7 Ways AI Boosts Productivity
Some people love it, others hate it. While not everybody has gotten used to AI and its ever-growing hold on our current society, it can’t be argued that AI provides us with a ton of useful services that come with all sorts of benefits. Using AI to boost company and worker productivity, for instance, is a terrific way to get more done and keep morale high. From decreasing the demand for human performance when it comes to boring, time-consuming tasks to helping creativity flow, AI can be a great tool to keep in the toolbelt. Don’t believe us? Well, here’s 7 ways that AI boosts productivity:
1. Virtual assistants
AI can be great for use as virtual assistants. Voice-activated AI—Alexa and Siri, for example—as well as chatbots can help boost productivity by performing a ton of different tasks. From scheduling appointments to answering various questions, virtual assistants are incredibly useful for saving time and energy.
2. Content creation and inspiration
AI can save time by generating content such as summaries, articles, and reports for content creators and journalists. This generated content can then be used as a base and modified, therefore serving as both inspiration and a time-saver.
3. Customer service
A branch off of our ‘virtual assistants’ point, AI chatbots can be a great tool for performing customer service tasks and handling inquiries 24/7. By providing instant responses and taking a load off of human customer service agents, AI chatbots can help to improve customer satisfaction and allow companies to be more productive.
4. Fraud detection
By detecting fraudulent activities through transaction data analyzation, AI can prevent financial losses for institutions and e-commerce platforms. Not only does this boost productivity, but it greatly aids in the reduction of potentially devastating losses.
5. Personalized recommendations
Tailoring suggestions to individual preferences, AI can suggest services, content, or products. This tactic is commonly employed in marketing campaigns, on streaming platforms such as Netflix, and in the e-commerce industry. With AI, increasing customer satisfaction, engagement, and entertainment has never been easier.
6. Data analysis and insights
As humans, we struggle with analyzing and identifying large datasets manually. Enter AI algorithms, which can analyze big datasets to pick out trends and valuable insights. In the fields of marketing, finance, and healthcare, this analysis is incredibly important.
7. Automation
Time-consuming tasks—document processing and data entry, for instance—are exactly as they sound: annoying, plus they take up large chunks of our days. AI, however, can automate some of these bothersome tasks to allow humans to focus on the strategic and creative components of their jobs.