Introduction
By now, everyone has heard the term AI and knows that it's
something to do with computers. But what does it mean?
Artificial intelligence is a broad term that refers to computers
being able to make decisions, learn new things and perform tasks
in ways that were previously thought impossible. It differs from
machine learning (ML) which involves data analysis but not
decision-making. In general terms, AI can be used to automate
tasks and processes across a wide range of industries including
health care and finance. However, there are some limitations
when it comes to using AI for these purposes; namely,
cost-effectiveness and lack of input from human workers who have
domain expertise (expertise within a given field).
How can AI be used to automate tasks and processes?
AI can be used to automate tasks and processes in the
workplace and at home.
- In the workplace: Automation is already transforming
industries like manufacturing, finance, and hospitality.
These changes create opportunities for businesses through
efficiency gains and cost reduction. AI-based automation
will also change how work gets done within an organization.
Although some jobs will disappear, many new ones will be
created as well. To succeed in this new environment, workers
must learn how to work with machines rather than simply
working alongside them; they need to become more creative
thinkers who can harness technology while remaining human at
their core.
-
In the home: A growing number of homeowners are using smart
speakers like Amazon Echo or Google Home to automate their
homes by turning lights on or off remotely from their phones
via voice commands, ordering food delivery services through
Google Express, playing music based on moods determined by
artificial intelligence systems trained on users’ listening
habits, etc. This trend will continue as more companies
introduce home automation products into the market that
allow people without any technical expertise whatsoever to
create customized solutions for managing everything from
lighting schedules to temperature control settings.
What are some ways that you can use automation in the
workplace?
You can use automation to:
● Reduce costs. Automation can be used
to reduce the number of people needed to complete a task, or
it can eliminate the need for certain kinds of workers
altogether. You’ll use less time and money on recruiting,
hiring and training new employees, so you’ll have more
resources available for other projects.
● Improve efficiency. It takes time for
humans to complete tasks because they make mistakes along
the way—and those mistakes cost us more than just money;
they slow down our processes and prevent us from getting
work done in a timely fashion. Machines don't make as many
errors as humans do, so by using AI instead of human labour
in some areas of your business you'll be able to get results
faster than ever before.
● Increase the speed at which things are
done by automating tasks that would normally take much
longer if done manually (such as filling out spreadsheets).
● Improve quality by building quality
assurance into automated processes so that any errors will
be caught early on rather than after they've caused damage
elsewhere in your system/company workflow.
What does it mean to automate a process?
Automation is the use of machines and algorithms to complete
tasks that would otherwise be done by humans. Automating can
allow you to do things faster, more efficiently, and at a
lower cost.
When it comes to business processes, automation can mean
that you’re able to automate certain steps in your process
so they don’t require human intervention. For example, if
you have an order fulfilment process where every order needs
approval before being shipped out then it might make sense
for some parts of this process – such as approving orders –
to be automated by AI software instead of having someone
manually approve each request individually. This could
potentially save your company time or money while improving
customer satisfaction with the overall experience they
receive when ordering from your business.
How do I start automating my team's processes?
To get started with automation, you need to identify which
tasks your team is performing manually that could be
automated. It’s also important to consider the following:
● The cost of automation – how much time
and money will it take to build and maintain a system? What
are the long-term maintenance costs? What kind of technical
skills do you have in-house? Do any of your current
employees have the sufficient skillset to build this system
on their own or would it be easier for them to work with a
specialist consultant or agency instead?
● The value of automation – what will be
gained from having an automated system in place versus doing
things manually? How much productivity can be increased by
automating certain tasks, freeing up more time for other
tasks that require human interaction (like building
relationships with customers)?
How does task automation work?
Task automation is when an AI system can run a task without
human intervention. These systems are designed to do
routine, predictable tasks that don’t require human
judgment. For example, an AI-powered system could be
programmed to follow up on leads in the sales pipeline and
generate monthly reports based on the information it
gathers.
Task automation can be used across several different
industries and functions—from customer service to accounting
and finance—to increase efficiency while reducing costs. By
using AI-based solutions for these sorts of tasks, companies
can free up resources (including their employees' time)
while improving quality control over the way they operate
their businesses.
Where can AI make a difference
AI can be used to automate tasks and processes, make
decisions, make predictions, or solve problems.
To see where AI can make a difference in your industry or
business, take a look at the following categories:
● Automation of repetitive tasks and
processes that involve manual labour or information
processing (e.g., customer service)
● Decision-making support for high-value
tasks that require human expertise to provide timely
insights (e.g., financial risk management)
● Prediction-making support for
identifying patterns in historical data sets that can be
applied to new situations (e.g., credit card fraud
detection)
Where's the best place to start
When you’re trying to automate a process, it can be helpful
to start by aiming for a small problem that you can solve in
one or two steps. To do this, first, break down the process
into its various steps and then figure out what needs to
happen at each step. For example, imagine that you have a
task that involves filling out paperwork for all of your
employees:
● You begin by identifying what needs to happen at each step
in the process (for example, create employee record ->
record employee hours -> pay employee).
● Next, try breaking down these tasks even further into
smaller pieces (for example, create an employee record ->
enter a name into the database).
From here on out we’ll assume that you have identified what
needs to happen at each step of your process as well as how
each piece fits together with other pieces. Now, all there
is left for us to do is focus on how we want our automation
tool (like Python) to use all this information For example:
Let's say we want our Python program to do something like
this "Create an employee record" - well maybe initially we
could just write code so that every time someone types
'create' onto the keyboard it opens up their web browser
which shows them where they need sign up for their new
job...
Human decision-making can be empowered by artificial
intelligence
AI can also be used to empower human decision-making. When
it is too complex or time-consuming for humans to make
decisions, AI can help them do so. It may be able to make
more accurate decisions than a human could, or it may simply
use data that would be unavailable to humans in the first
place.
For example, consider the process of assessing credit risk
by analyzing someone’s application for a loan (or credit
card). This involves looking at their financial situation,
income readiness and ability to repay debt. For this
assessment process to be effective, you need accurate
information about each applicant’s financial history and
current situation—and you can only get this information if
you have access to their bank account details and other
documents that contain sensitive personal information such
as bank statements or credit reports.
In some circumstances, decision-making can be automated
In some circumstances, decision-making can be automated.
However, many factors must be considered when deciding
whether or not to automate a task or process.
AI can help you make better decisions by providing
information that you may not have thought of before. AI can
also help you make more informed decisions; if your
organization has an established policy on the use of AI in
business processes and documents the results of those
policies (i.e., how frequently they're reviewed), then it
will be easier for others in your organization to understand
what kind of data is being used so that they know if their
own decisions about whether or not something can be
automated will be consistent with company standards and
expectations.
Conclusion
We hope this article has given you a better understanding of
how AI can be used to automate tasks and processes. It’s clear
that there are many benefits to automating your team's
processes, but it’s also important to remember that there are
some limitations as well. Remember that what works best for
one company might not work as well for another and each
business must find the right balance between human
decision-making and automated approaches. Our ultimate goal is
to empower human decision-making with artificial intelligence
so that we all can make better decisions faster!
Tim Davies
5 min read