Study: Understanding the Benefits of AI | Page 30

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04 RESHAPING BUSINESS MODELS

“ AI solutions can be both evolutionary and revolutionary . We see both : enhancements that replace manual tasks and solutions that open up completely new dimensions via predictive maintenance or data analysis and deep learning .”
The experts surveyed for the study agree : beyond enhancing existing processes , AI above all has the potential to be disruptive , and over the next five to ten years can be expected to radically transform entire industries .
It is of course inherently difficult to predict the exact nature of this disruption . What is certain , however , is that upheaval can always be expected where three factors converge :
Conventional analysis does not work : AI , with its self-learning capabilities , can however identify patterns in the data and make predictions . 20
Release Manager , Software Corporation ,
Germany
Decisions are complex , but are based on constant rules : here , AI can be used to aid decision-making .
Labor costs are high : AI-based automation will be relatively expensive , especially at the beginning . At the same time , AI can automate more complex tasks than present technologies and can for example simplify or support middle management activities .