is part of our daily lives. In terms of trends in Artificial Intelligence, 2024 is the year of AI democratization. But what is AI democratization? Why does it matter? Find out more about why AI democratization is important and what impact it has on different fields.
What does AI democratization refer to?
Artificial Intelligence has the purpose of replicating human intelligence in machines by programming them to think and learn like humans. This technology has at its base a series of algorithms that enable AI to perform tasks for which human intelligence is needed. If using AI and programming it to perform and complete tasks requires a certain level of technical skills, AI democratization seeks to change that.
What AI democratization wants to achieve is a way of making Artificial Intelligence accessible to everyone – both individuals and organizations. Thanks to AI democratization, regardless of technical skills and background, everyone can benefit from the immense power AI holds. Artificial Intelligence is no longer reserved for tech giants or a selected few. From personal projects to problem-solving purposes, AI can help anyone. AI democratization creates a more inclusive market for AI, tearing down the barriers that used to lie between technical and non-technical users.
How does AI become accessible for everyone to use and what is behind AI democratization?
There are a few tools that favor AI democratization. There are several platforms that contribute to the spreading of accessible AI. One example is no-code and low-code platforms. As the name suggests, such platforms require low to no knowledge of programming. Through user-friendly drag-and-drop features, no-code/low-code platforms enable their users to use AI for automation or other solutions powered by AI. This way smaller companies that might not have the biggest budgets can increase efficiency and stay competitive in the market.
Another service that helps and supports AI democratization is cloud computing. Cloud computing services have become more and more popular in recent years paving the path for 2024 – the year of AI democratization. To make use of cloud computing services, you only need to have an internet connection. As access to the internet is widely available, AI tools are easier to gain access to now more than ever.
The democratization of AI makes Artificial Intelligence available across a wide variety of fields.
Thanks to AI democratization, people across many fields can benefit from AI-powered solutions. With the help of AI both efficiency and productivity are enhanced. Now that AI democratization is one of the hottest trends in AI in 2024, access to AI tools is only going to spread to more fields. Some of the sectors that are starting to transform due to AI are medicine, education, and customer service.
Modern medicine came and is continuing to come up with solutions for many diseases and conditions. However, the time and accuracy with which they are identified and diagnosed can always improve. Here AI can come in and ensure a shorter time of disease detection and a more accurate diagnosis. It’s safe to assume that medical doctors don’t generally possess programming skills, or if they do they are limited. Now that AI democratization is upon us, the medical field can take advantage of complex algorithms that can help transform healthcare services for the better.
Another field that is only going to benefit from AI democratization is education. As time went by, technology sought to improve the quality of education. In 2024, employing AI can offer more students with learning experiences that are tailored to their needs. AI can make studying more interactive so that students find learning more exciting and pleasant. Besides personalized learning experiences for students, teachers can also use AI to automate grading and feedback systems. This would save them time which can be redirected towards interactions with students.
AI provides solutions for companies to improve their relationships with customers. The year of AI democratization allows small companies, not just large enterprises, to make use of customer service tools powered by AI. As AI doesn’t have working hours and doesn’t take breaks as humans do, customer satisfaction increases thanks to instant customer support. Still, with the help of AI, companies can gather customer information that is essential for future successful interactions. Automating replies and emails saves employees time that can be used for non-repetitive tasks.
AI democratization spurs a revolution in the world of AI, changing forever the way people can harness the power it holds. AI audience expands and becomes more inclusive. Across a wide variety of sectors, AI creates innovative opportunities that weren’t available before. 2024 is the year that starts the era of AI democratization – and we are here for it!
a series of algorithms at its base
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