This tool has implications in business and educational developments as well. “AI technology offers a significant opportunity to transform businesses that rely on processing a large volume of natural language data. Education and corporate training industry will emerge as one of the biggest beneficiaries of AI over the next decade as it replaces the old ineffective and expensive practices with the new more powerful and cost-effective practices to improve the quality and affordability of education,” Dee Kanejiya, founder and CEO of educational AI platform Cognii tells VML Intelligence. “AI will also improve training and re-skilling by creating advanced simulations of real-world work environment and generating more accurate performance analytics for managers. Since learning is central to human development, the effect of AI will be far reaching in accelerating innovation and advancing human civilization to new heights.”
Joel Wright, CEO and co-founder of Sinecure.ai, offers VML Intelligence his insight into what AI can offer companies looking to hire new talent using intuitive new tools. "We like to say Sinecure delivers candidates you actually want to hire - and that's made possible through the use of AI.” Along with assessing the candidates' technical skills and experience, Sinecure’s AI allows recruiters to take a deeper look into candidate potential. “AI flips the script, so to speak, from selecting candidates based on past performance to selecting candidates based on aptitude and future potential. This deep analysis ensures employers will have the right people in the right roles who will drive growth and success in their organizations well into the future.”
AI will impact “every product of every company,” Google CEO Sundar Pichai said at a panel at the CEO Summit of the Americas in 2022. It’s time for brands and consumers alike to prepare for the changes and advancements this technology will push forward in the coming years.