{"id":25448,"date":"2018-01-09T09:04:53","date_gmt":"2018-01-09T15:04:53","guid":{"rendered":"https:\/\/www.crowdspring.com\/blog\/?p=25448"},"modified":"2026-03-15T12:36:21","modified_gmt":"2026-03-15T17:36:21","slug":"28-ways-artificial-intelligence-will-affect-your-business-and-life","status":"publish","type":"post","link":"https:\/\/www.crowdspring.com\/blog\/28-ways-artificial-intelligence-will-affect-your-business-and-life\/","title":{"rendered":"28 Ways Artificial Intelligence Will Affect Your Business and Life"},"content":{"rendered":"<div id=\"attachment_25454\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-25454\" class=\"size-full wp-image-25454\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/12\/27131444\/rsz_cyberman.jpg\" alt=\"\" width=\"700\" height=\"466\" srcset=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/12\/27131444\/rsz_cyberman.jpg 700w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/12\/27131444\/rsz_cyberman-300x200.jpg 300w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/12\/27131444\/rsz_cyberman-400x266.jpg 400w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-25454\" class=\"wp-caption-text\">Image courtesy of <a href=\"https:\/\/www.flickr.com\/photos\/lodekka\/8642844845\">Chris Sampson<\/a><\/p><\/div>\n<p>\n<div class='header-cta' style='display:none'>\n  <span>Will your business idea succeed?<\/span>\n  <a href='https:\/\/www.crowdspring.com\/evaluate-your-startup-idea-quiz\/' class='btn btn-primary' target='_blank'>Take our quiz - completely confidential and free!<\/a>\n<\/div>\n<\/p>\n<p>Like it or not, machines are claiming new territory.<\/p>\n<p>And by &#8220;machines,&#8221; I mean artificial intelligence (AI).<\/p>\n<p>Our business and personal lives are touched by AI every day. That friendly lady who took your information and looked up your\u00a0account when you called your insurance company?<\/p>\n<p>A robot.<\/p>\n<p>That helpful service on Netflix that recommends new shows to watch?<\/p>\n<p>An AI algorithm.<\/p>\n<p>That stilted voice that gives you directions when you&#8217;re lost in a new city?<\/p>\n<p>AI.<\/p>\n<p>Amazon&#8217;s helpful home assistant, Alexa and Apple&#8217;s assistant, Siri?<\/p>\n<p>AI.<\/p>\n<p>Without realizing it, we&#8217;re interacting with &#8220;thinking&#8221; machines unprecedentedly and in forms we had only imagined before. A trends report on artificial intelligence <a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">explains<\/a>:<\/p>\n<blockquote><p>AI isn\u2019t a singular technology, but an umbrella term that includes machine learning, voice recognition, predictive analytics, among others, to solve a problem.<\/p><\/blockquote>\n<p><a href=\"https:\/\/www.trickyenough.com\/tools\/\" target=\"_blank\" rel=\"noopener\">Artificial intelligence\u00a0technologies<\/a> of all forms are gaining momentum in 2018.<\/p>\n<p>Whether you&#8217;re excited, indifferent, or stocking a bunker with dry goods, artificial intelligence is likely to impact your life in several ways in the coming years.<\/p>\n<p>And, if you&#8217;re a small business owner, especially if you&#8217;re <a href=\"https:\/\/www.crowdspring.com\/blog\/starting-a-business\/\" target=\"_blank\" rel=\"noopener\">starting a business<\/a>, you need to be thinking about <a href=\"https:\/\/textcortex.com\/post\/how-large-language-models-address-enterprise-it\" target=\"_blank\" rel=\"noopener\">how your business is likely to be impacted by AI<\/a>.<\/p>\n<p>You can&#8217;t afford to ignore the opportunities presented by <a href=\"https:\/\/ai.potential.com\/\" target=\"_blank\" rel=\"noopener\">utilizing artificial intelligence technologies<\/a> in your business. Mark Skilton, Professor of Practice at Warwick Business School, <a href=\"https:\/\/www2.warwick.ac.uk\/fac\/soc\/impact\/policybriefings\/impact_of_ai_on_business_policybrief_final.pdf\" target=\"_blank\" rel=\"noopener\">shared the following<\/a> in a policy briefing:<\/p>\n<blockquote><p>AI technologies are likely to provide new market opportunities and competitive advantage. Perceptive organizations are already investing in proof of concept studies to determine whether there are opportunities to benefit from AI.<\/p><\/blockquote>\n<p>The numbers bear out his claim.<\/p>\n<h2>Every business owner and would-be entrepreneur should check out these 28 statistics about artificial intelligence<\/h2>\n<h3>AI in our lives<\/h3>\n<p>1. AI technology is already touching most people in the United States. The Webby Awards AI Trends Report\u00a0<a href=\"https:\/\/www.webbyawards.com\/news\/5-takeaways-on-automation-ai\/\" target=\"_blank\" rel=\"noopener\">revealed<\/a> that:<\/p>\n<blockquote><p><strong>79%<\/strong> of U.S. adults indicated they had <strong>used some form of artificial intelligence in the last 12 months<\/strong>, and <strong>65%<\/strong> acknowledged that <strong>automation has a significant impact on their daily lives.<\/strong><\/p><\/blockquote>\n<p>2. Humans still hold an understandable amount of mistrust for artificial intelligence. It is no surprise, then, that people prefer to reserve the decisions most important to their health, wealth, and well-being for themselves. <strong>69% of people polled would prefer healthcare decisions to be made personally<\/strong> without the influence of automation. (<a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">Webby Trend Report<\/a>). Meanwhile some\u00a0<a href=\"https:\/\/mindtitan.com\/resources\/industry-use-cases\/artificial-intelligence-for-government\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/mindtitan.com\/resources\/industry-use-cases\/artificial-intelligence-for-government\/&amp;source=gmail&amp;ust=1639159838121000&amp;usg=AOvVaw2j1XchSGH-2JMDtjEwdNz2\">governments are already utilizing ai<\/a>\u00a0to modernize and improve public services.<\/p>\n<p><div class=\"subscription-hero-snippet image-on-left\" style=\"background: #DA6D5A\"><div class=\"title centered\">Will your business idea succeed?<\/div><div class=\"main-content\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2023\/08\/22130931\/startup-idea-quiz-blog-hero.png\" alt=\"illustration of entrepreneur evaluating startup ideas\"\/><\/div><div class=\"form-wrapper\"><div class=\"subtitle\">Take our free quiz and find out.<br\/><br\/>We won't ask for secrets or specifics.<\/div><a target=\"_blank\" class=\"btn btn-primary\" href=\"https:\/\/www.crowdspring.com\/evaluate-your-startup-idea-quiz\/\">Start the quiz - completely confidential and free!<\/a><\/div><\/div><\/div><\/p>\n<p>3.\u00a0<strong>60% of those surveyed preferred to handle money matters independently<\/strong> without AI interference.\u00a0\u00a0(<a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">Webby Trend Report<\/a>). But we continue to see services like Wealthfront and Betterment gain more customers, and we expect that more and more people will shift to machine-based investment strategies.<\/p>\n<p>4.\u00a0<strong><a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">81% of people<\/a> polled anticipate that AI-automated devices will drive cars<\/strong> in the next 10 years. We already see this feature from Tesla and numerous other automakers (in limited form).<\/p>\n<p>Perhaps all of these years of using GPS to help us get around helped pave the way for its AI big brother. <a href=\"https:\/\/www.sap.com\/products\/artificial-intelligence\/what-is-artificial-intelligence.html\" target=\"_blank\" rel=\"noopener\">Artificial intelligence<\/a> seems to have earned an acceptance place in the future of transportation.<\/p>\n<p>5. <strong>80% of those polled expect to see automated devices deliver products<\/strong> to our doors.\u00a0\u00a0(<a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">Webby Trend Report<\/a>). This provides an interesting opportunity for smaller businesses to continue differentiating by providing personal, human-powered service to their customers.<\/p>\n<h3>Mixed success<\/h3>\n<p>AI is still a field in development. Everyone is keen to jump on board and take advantage of its benefits. But the technology is still evolving to meet both businesses&#8217; and consumers&#8217; expectations.<\/p>\n<p>These real-life examples show the mixed results that AI is experiencing today.<\/p>\n<p>6. While the idea of a robot assistant seems appealing to many consumers, the reality may not match the anticipation. One of the most well-known <a href=\"https:\/\/instantly.ai\/blog\/how-ai-agents-work\/\" target=\"_blank\" rel=\"noopener\">artificial intelligence agents<\/a>, <strong>Apple&#8217;s Siri, is only reportedly used by about 15% of iPhone users<\/strong>. That leaves 85% of iPhone users who don&#8217;t seem to find value in the robot pal who lives in their pocket. (<a href=\"https:\/\/www.intelligentvoice.com\/2013\/10\/17\/new-poll-apple-oversold-siri-says-46-americans\/\" target=\"_blank\" rel=\"noopener\">Intelligent Voice<\/a>) As AI tools multiply, it helps to understand the distinction between them. Here&#8217;s a practical breakdown of <a href=\"https:\/\/elfsight.com\/blog\/ai-assistant-vs-chatbot\/\" target=\"_blank\" rel=\"noopener\">AI assistant vs chatbot<\/a> to figure out which actually fits your use case.<\/p>\n<p>7. More troubling, <strong>46% of iPhone owners who <em>do<\/em> use Siri believe that Siri&#8217;s capabilities have been &#8220;oversold.&#8221;<\/strong> As Siri is a primary selling feature for a flagship product from one of the most renowned technology companies in the world, this begs the question &#8211; can <em>anyone<\/em> execute an interactive voice recognition-based bot in a useful and meaningful way? (<a href=\"https:\/\/www.intelligentvoice.com\/2013\/10\/17\/new-poll-apple-oversold-siri-says-46-americans\/\" target=\"_blank\" rel=\"noopener\">Intelligent Voice<\/a>)<\/p>\n<p>8. The Cosmopolitan Hotel in Las Vegas has adopted an artificial intelligence concierge called &#8220;Rose&#8221; to assist their guests and provide a unique interactive experience. Since Rose&#8217;s introduction, the hotel has seen a <strong>39% increase in on-site spending,<\/strong> and <strong>90% of guests who interacted\u00a0with Rose reported that they would recommend her<\/strong>. (<a href=\"https:\/\/socialmediaweek.org\/blog\/2017\/11\/ai-technology-disrupting-hospitality-industry\/\" target=\"_blank\" rel=\"noopener\">Social Media Week<\/a>)<\/p>\n<p>9. Unsurprisingly, companies prioritizing innovation seem better at adopting and taking advantage of new technologies. <a href=\"\/\/\/home\/chronos\/u-77cf00896bd9cc3a3e9ced805480d2e3d21bfb7e\/Downloads\/AI_2018\/Outlook_On_AI_Enterprise2017.pdf\" target=\"_blank\" rel=\"noopener\">Narrative Science<\/a> found that <strong>61% of companies with a dedicated innovation strategy use AI technologies to mine their data for unidentified business opportunities<\/strong>. This is in stark contrast to the 22% of businesses without an innovation strategy utilizing AI similarly.<\/p>\n<p><a href=\"https:\/\/apify.com\/data-for-generative-ai\" target=\"_blank\" rel=\"noopener\">Data mining<\/a> is still limited to larger companies, but <a href=\"https:\/\/www.selecthub.com\/c\/business-intelligence-tools\/\" target=\"_blank\" rel=\"noopener\">business intelligence tools<\/a> and <a href=\"http:\/\/www.lindy.ai\/blog\/zapier-alternatives\" target=\"_blank\" rel=\"noopener\">automation tools<\/a> are increasingly available to help even small companies assess their data and turn those assessments into actionable tactics.<\/p>\n<p>For example, even smaller businesses can effectively <a href=\"https:\/\/www.crowdspring.com\/blog\/chatbots-for-business\/\" target=\"_blank\" rel=\"noopener\">use chatbots to increase profits<\/a> and leverage <a href=\"https:\/\/neuroflash.com\/blog\/ai-image-generation-prompt-examples\/\" target=\"_blank\" rel=\"noopener\">AI image generation prompts<\/a> to create high-quality images. . At <a href=\"https:\/\/www.crowdspring.com\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>, we fully appreciate AI&#8217;s advantages to a business. For example, you may have noticed that we use an <a href=\"https:\/\/graphene.digital\/ai-chatbots-lead-generation\/\" target=\"_blank\" rel=\"noopener\">AI bot for lead generation<\/a> on our site and blog to encourage readers to subscribe. Many entrepreneurs and small business owners need help <a href=\"https:\/\/www.crowdspring.com\/naming-a-business-or-product\/\" target=\"_blank\" rel=\"noopener\">naming their company<\/a>,\u00a0<a href=\"https:\/\/www.crowdspring.com\/logo-design\/\" target=\"_blank\" rel=\"noopener\">logo design<\/a>, <a href=\"https:\/\/www.crowdspring.com\/website-design\/\" target=\"_blank\" rel=\"noopener\">website design<\/a>, and other graphic design projects. However, lead forms are not always the best way to help us measure and follow up on that interest. The <a href=\"https:\/\/gettalkative.com\/info\/enterprise-chatbots\" target=\"_blank\" rel=\"noopener\">AI chatbot<\/a> allows us to adopt a low-key, conversational approach rather than using forms (as most companies do in such cases), making it crucial to <a href=\"https:\/\/walterwrites.ai\/how-to-humanize-ai-chatgpt-content\/\" target=\"_blank\" rel=\"noopener\">add a human touch<\/a> and <a href=\"https:\/\/www.sitesell.com\/blog\/how-to-humanize-ai-content\/\" target=\"_blank\" rel=\"noopener\">humanize AI content<\/a>.<\/p>\n<h3>Who is driving AI&#8217;s growth?<\/h3>\n<p>10. A Forrester Data Infographic reveals that business technology decision-makers &#8211; or people making technology decisions who work in roles <em>outside<\/em> of IT &#8211; are big proponents of incorporating AI technology into their businesses. Data <a href=\"https:\/\/go.forrester.com\/blogs\/forrester-data-infographic-whos-driving-ai-adoption-in-the-enterprise\/?utm_source=forrester_proshome&amp;utm_medium=web&amp;utm_campaign=blog&amp;utm_content=link\" target=\"_blank\" rel=\"noopener\">has shown<\/a> that:<\/p>\n<blockquote><p><strong>63% of business Technology Decisions Makers (tdms in a role outside of IT) are implementing, have implemented, or are expanding use of artificial intelligence.<\/strong><\/p><\/blockquote>\n<p>11. Traditional tech decision-makers (who work in the IT field) are slower to embrace AI technology at 43%.<\/p>\n<h3>Are we ready for AI?<\/h3>\n<p>12. A startling statistic from Forrester points out that while more than <strong>60% of executives believe that their business is not where it should be<\/strong> in terms of its digital transformation, <strong>20% of CEOs will fail to act<\/strong>. Forrester predicts that this will lead those firms to fail or be acquired by other more tech-savvy businesses.\u00a0 (<a href=\"https:\/\/go.forrester.com\/wp-content\/uploads\/Forrester-2018-Predictions.pdf?utm_source=forrester_lp_capstone&amp;utm_medium=web&amp;utm_campaign=predictions_2018&amp;utm_content=button\" target=\"_blank\" rel=\"noopener\">Forrester<\/a>)<\/p>\n<p>13. Forrester also reports that retailers are largely unprepared to take advantage of intelligent agents, or &#8220;bots.&#8221; Among many other tasks, these programs can provide shopping suggestions or guide shopping choices for their internet clientele. Forrester&#8217;s Predictions 2018 report goes on to <a href=\"https:\/\/go.forrester.com\/wp-content\/uploads\/Forrester-2018-Predictions.pdf?utm_source=forrester_lp_capstone&amp;utm_medium=web&amp;utm_campaign=predictions_2018&amp;utm_content=button\" target=\"_blank\" rel=\"noopener\">explain<\/a>:<\/p>\n<blockquote><p>Lack of skills, quasi-differentiated brands, and aged operations are hurdles for traditional retailers \u2014 but the role of intelligent agents will be the thorniest issue in 2018. <strong>Only 33% of retailers understand the disruptive nature of intelligent agents; 67% do not<\/strong>.<\/p><\/blockquote>\n<p>14. AI technology is still in its infancy, and growing pains are inevitable. It&#8217;s <a href=\"https:\/\/go.forrester.com\/wp-content\/uploads\/Forrester-2018-Predictions.pdf?utm_source=forrester_lp_capstone&amp;utm_medium=web&amp;utm_campaign=predictions_2018&amp;utm_content=button\" target=\"_blank\" rel=\"noopener\">projected<\/a> that <strong>75% of AI projects in 2018 will fall short of expectations<\/strong> because they &#8220;fail to model operational considerations.&#8221; But, the good news is that this will likely lead decision-makers to revisit the scope of their AI investments and proceed with a better understanding of the field. Firms will be better equipped to succeed with this additional learning.<\/p>\n<p>15. AI is already in the process of reshaping businesses worldwide. But, it&#8217;s often not simply a plug-and-play solution. Infrastructure changes may be called for for a business to take full advantage of AI technology. In the next year alone, it is <a href=\"https:\/\/go.forrester.com\/blogs\/forrester-data-infographic-whos-driving-ai-adoption-in-the-enterprise\/?utm_source=forrester_proshome&amp;utm_medium=web&amp;utm_campaign=blog&amp;utm_content=link\" target=\"_blank\" rel=\"noopener\">estimated that<\/a>\u00a0<strong>59% of business tech decision-makers polled consider changing their business model to support AI as a &#8220;high&#8221; or &#8220;critical&#8221; priority<\/strong> for the next 12 months.<\/p>\n<p>16. One of the biggest challenges to implementing AI technology is managing the transition to replace a business&#8217;s existing data practices.\u00a0 <strong>26% of business tech decision-makers cite data practice change management as a major AI challenge<\/strong>. (<a href=\"https:\/\/go.forrester.com\/blogs\/forrester-data-infographic-whos-driving-ai-adoption-in-the-enterprise\/?utm_source=forrester_proshome&amp;utm_medium=web&amp;utm_campaign=blog&amp;utm_content=link\" target=\"_blank\" rel=\"noopener\">Forrester AI Infographic<\/a>)<span style=\"color: #1a1919; font-family: 'Open Sans';\">\u00a0<\/span><\/p>\n<h3>The language barrier<\/h3>\n<p>17. When a new technology is introduced, there&#8217;s always a bit of a lag as the world catches up. The same is true of artificial intelligence technologies. Some people fail to understand AI&#8217;s impact because they don&#8217;t speak its language. <a href=\"\/\/\/home\/chronos\/u-77cf00896bd9cc3a3e9ced805480d2e3d21bfb7e\/Downloads\/AI_2018\/Outlook_On_AI_Enterprise2017.pdf\" target=\"_blank\" rel=\"noopener\">Narrative Science<\/a> shares that <strong>38% of companies surveyed reported using AI technologies<\/strong> in their workplace, <strong>but 88% of companies surveyed used tech that relies on AI<\/strong> to function.<\/p>\n<p>18. Unique proprietary algorithms are the backbone of platforms like Facebook, <a href=\"https:\/\/www.crowdspring.com\/blog\/amazon-logo\/\" target=\"_blank\" rel=\"noopener\">Amazon<\/a>, and Google. A failure to understand these algorithms can pose a serious challenge to marketing efforts. For that reason, marketing professionals must source talent that can act as translators and influencers between the marketing team and the platforms that rely on AI algorithms.\u00a0 <a href=\"https:\/\/go.forrester.com\/wp-content\/uploads\/Forrester-2018-Predictions.pdf?utm_source=forrester_lp_capstone&amp;utm_medium=web&amp;utm_campaign=predictions_2018&amp;utm_content=button\" target=\"_blank\" rel=\"noopener\">Forrester<\/a>\u00a0predicts that:<\/p>\n<blockquote><p><strong>25% of CMOs will fail to do this<\/strong>, resulting in their brand becoming undifferentiated and silenced in the market.<\/p><\/blockquote>\n<h3>Concerns about the future<\/h3>\n<p>With any new technology&#8217;s advent, concerns are always worth exploring. How will AI impact our businesses, our economy, and our lives? While it&#8217;s easy to get swept up in the excitement and hype, it&#8217;s important to consider the impact that artificial intelligence technology may have. Here are a few examples of the concerns that consumers hold about AI as we head into 2018:<\/p>\n<p>19. Increased automation has some people very concerned about the future of their jobs &#8211; and rightly so.<\/p>\n<p>For example, considering that one of the most anticipated uses of artificial intelligence in the coming years is to create self-driving vehicles, those in the trucking industry may have a reason for alarm. The American Trucking Association&#8217;s estimate shows that there are <strong>3.5 million US-based truck drivers who stand a 79% chance of losing their job due to vehicle automation<\/strong>. (<a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">2018 Webby Trend Report: This Automated Life<\/a>). But this is still several decades away, as we point out in our definitive guide on <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-start-a-trucking-company\/\" target=\"_blank\" rel=\"noopener\">how to start a trucking company<\/a>.<\/p>\n<p>20. This fear is not limited to one industry. The <a href=\"https:\/\/5ad7q3a4mi737b0ze2x0pml2-wpengine.netdna-ssl.com\/wp-content\/uploads\/sites\/4\/2017\/11\/2018_Webby_Trend_Report.pdf\" target=\"_blank\" rel=\"noopener\">Webby AI Trend Report<\/a> goes on to show that <strong>almost one-third of the people surveyed are concerned that automation may eliminate their job.<\/strong><\/p>\n<p>21. Concerns about AI extend beyond job loss to other life factors as well.\u00a0 <strong>45% of those polled worry that AI and increased automation may pose a privacy risk.<\/strong> (Webby AI Trend Report). In light of these concerns, understanding the framework of international AI compliance standards, such as following the <a href=\"https:\/\/www.wiz.io\/academy\/nist-compliance-checklist\" target=\"_blank\" rel=\"noopener\">NIST compliance checklist<\/a>, is becoming increasingly important for businesses and individuals alike.<\/p>\n<p>22. And a clear majority of the people surveyed &#8211; <strong>57%<\/strong> &#8211; <strong>reported concerns about the impact automated artificial intelligence will have on the world economy<\/strong> over the next 10 years.<\/p>\n<h3>What can we expect?<\/h3>\n<p>AI technology will perform many tasks in various business fields in 2018. Here are a few places you&#8217;ll find artificial intelligence next year&#8230;<\/p>\n<p>23. Businesses rely on market insight to strategize, plan and make product or service design choices. In 2018, AI technology will take on a larger share of the insight delivery process. According to an <a href=\"https:\/\/go.forrester.com\/blogs\/forrester-data-infographic-whos-driving-ai-adoption-in-the-enterprise\/?utm_source=forrester_proshome&amp;utm_medium=web&amp;utm_campaign=blog&amp;utm_content=link\" target=\"_blank\" rel=\"noopener\">infographic<\/a> from Forrester, <strong>31% of business tech decision-makers plan to implement AI technology to improve the delivery of their business&#8217;s insight services.<\/strong><\/p>\n<p>24. It logically follows that <strong>33% of business tech decision-makers anticipate that AI will aid in the improvement of products and services<\/strong> and cite this as a key benefit of artificial intelligence technology.\u00a0(<a href=\"https:\/\/go.forrester.com\/blogs\/forrester-data-infographic-whos-driving-ai-adoption-in-the-enterprise\/?utm_source=forrester_proshome&amp;utm_medium=web&amp;utm_campaign=blog&amp;utm_content=link\" target=\"_blank\" rel=\"noopener\">Forrester AI Infographic<\/a>).<\/p>\n<p>25.\u00a0<a href=\"\/\/\/home\/chronos\/u-77cf00896bd9cc3a3e9ced805480d2e3d21bfb7e\/Downloads\/AI_2018\/Outlook_On_AI_Enterprise2017.pdf\" target=\"_blank\" rel=\"noopener\">Narrative Science<\/a> reports that <strong>38% of businesses<\/strong> surveyed <strong>feel that providing predictions on the customer, machine, and business health is the most important service that artificial intelligence technology can provide.<\/strong><\/p>\n<p>26. <strong>27% of businesses<\/strong> that<strong> feel that the most valuable service AI can offer is\u00a0automating manual and repetitive tasks<\/strong>. (<a href=\"\/\/\/home\/chronos\/u-77cf00896bd9cc3a3e9ced805480d2e3d21bfb7e\/Downloads\/AI_2018\/Outlook_On_AI_Enterprise2017.pdf\" target=\"_blank\" rel=\"noopener\">Narrative Science<\/a>)<\/p>\n<p>27. In a world of constant media bombardment, people are learning the value of quiet as they seek to escape from all of the noise. It&#8217;s estimated that <strong>1% of the US population will spend roughly $24 billion using <a href=\"https:\/\/intellias.com\/machine-learning-artificial-intelligence-development-services\/\" target=\"_blank\" rel=\"noopener\">AI services<\/a> to filter out media<\/strong> that isn&#8217;t relevant to them. (<a href=\"https:\/\/go.forrester.com\/wp-content\/uploads\/Forrester-2018-Predictions.pdf?utm_source=forrester_lp_capstone&amp;utm_medium=web&amp;utm_campaign=predictions_2018&amp;utm_content=button\" target=\"_blank\" rel=\"noopener\">Forrester<\/a>)<\/p>\n<p>28. Intelligent agents are somewhat commonplace today. Amazon and Netflix are always ready with new suggestions for purchasing or watching. I&#8217;d wager that many of us don&#8217;t even notice the creepily accurate (sometimes outlandish or redundant) recommendations we see popping up on our screens. <a href=\"https:\/\/go.forrester.com\/wp-content\/uploads\/Forrester-2018-Predictions.pdf?utm_source=forrester_lp_capstone&amp;utm_medium=web&amp;utm_campaign=predictions_2018&amp;utm_content=button\" target=\"_blank\" rel=\"noopener\">Forrester<\/a> predicts that <strong>10% of purchase decisions with be guided by a platform&#8217;s intelligent agent<\/strong> or bot, starting the\u00a0 \u201creal economic impact of empowered machines.\u201d<\/p>\n<p>As you look ahead to the new year, it&#8217;s important to strategize to optimize your chances of success in our constantly evolving technological landscape. By all signs, artificial intelligence is just starting to find its place in our businesses and lives. We hope these statistics give you a better understanding of what to expect in the future.<\/p>\n<p><a href=\"https:\/\/www.crowdspring.com\/how-it-works\/?utm_source=csblog&utm_medium=smb&utm_campaign=cta\" target=\"_blank\"><img decoding=\"async\" class=\"alignnone size-full wp-image-35262\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2022\/05\/06164945\/small-business-blog-master-cta.png\" alt=\"\" width=\"700\" height=\"466\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every business owner and would-be entrepreneur should check out these 28 statistics about AI . Artificial intelligence will change our businesses and our lives. Are you prepared?<\/p>\n","protected":false},"author":25522,"featured_media":25453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1666],"tags":[],"class_list":["post-25448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>28 Ways Artificial Intelligence Will Affect Your Business and Life - crowdspring Blog<\/title>\n<meta name=\"description\" content=\"Every business owner and would-be entrepreneur should check out these 28 statistics about AI . Artificial intelligence will change our businesses and our lives. 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