Part 4/8:
AI technology allows for automation of tasks typically requiring human intellect. Companies now can utilize software agents to execute operations that have been carried out by people for over six decades. This transition holds the potential to drastically increase software revenues; predictions suggest that revenues could double, if not increase tenfold.
As we analyze the potential of AI, it’s evident that these systems can significantly decrease labor costs while enhancing efficiency. However, how will this integration affect the workforce? A notable concern is the fate of jobs as AI continues to infiltrate various sectors.