5 Theses Why 2023 Will Become a Year of Artificial Intelligence

1. AI is not a dream of the future, but is the present

AI is no longer limited to a few special cases, but is used everywhere in business: whether in production, human resources, customer service or when controlling the supply chain. In daily life, too, more and more devices and processes are controlled by embedded AI without the user even noticing. In the enterprise environment, AI and the Internet of Things (IoT) are cooperating ever more closely. For example, thanks to AI, data generated by one machine can be used meaningfully across all sections of the value-added chain.

2. Large and small companies can use AI – without needing to be experts themselves

Artificial Intelligence is not reserved only for large enterprise groups with broad technological expertise. Today, mid-sized companies can also rely on complex AI applications without having to develop these themselves. This is possible by using Software as a Service (SaaS) and Low Code solutions, which are now available in a variety of versions and can be easily integrated as modules using interfaces. Instead of individually developed custom software, a standard application is used here, which is adapted to the company’s purpose. Smaller companies furthermore benefit from the development that valuable insights can also be generated from small quantities of data or from a tangle of different data sources and types.

3. Only AI can handle the path to sustainable management

Sustainability is one of the main topics for business. The pressure to act sustainably is increasing from customers, investors or employees. Political powers also force companies to keep an ever closer eye on their flows of data, raw materials and goods. So as not to drown in “information overload”, companies must rely on intelligent machine support. Thus, for example, using AI, supply chains are optimized and checked, recycling processes are planned already during the product design phase and more efficient freight transport routes are set up. In brief: AI is indispensable for the path towards sustainability.

4. AI is turning from a supposed competitor into a welcome colleague

New technologies almost always are rejected at first. In many companies, staff is following the introduction of AI with skepticism. The fear of losing importance and jobs is too great. But the point is not to replace human work. Instead, AI supports the process of improving human abilities and skills. AI relieves employees from routine tasks and makes room for creative activities. Thus, employees will benefit from AI and find their work to be more fulfilling. Plus, the technology helps companies to ameliorate their shortage of specialists to some extent.

5. AI will be tamed, but not regulated so much as to break

AI is a very powerful technology. It offers variegated options that, in extreme cases, can go as far as mass surveillance or manipulation. Therefore, effective and transparent regulation is needed to prevent abuse and to reduce fear of contact. For example, with the AI Act, the EU plans to set clear limits on questionable AI applications this year. That this law could cause the technology to be thwarted or curtailed too much, is less likely. The benefit of its ethically responsible use is too great.

Find out here how your company can also use big data profitably with the help of artificial intelligence.