We have been hearing this buzz since ChatGPT was launched a couple of months back. There is no doubt that AI is influencing businesses on a larger scale. The potential they hold in terms of being more productive, effective, and on top of that cost savings draws immense attention.
Despite the fact that AI is continuously climbing the progress ladder and ticking most of the boxes, it certainly raises the danger alarm for us humans. While many people fear and have a question that it may eat up their jobs in the near future. The statistics coming out every day is only leading to the mental imbalancement of employees.
According to experts, the seed of artificial intelligence will be a boon to mankind. The possibilities and amount of errors that humans used to make earlier before the launch of AI have reduced drastically since the degree of accuracy AI offers is unmatched in humans so far.
Just like every coin has two sides, here also we have two sides to this story. Even if AI has a grip on many things, there are certainly more things that only require human intervention and AI just plays a supporting role in that.
Talking about what artificial intelligence lacks will not be a huge surprise. It is designed in such a way that the services offered will only assist humans to produce quality results and expand businesses and there is nothing to be scared of it.
Humans bring creativity, empathy, emotional intelligence, understanding, and much more to the table that cannot be replicated by AI. To explain with an example, AI thinking is restricted to a box, whereas human thinking can go outside the box.
Even in an insurtech company like EnoviQ, where our focus area is always improving the technology and how can we reduce glitches and accelerate productivity to ultimately capture more business. We count on technologies like automation, machine learning, artificial intelligence, block chain technology, and much more in the line but in the front of all of this, we predominantly rely on human intelligence to help us reach every decision.
Technology will continue to evolve and surprise or shock us with its advancements. It is crucial to strike a balance between both human intelligence and AI technology. It is also essential to keep in mind that using artificial intelligence is in our hands, so we need to use it to its fullest potential to help us humans be smartly efficient in performing our daily chores.