Prince Sultan University Rise of Artificial Intelligence and Future of Work Discussion hello professor henry you did me a research paper before and now i
Prince Sultan University Rise of Artificial Intelligence and Future of Work Discussion hello professor henry
you did me a research paper before and now i want to continue the rest of the parts with you
part 1-1.4 you already did it so it’s done
i just need you to do from part 2 -5.3
use the case study that i upload it to write part 2-5
the whole report 2500 words maximum
no plagiarism
thank you Running head: ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
The Rise of Artificial Intelligence, and the Future of Work
Name
Institution
1
ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
2
The Rise of Artificial Intelligence, and the Future of Work
Introduction
Over recent years, technology has changed dynamically giving rise to artificial
intelligence. Artificial intelligence is a process in which machines try to simulate human
intelligence. In this case, the machines can learn, reason and conduct self-correction. This
advancement in technology has given rise to expert systems, machine vision and the ability to
recognise speeches. In other words, it is scenario in which software can mimic cognitive
functions. Most organisations are now shifting to artificial intelligence. According to the
PricewaterhouseCoopers report, businesses will face a tremendous rise in their income, that is
over $15.7 trillion impacts by 2030 because of artificial intelligence (Schoettle, 2019). This shift
involves the use of smart tools to add value to their organisations including acquiring the
necessary information from the companies’ customer management systems which can help the
company to make informed decisions and understand the customer trends. AI will help the
employees in organisations to reduce the work on memorising details and focus on productivity
(Smilansky, 2019). Generally, artificial intelligence is there to stay, and it is already shaping how
businesses are conducted. This paper discusses the trends, examples, demands of artificial
intelligence and the development of technology companies supporting artificial intelligence.
Trends in Artificial Intelligence
AI is improving every year, leading to new trends. Firstly, machine learning is one of the
aspects that AI has brought. It allows computer systems to learn and improve its knowledge
gained from experience which then can be used to perform complex calculations and functions
(Internet Society, 2017). This process is known as deep learning, and most companies are using
ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
3
this approach to improve their systems which then provides a platform to improve performance,
accuracy and identification of risks.
Secondly, facial recognition is picking up and gaining great momentum. This technology
creates digital patterns which then helps in the identification of human image. Mobile phones are
using this concept to enhance security. Also, some of the sectors such as the healthcare industries
are making use of this technology to reduce the time spent on consultations (Wirtz et al., 2018).
Artificial intelligence chips, as well, is becoming a popular trend which is currently being
used to improve CPU performance. An average CPU is incapable of supporting AI models, and
this has led to development of AI chips which can be separately incorporated to these CPUs to
enable them mimic human functions (Finley, 2019).
Cloud computing is becoming a trend that most organisations is opting to reduce the cost
of buying IT infrastructure. Cloud vendors such as AWS, Alibaba, Google, IBM, Microsoft
Azure and Oracle have observed have seen their client’ base increase. It is because of the
incorporation of AI.
Definitions and Examples of Artificial Intelligence for Business
Robotics is changing the shape of businesses. They are being used to conduct tasks that
usually challenge human beings or to achieve consistency. Examples include organisations such
as car assembly lines, food preparation in hotels and healthcare industries. AI is powering a lot of
robots in the industry, for example, the UC Berkely’s BRETT and the MIT dog.
The rise of autonomous vehicles is changing the transport sector. Most of the companies in this
sector are investing in artificial intelligence which has led to the development of vehicles, trains,
drones, ships and submarines that have artificial intelligence incorporated in them
(RoboticsTomorrow, 2019).
ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
4
Machine vision is another example in which machines have the capabilities to capture
and analyse visual data with the help of a camera, digital signal or the analogue to signal to
process. It behaves like the human eyesight which is often attained through machine learning
thus providing efficiency in the business sector.
Machine learning (ML) is a technique in which goals are set, and the steps to attain the
objective are defined, and the machine learns through self-training and experience. This aspect is
achievable through AI and has helped them improve especially in customer lifetime value
prediction, predictive maintenance, elimination of manual data entry, detection of spams, product
recommendations and financial analysis (lynch, 2018).
Global Demands for Artificial Intelligence
The demand for artificial intelligence is rising tremendously. The revenue from AI is
expected to rise to 118.6 billion dollars by 2015. This technology comprising the powerfullyblend technologies to create intelligent software and hardware capable of performing tasks that a
human being can perform is higher demand throughout the globe (Castellano, 2019). More so, it
has helped to integrate supply chain data, thus improving the anticipatory production. This
benefit has benefited organisations in the delivery of products to its clients.
Among the global regions, North America has the largest AI market share. It is because
of the advancement in the analytical tools, natural language processing technologies and machine
learning. Also, it can be attributed to the greater awareness that has made organisations create a
competitive environment to gain the benefits of AI (toppr, 2019). The Asia Pacific is also
growing; for instance, the Chinese government has invested heavily to support AI which has led
to merging with Baidu. Inc which is aimed at changing the agricultural sector, logistics
manufacturing and defence.
ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
5
The key players of AI are the IBM and Microsoft Corporation. Since these organisations
have their products distributed globally, they have invested in technologies that are changing the
lives of individuals and how businesses are conducted. For instance, Microsoft Windows, as an
operating, has features of machine learning. The use of virtual assistants in organisations is on
the rise which will significantly boost artificial intelligence.
Development of Tech Companies Globally
Technology companies are increasing globally. Apple is a leading company which
heavily relies on artificial intelligence. Currently, it has a market value of $1.16 trillion. Samsung
has a significant market share which specialises in consumer electronics, mobile communications
and information technology. Most of their products and services are propelled by artificial
intelligence.
Microsoft is also changing the technology industry. With a market value of $1.10 trillion
which has focused on artificial intelligence to remain competitive in an environment that is
improving daily (Statistica, 2019). The approach of AI has enabled it to compete with other
organisations such Apple.
Oracle is a company based in California, and it focuses on computer hardware and
software. Oracle has built powerful AI cloud applications that are changing the face of
businesses globally. This shift is characterised by its autonomous databases and the incorporation
of machine learning to automatically secure, conduct backups and the optimisation database
query performance.
ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
6
References
Castellano, S. (2019). Artificial Intelligence, Genuine Learning. Retrieved 16 November 2019,
from https://www.td.org/magazines/td-magazine/artificial-intelligence-genuine-learning
Finley, T. (2019). The Democratization of Artificial Intelligence: One Library’s
Approach. Information Technology and Libraries, 38(1), 8-13. doi: 10.6017/ital.
v38i1.10974
Future of Life Institute. (2019). Benefits & Risks of Artificial Intelligence – Future of Life
Institute. Retrieved 16 November 2019, from
Internet Society. (2017). Artificial Intelligence & Machine Learning: Policy Paper | Internet
Society. Retrieved 16 November 2019, from
https://www.internetsociety.org/resources/doc/2017/artificial-intelligence-and-machinelearning-policypaper/?gclid=EAIaIQobChMI16qigNni5QIViIxRCh0uWgPUEAAYASAAEgJGgvD_B
wE
Lynch, M. (2018). 7 Ways That Artificial Intelligence Helps Students Learn – The Edvocate.
Retrieved 16 November 2019, from https://www.theedadvocate.org/7-ways-thatartificial-intelligence-helps-students-learn/
RoboticsTomorrow. (2019). Top Article for 2018 – How Artificial Intelligence and Robotics Can
Create More Employment Opportunities | RoboticsTomorrow. Retrieved 16 November
2019, from https://www.roboticstomorrow.com/article/2018/09/top-article-for-2018-howartificial-intelligence-and-robotics-can-create-more-employment-opportunities/12474
ARTIFICIAL INTELLIGENCE, AND THE FUTURE OF WORK
7
Schoettle, A. (2019). 2019 Innovation Issue: Artificial intelligence is no longer science fiction Indianapolis Business Journal. Retrieved 16 November 2019, from
https://www.ibj.com/articles/73967-innovation-issue-artificial-intelligence-is-no-longerscience-fiction
Smilansky, O. (2019). The Real Benefits of Artificial Intelligence. Retrieved 16 November 2019,
from https://www.destinationcrm.com/Articles/Editorial/Magazine-Features/The-RealBenefits-of-Artificial-Intelligence-121403.aspx
Statistica. (2019). Global AI software market size 2018-2025 | Statista. Retrieved 16 November
2019, from https://www.statista.com/statistics/607716/worldwide-artificial-intelligencemarket-revenues/
toppr. (2019). Retrieved 16 November 2019, from
https://www.toppr.com/guides/essays/artificial-intelligence-essay/
Wirtz, J., Patterson, P., Kunz, W., Gruber, T., Lu, V., Paluch, S., & Martins, A. (2018). Brave
new world: service robots in the frontline. Journal of Service Management, 29(5), 907931. doi: 10.1108/josm-04-2018-0119
Course Title (course code)
Evie.ai: The rise of Artificial Intelligence, and the Future of Work
Student’s Name (student number)
1. Overview
1.1
Trends of AI
1.2
Definitions and Examples of AI for Business
1.3
Global demands for AI
1.4
Development of Tech Companies Globally
2.
The Context (Evie.ai)
3.
Business Problem
4.
Problem Analysis and Challenges for Evie.ai
5.
Conclusion
5.1
Summary of Future Work Design and Jobs
5.2
Ethical use of AI
5.3
The Future of Evie.ai
(you already did part 1-1.4 so no need to do it again , but I need you to use the case study
“EVIE.AI: THE RISE OF ARTIFCIAL INTELLIGENCE, AND THE FUTURE
WORK”to do part 2 -5)
The report should be maximum 2500 words (from part 1 – 5.3)
Countinue on the previous document (attached word file)
2
Programme Title
Course Title
Course Code
Assignment Title
Instructor
Due Date
Assignment Format
Assignment Length
Submission Format
Bachelor of Science (Marketing), Bachelor of Science (Accounting),
Bachelor of Science (Finance)
Management Information Systems
BUS 373
Evie.ai: The rise of artificial intelligence, and the future of work
(individual submission)
Associate Professor Dr. Norshidah Mohamed
Milestone: November 14, 2011 (2%)
Final report: November 28, 2019 (7%)
Presentation: November 28, 2019 (3%)
Written report
See below
Electronic Submission (Turnitin)
Assignment Remit
1.
Read and understand the case. This case requires you to do a research especially for sections 1
and 5.
2. Write a report (see template with section titles and guidelines for required information) about
your analysis of the AI trends and analysis of the business case – maximum word count 2,500
(not including the Appendices). Your References are in the Appendix. Use APA style format.
http://libraryguides.vu.edu.au/apa-referencing/getting-started-in-apa-referencing
3. The report should have a cover page with key information about the course title, course code,
assignment title, student’s name and student number.
4. Each page (except cover page) should be numbered, and centered at the bottom of the page.
5. The second page should only have the Table of Contents. All page numbers and section titles
should align with the Table of Contents. Do not draw a table with visible lines in the Table of
Contents.
6. Use consistent font (Times New Roman) and font size 12 for text throughout the report.
7. The report should have only the first line indented 2.54cm from the margin for every para.
8. Students should make every reasonable effort to apply relevant principles when analyzing a
case (e.g. section 4).
9. Do not use pronouns (I, we, they, you, my, our, theirs etc.) in a business report. Refer to
Evie.ai throughout your report.
10. Consult the grading criteria. Submit the report through the Turnitin link. Report will not be
graded for similarity score above 30%. Marks will be deducted for score between 21-30%.
Course Learning Outcomes
Demonstrate the ability to:
1. communicate well.
2. read and understand a case in total so as to respond to questions in a more integrative
manner.
1
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Scanned with CamScanner
Purchase answer to see full
attachment
Leave a Reply
Want to join the discussion?Feel free to contribute!