Will AI one day be doing our taxes for us?
Possibly. Maybe. Or, more likely: The technology will probably be available, and it will be up to you whether you want to automate that work or not.
But there is already a Seattle startup called Kredos AI that is designing AI that will help you do your bills, and even offer advice for helping you build good credit.
So, if you hate doing your bills, you might have an AI buddy that will help you do them pretty soon.
For businesses, such technology, which you can bet will likely be matched and exceeded by big-name tech companies like IBM, can help analyze important financial data such as delinquent account losses.
In turn, the AI platform will be able to predict what accounts are most likely to default.
AI Is More Than Just ChatGPT
Although many people are continually dazzled by the language stunts of ChatGPT, which is now in its newest iteration under the name GPT-4, writing human-like communications is not all that AI can do for you.
In fact, AI can do things that are far, far less interesting than writing epic poetry, or even creating a memo you will circulate around the office.
Excitingly, AI can take care of a lot of the boring, mind-numbing tasks that are not boring because they are challenging or difficult, but because, well, it feels like a robot could do it.
Now, AI is not a robot, although AI algorithms are sometimes used for robots, such as this weird-looking dog-bot.
AI That Does Busywork Is A Big Draw for Business Owners
One of the biggest uses that business owners are finding is that AI can easily take care of time-intensive busywork.
For instance, processing bills and customer records can effectively streamline the operations in many businesses and organizations.
This may include hospitals, where workers can use AI that automatically processes the billing for patients. That way, human workers within the hospital will have more time available to help patients.
For business owners and employees alike, this technology will greatly increase productivity and job satisfaction. Additionally, you can bet that customer satisfaction rates will increase once your employees have more time available to address your needs.
With AI, you can automate the drudgery so that your workforce can focus on human-to-human interaction.
The Future of Busywork with Conversational Computing
This section will address the technologies that will likely be available to businesses in the near future, and should be looked out for.
AI that processes bills is very fine indeed, but imagine conversational computing AI like ChatGPT that not only analyzes those bills, but summarizes key findings.
This ability to quickly scan written content and create a concise explanation of the contents is one of the major strengths of current AI.
How that will convert to usefulness in business has yet to be discovered, because the technology is still evolving, month after month.
To bring back the healthcare example, AI that is implemented in the operations of a hospital may be able to analyze customer records and answer questions from nurses and doctors about a specific patient, making it easier than ever to streamline the flow of hospital operations.
Want to Use AI for Your Business? Let’s GO.
With ChatGPT, artificial intelligence finally had its “iPhone moment”.
Like smartphones, which were once a niche technology, AI is slowly becoming universally recognized as one of the most important and life-changing technologies of our era.
There are many business owners out there wondering how they can take advantage of AI. What they may not know is that plenty of businesses, including their competitors, are already using AI.
Right now, the technology is available to business owners. They just need to know where to look.
Guardian Owl Digital has a proven track record of working with businesses through its AI and machine learning initiative, GO AI.
This includes TouchUp, which will tell you how your customers will receive your creative marketing materials.
Predict+ offers up to 99% accurate predictions for important data such as customer churn rates or the prices of materials you order for your operations.
Persona modeling offers you key cognitive insights into your customer base, enabling you to improve your marketing and customer outreach efforts based on what your customers care about.
And that is just a few of the AI and machine learning solutions that we offer.
From finance to manufacturing to healthcare and beyond, any and every industry, and businesses of all sizes, can benefit from our affordable AI solutions.
So, what are you waiting for? GO AI today to grow your business.
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