General

AI augmentation to Create $2.9 Trillion of Business Value in 2021

Author : NewsGram Desk

Artificial intelligence (AI) augmentation will create $2.9 trillion of business value and 6.2 billion hours of worker productivity globally in 2021, according to a forecast by Gartner.

Augmented intelligence refers to a human-centred partnership model of people and AI working together to enhance cognitive performance.

This includes learning, decision making and new experiences.

"Augmented intelligence is all about people taking advantage of AI," said Svetlana Sicular, Research Vice President at Gartner.

AI has the potential to increase India's annual growth. Pixabay

"As AI technology evolves, the combined human and AI capabilities that augmented intelligence allows will deliver the greatest benefits to enterprises," she added.

Customer experience is the primary source of AI-derived business value, according to the Gartner AI business value forecast.

Augmented intelligence reduces mistakes while delivering customer convenience and personalisation at scale, democratizing what was previously available to the select few.

"Augmented intelligence is a design approach to winning with AI, and it assists machines and people alike to perform at their best," Sicular said. (IANS)

Subscribe to our channels on YouTube and WhatsApp 

World AIDS Day: HIV Infections Down 49%, Deaths Reduced by Over 81% in India

Bengal SIR: ECI Identifies 18.70 Lakh Dead Voters in Current List

India’s Exports to U.S. Slide 28.5% in Five Months as Tariffs Hit Labour-Intensive Sectors Hardest

Former Union Minister Shriprakash Jaiswal Passes Away at 81; "His Passing Is an Irreparable Loss to the Congress Party," Says Rahul Gandhi

Punjab Cabinet Approves Empanelment of 300 Specialist Doctors Across Key Health Departments