Artificial Intelligence: How to Profit from This Technology
With the rapid development of technology, the topic of AI – artificial intelligence – is increasingly coming to the forefront. Hundreds of companies are working on its development, prompting journalists and curious individuals to dedicate their efforts to finding information about this unexplored, nascent industry. But is artificial intelligence really that frightening? Let's find out.
What is AI and Why Does It Scare Us?
To begin with, it’s important to understand that everything we know about artificial intelligence and deep learning systems has emerged from science fiction novels and futurists' predictions. Therefore, the general understanding of the situation is far from reality. AI is still developing, and scientists are merely searching for practical applications.
The panic and public fear are easily explained: people have always feared the new and the unknown. Inherent conservatism and fear of innovations lead to a natural desire to protect oneself, to retreat into one’s shell, and to remain comfortable. Thus, throughout history, inventors have faced the challenge of integrating new technologies into everyday life by demonstrating their usefulness and convenience to the average person.
Take, for instance, the Luddite uprisings that occurred in England in 1811. At that time, hand production of stockings was being replaced by stocking frames. The machines significantly simplified and cheapened production, but traditional stocking makers suffered substantial losses. Naturally, the workers were unhappy, and under the leadership of General Ludd, they actively protested, destroying machines and hindering the march of progress. It even reached the point where the King of England ordered the execution of anyone who attempted to damage the machines. The fierce struggle continued until the mid-18th century, but in the end, progress triumphed, and workers simply adapted to the machines instead of weaving by hand. Had conservatism won, we would still be making expensive and low-quality clothing by hand.
What about automobiles? The first "horse-less carriages" were met with laughter and bewilderment. How could any automobile compare to the familiar carriage drawn by a team of horses? Thankfully, the inventors didn’t dwell on this and kept designing new models, making them cheaper and more efficient. Gradually, automobiles began to replace horses: they required less care than animals, didn’t tire, and were more convenient and faster. When Henry Ford introduced assembly line production, cars finally secured their place in society. The production of cars not only simplified transportation but also created millions of jobs in factories, auto repair shops, parts stores, and gas stations. In summary, the replacement of horses with machines was an inevitable development.
In the 1960s, computers emerged. Initially bulky, slow, and clumsy, they didn’t seem threatening. However, as technology advanced, rumors began circulating that intelligent machines would replace humans, cause unemployment, and lead to a collapse. Naturally, protests began again, especially as some sectors did indeed see job losses. For instance, typists and typing bureaus disappeared. But once computers became part of everyday life, it turned out they were simply irreplaceable. Moreover, thanks to computers, millions of new jobs and professions emerged.
Overall, history shows that people have always resisted the new but later embraced it enthusiastically, eventually finding it hard to imagine life without it. Today, we cannot imagine a world without cars, mobile phones, or computers. Similarly, AI will seamlessly enter our lives: imperceptibly and inevitably.
Just imagine a machine that possesses the flexibility, creativity, and uniqueness of human intelligence while being fast, precise, and error-free. A machine that doesn’t just execute programmed tasks but instantly makes the most accurate and logical decisions. Isn’t that amazing?
Moreover, using artificial intelligence doesn’t require understanding the technology itself. We use cars, computers, and phones without knowing anything about internal combustion engines, motherboards, or communication systems. Likewise, AI will become just another gadget, only much more advanced, sophisticated, and functional.
However, what seems like a technological breakthrough to scientists frightens the general public. What if this machine decides that humans are unnecessary? What if it concludes that the best solution is to eliminate humans? Countless films and books have been created on this topic. But the point is that real, not cinematic, AI cannot make such decisions; it is merely a helper: fast, accurate, and safe.
At this moment, AI development is not just at the initial level; it is more of an ideal theory that will turn into a functioning prototype only after numerous experiments and refinements. However, smart assistants, electronic assistants, and analytical programs are already becoming commonplace. Every technology-related company is looking for ways to apply AI in its field, and many are quite successful. The only thing left is to refine the technology itself.
How to Profit from Using AI
The process of humans mastering computing machines can be broken down into several logically developing stages:
Artificial Intelligence: How to Profit from This Technology
With the rapid development of technology, the topic of AI—artificial intelligence—has become increasingly prominent. Hundreds of companies are working on its development, prompting journalists and the curious to devote all their efforts to finding information about this unexplored, nascent industry. But is artificial intelligence really as scary as it seems? Let’s find out.
What is AI and Why is it So Frightening?
First, it’s important to understand that everything we know about artificial intelligence and deep learning systems has come from science fiction novels and futurists' predictions, so the general understanding of the situation is far from reality. AI is still in its developmental stage, and scientists are only seeking ways to apply it practically.
The panic and public fear can be easily explained: people have always feared the new and the unknown. Innate conservatism and a fear of novelty lead to a natural desire to protect oneself, to retreat into one’s shell, and to remain in comfort. Therefore, throughout history, inventors have faced the problem of how to integrate new technologies into life by demonstrating their usefulness and convenience to the average person.
For instance, let’s recall the Luddites’ uprisings that took place in England in 1811. At that time, hand-knitted stockings began to be displaced by knitting machines. The technology significantly simplified and reduced the cost of production, but the traditional hand-knitting artisans suffered significant losses. Naturally, people were unhappy, and under the leadership of General Ludd, they actively protested, destroying machines and impeding the progress of technology. It got to the point where the King of England ordered the execution of anyone attempting to damage the machines. The fierce struggle continued until the mid-18th century, but progress ultimately triumphed, and workers simply adapted to the machines instead of hand-weaving. Had conservatism won, we would still be making expensive and low-quality clothing by hand.
What about cars? The first “horseless carriages” were met with laughter and confusion. Could any car compare to a familiar carriage drawn by a team of horses? Thankfully, inventors did not dwell on this and kept constructing new models, making them cheaper and more refined. Gradually, cars began to displace horses: they required less care than animals, did not tire, and were more convenient and faster. When Henry Ford introduced assembly line production, cars definitively found their place. Car manufacturing not only simplified transportation but also provided jobs for millions of people in factories, auto shops, parts stores, and gas stations. In short, the replacement of horses with machines was an inevitable event.
Computers emerged in the 1960s. Initially bulky, slow, and clumsy, they didn’t seem threatening, but as technology progressed, rumors began circulating that intelligent machines would displace humans, lead to unemployment, and ultimately cause a collapse. Naturally, protests ensued, especially since some sectors did indeed face cutbacks. For example, typists and typing services disappeared. However, once computers entered everyday life, it became clear that they were indispensable. Moreover, thanks to computers, millions of new jobs and numerous new professions emerged.
Overall, history shows that people have always opposed the new but eventually embraced it wholeheartedly, now unable to imagine life without it. Today, it’s hard to envision a world without cars, mobile phones, and computers. Similarly, AI will seamlessly and inexorably integrate into our lives.
Just imagine a machine that possesses the flexibility, creativity, and unconventionality of human intelligence, yet is fast, accurate, and infallible. A machine that does not merely execute programmed actions but instantly makes the most logical and correct decisions. Isn’t that grand?
Furthermore, using artificial intelligence does not require understanding the technology behind it. We use cars, computers, and phones without knowing anything about internal combustion engines, motherboards, or communication systems. Similarly, AI will become just another gadget—only much more advanced, sophisticated, and functional.
However, what seems like a technological breakthrough to scientists terrifies the average person. What if this machine decides that humans are unnecessary? What if it concludes that the best solution is to eliminate humans? How many movies and books have been created on this topic? But the essence is that real, non-cinematic AI cannot make such decisions; it is merely a helper: fast, accurate, and safe.
Currently, AI development is not just at a nascent level; it is more like an ideal theory that will turn into a workable prototype only after many experiments and refinements. However, smart assistants and electronic aides, as well as analytical programs, are already entering everyday use. Every technology-related company is searching for ways to apply AI in its field, and many are quite successful. It’s just a matter of refining the technology itself.
How to Make Money Using AI
The process of mastering computational machines can be divided into several logically developing stages:
- The emergence of the first computers: huge, expensive, and too complex for the average user. Only specialists with the necessary skills, capable of translating results into a language understandable to non-specialists, could operate computers.
- The emergence of programming languages, which made computers accessible to a larger number of people.
- Databases are created, allowing the accumulation and processing of large amounts of data.
- Monitors and interfaces appear, further simplifying interactions with technology; the first computer games are created, making new technologies a form of entertainment that wins over users' affection.
- Special applications are developed, enabling people without any understanding of computer operations to use them in various fields: journalism, accounting, design.
- The internet becomes publicly accessible, connecting people worldwide and opening access to any information of interest. Online sales begin.
- Smartphones become widely available, allowing nearly every person on Earth access to a computer. The internet evolves into a separate universe where everything exists: goods, movies, books, and communication. Life without the internet is now almost impossible.
- The emergence of artificial intelligence—a helper that automates processes and simplifies life.
AI is essentially a secretary that fulfills your requests: booking a ticket, finding the optimal route, setting up information gathering, compiling an article. It goes even further—you can delegate the work to an algorithm that will handle all the preparatory tasks, draw conclusions, and provide you with specific results. Be it an article, solving a complex mathematical problem, ordering food, booking flights, or writing a business plan: any task can be completed as quickly and perfectly as possible.
In other words, the possibilities for using artificial intelligence are limitless, making the development of this technology highly profitable from a commercial standpoint. This opens new horizons for creating new businesses and significantly expanding existing sectors.
Who is Working on AI?
The leading countries in the world have long recognized all the advantages of artificial intelligence, which is why laboratories around the globe are engaged in research and development. The United States, China, Kazakhstan, South Korea, and 18 other countries are actively researching, launching new AI development strategies with government support. And that’s not to mention private companies that have a vested interest in becoming leaders in this promising field. Major AI researchers include Apple, Google, Tesla, Facebook, Microsoft, and many others.
You can join the race if you have something substantial to offer. Then you can be sure that there will be no problems finding funding.
How Can AI Technologies Be Used to Develop a Business?
The main problem faced by all artificial intelligence developers is a misunderstanding of the target objectives. Yes, AI is cool, but how practical is it? How can it help in business? There are several promising areas where AI will become indispensable (you may suggest more, as the topic is indeed inexhaustible).
- Education. Good specialists are in demand in any field, but to achieve great heights, one must study hard, practice, and gain experience. The problem is that the volume of information modern students need to master is so vast that it is practically impossible to absorb it. Moreover, universities often introduce subjects that are not particularly relevant to the specialty. Using AI, it is possible to create informative, detailed, yet concise electronic textbooks that include everything a specialist needs. Additionally, the program can be set to regularly update information, ensuring that the data in the textbooks is always current.
- Journalism. For those who work with text, AI is simply irreplaceable. Collecting relevant information, structuring it, distilling key points, analyzing, and the ability to style the text—these are just a few of the tasks it can handle. How much easier, broader, and more objective news will become if artificial intelligence is involved in the preliminary work!
- Medicine. The issue of treatment is particularly pressing, as there is a relatively small number of doctors (especially good ones) for a vast number of patients. We are all familiar with long waits, bureaucracy, and delays, where even obtaining a simple certificate can be problematic, let alone receiving an accurate diagnosis and treatment. Using AI is the most sensible and effective way to address the shortage of doctors. After all, a multifunctional, intelligent computer requires fewer resources and costs than a human doctor, yet it does not tire, can work around the clock, and can be installed even in the most remote locations. In general, artificial intelligence in medicine is a true lifesaver, capable of solving numerous problems, improving diagnostics, and streamlining treatment processes.
- Transport. Consider how much time is wasted on traffic. Delays caused by traffic jams, detours, accidents, weather conditions, etc. AI will help optimize transport routes, speed up logistics, and even predict traffic. As a result, journeys will become less time-consuming and more comfortable, and transportation companies will be able to work more efficiently. There are also numerous other advantages, including the automated delivery of goods, predictive analysis of demand and purchases, and the improvement of passenger transport.
- Commerce. A few years ago, people stood in lines for hours to buy the latest smartphone or order a new car. Today, an abundance of various marketplaces has emerged, offering an ever-wider range of products. This is where AI becomes truly invaluable: it can analyze buying habits, helping manufacturers understand what people really need. Moreover, by analyzing current trends, AI can predict which products will be in demand in the near future.
- Social Networks. Today, social networks have taken on great significance. They help find new friends, build business partnerships, and keep in touch with loved ones. But the ability to analyze and categorize users’ actions opens even greater possibilities. For instance, it allows you to organize advertisements based on user preferences and, more importantly, to predict users’ desires. AI will help find and optimize the right target audience.
Of course, this list is not exhaustive; numerous other uses for AI in various fields can be found. What’s important is that you find your niche and offer a unique solution that will help you stand out from competitors.
Conclusions
AI is the future. The integration of technology into our lives is an inevitable process, so don’t be afraid. Embrace the novelty, explore its possibilities, and act quickly. AI will significantly simplify many processes and make your life easier. If you can adapt and find a way to benefit from this technology, you can confidently face the future.