We’re debunking the biggest myths that riddle AI through our infographic! Know the facts that tackle these common misconceptions and how AI is disrupting industries. Have you heard of these myths, and what others could you add to the list?
Our Top 5 Artificial Intelligence Myths vs Facts
1- More Complex
Myth: AI is only for repetitive and mundane tasks. Fact: 63% of consumers believe AI will be able to solve complex problems in the future. – PwC
2- Not just for Tech
Myth: Only tech departments need AI technology.
Fact: Marketing and sales prioritize AI and machine learning higher than any other department in enterprises today (40%). – Forbes
3- Not a job killer
Myth: AI and automation are going to replace all jobs!
Fact: The rise of AI will eliminate 85 million jobs and create 97 million new ones by 2025. – World Economic Forum
4- As smart as you program it
Myth: AI is approaching human intelligence and robots will take over the world!
Fact: AI follows the dataset humans create and still lacks emotional intelligence, creativity, and strategic thinking.
5- Why be late in the game?
Myth: My company doesn’t need AI.
Fact: 90% of commercial enterprise apps will use AI by 2025 (IDC) and 9/10 of top businesses have an ongoing investment in AI. – NewVantage
AI is a complex topic, but it shouldn’t be riddled with too many myths and misconceptions. AI is like any technology it disrupts industries and the way we do businesses and live. But if your company stays informed and places the right AI strategy, you become part of the change. So instead of fearing AI, know that all tech is powered by humans, and we can use it to our advantage and push towards limitless possibilities.
Source: RAYA Customer Experience