Artificial intelligence (AI) is driving automation across every industry. As we move into 2024, a number of AI automation technologies are poised to disrupt how businesses operate. Here are some of the top trends to keep an eye on.
Intelligent Process Automation
Intelligent process automation (IPA) uses AI to automate workflows and business processes. IPA tools can integrate with enterprise systems, interpret unstructured data, handle complex processes, and respond to exceptions. This allows more repetitive back-office tasks to be fully automated beyond what robotic process automation (RPA) alone can handle.
Decision Intelligence
AI is getting better at not just automating tactical tasks, but making critical business decisions. Decision intelligence platforms use machine learning to simulate scenarios and recommend the best course of action. AI models can incorporate historical data, real-time market factors, financial risks, and likely outcomes to empower automated, data-driven decision making.
Advanced Machine Learning
Automating the development of machine learning models is a hot trend. AutoML tools like DataRobot use algorithms to iterate through different ML architectures. This automates the usually time-intensive process of training, tuning, and refining models, allowing AI to build itself more efficiently.
Natural Language Generation
AI is reaching new depths in its ability to generate written content. Natural language generation systems like Anthropic can produce entire articles, stories, code bases, emails and more in seconds. This degree of language automation will disrupt roles like content marketing, coding, legal writing, customer service emails, and any job involving content creation.
Robotics and Computer Vision
Robots powered by computer vision AI are automating warehouse logistics and inventory management. Companies like Covariant use AI to give industrial robots enhanced hand-eye coordination and the ability to adapt to new objects and tasks. This next-gen automation allows logistics roles to be automated.
The march of AI automation across the business landscape is accelerating. All indications point to more white-collar jobs being disrupted. The automation trends above demonstrate that the impacts will be far-reaching. companies need an automation strategy to avoid being left behind.