools that compute multiple layers of rules, data and networks. For decades, AI was a prediction that was initially associated with robots. Today, AI and ML are incorporated in almost everything we use, commonly denoted as “smart technology.” Intelligent systems are becoming significant aids in comfort, communication, and time-saving applications. In recent years, AI and ML have transformed most industry sectors, including retail, manufacturing, finance, and healthcare. Companies that adopt these technologies can expect a faster evaluation of context and data, improved efficiency and expansive growth in their markets. Future Benefits of AI and ML in Business Processes AI and ML-powered systems have improved the way…
