Businesses of every industry have been utilizing the best of modern technology for decades. Regardless of what type of technology is being used, the end goal of all the organizations is the same. People search for differentiated ways to work smarter, not harder.
Artificial Intelligence (AI) and Cognitive Computing are a part of the future of technology. They have a lot more to do apart from making the lives of business professionals “easier” in a literal sense as they have the capability to transform the manner of operation of any business enterprise.
What do you mean by Artificial Intelligence?
Artificial Intelligence (AI) is an innovative idea that can enable humans to perform tasks earlier and easier. In simple words, AI no longer requires human intervention at all to accomplish any task. These can include things like visual identification, speech recognition, even decision-making, and many more.
Artificial systems have been used prominently in science fiction stories for decades; their major step towards becoming a reality can be seen as Alan Turing’s theory of computation. It depicts that if it is possible to teach a machine how to recognize certain symbols like “0” and “1”, its designers can also “teach” it how to make mathematical deductions without human intervention by simulating formal reasoning.
What is Cognitive Computing?
Cognitive computing is a term that encompasses the principles of not only AI but also machine learning, reasoning, and also natural language processing. Generally, it is an idea that both hardware and software can be programmed in such a way that duplicates the functionality of the human brain in an effort to enable humans to make decisions.
If an organization is using AI and a cognitive computing system to perform a single task, the AI system will work to resolve all the available problems. The cognitive system would have served all the insight required to make a better decision or a data-driven decision.
AI and Cognitive Computing in the Workplace
Both AI and cognitive computing already exist in workplaces around the world. This trend does not highlight any initials of slowing down anytime soon.
An instance of AI in the workplace takes the formation of Textio, which is basically a system designed to help job recruiters and hiring managers in writing compelling job descriptions. It takes data from former job postings and compares it to the published one, suggesting word alterations and even formatting choices that will make it more effective.
Montage is also an example which enables job candidates to schedule interviews. This system makes the recruiters free from focusing such time taking tasks, and candidates are served with more freedom in selecting a time that works best for them.