Artificial Intelligence (AI) has been driving the revolution in global productivity in 2024. AI solutions have been used by companies in a variety of industries to improve decision-making, automate tedious jobs, and streamline operations.
Important AI tools like machine learning models, generative AI, and natural language processing (NLP) were crucial. Businesses used chatbots, virtual assistants, and analytics systems driven by AI to increase staff productivity, lower operating costs, and improve customer experience.
For example, the financial industry employed predictive algorithms to reduce risks and find lucrative opportunities, while manufacturing companies used AI-driven robotics to optimise production lines. Additionally, AI tutors, personalised learning, and automated grading systems emerged in the education industry, saving teachers time and improving student results. But there were also worries about the AI boom.
Concerns about data privacy, ethical quandaries, and employment displacement are still at the forefront of discussions about the future of technology. However, 2024 shown that AI is a productivity game-changer, paving the way for additional advancements in the years to follow.
