Explore the transformative potential of AI on business dynamics, management practices, employment trends, and project management in this eye-opening article.
How will AI affect the future of business?
Artificial Intelligence Will Improve Efficiency & Productivity. As AI becomes more common within the workplace, the efficiency and productivity rates within the business will improve. Making routine tasks automated can free up human time, therefore increasing productivity and ensuring more beneficial business growth.
How will AI impact management?
The Benefits of AI-Informed Leadership Most businesses require repetitive tasks that take up valuable time and resources, such as data entry and invoicing. By implementing AI solutions, companies can free employees to focus on higher-level tasks requiring more critical thinking and creativity.
How will AI affect the future of employment?
The World Economic Forum has estimated that artificial intelligence will replace some 85 million jobs by 2025.
What is the future of project management with AI?
According to Gartner, by 2030, 80% of project managers’ tasks will be run by AI, powered by big data, machine learning (ML), and natural language processing. This statement was perceived as a threat to project managers, whose job was supposed to be undertaken by AI-driven project management software.