Will AI Change the Future of Decision Making?
Artificial intelligence is proving to be one of the transformational technologies of the 21st century which can profoundly turn many aspects of our daily lives upside down. We already consume content recommended to us by Netflix, get barraged by targeted ads and can barely wait for the near-future when self-driving cars revolutionize our logistics.
It is evident that age-old trade of decision-making has already also benefited from AI. Mundane decisions can be automated, saving valuable time for focusing on more important cases that need thorough preparation. Banks may use AI to automate loan approvals or Immigration Services the granting of citizenship in clear-cut cases, leaving the more problematic ones for a human to solve.
But surely the role of AI in decision making is only handling the mundane and the tedious cases? Surely complex, strategic decisions are best left entirely in the hands of homo sapiens? After all, the current state of AI can be described as the idiot savant; immensely good at the narrow task handed to it. As the complexity of the task increases, so decreases the utility of AI.
Well, yes and no.
What if your AI assistant could warn you in advance about making a bad organizational decision or predict a bad outcome? If the AI could guide you in finding the optimal number of stakeholders (or even the stakeholders themselves!) and warned if your execution is about to get bogged down in too many active tasks?
Sounds like science fiction and 20 years from now? Not really. Fingertip has built the world’s largest database of business decisions, that helps us predict the outcome, understand the sentiment of stakeholder involvement and above all make better decisions in the ordinary business life. We are working on implementing new AI capabilities in our product that we believe will increase the quality of your decisions.
AI is not about to steal the power of decision-making from you, but it is about to make it a whole lot easier. Imagine what this will do to your business – or the competition?