5 Ways AI Will Benefit Society and Entrepreneurs in 5 Years

Today, we discuss 5 ways AI will benefit society and entrepreneurs in 5 years.

Imagine a world where it takes less effort for us to get what we want. Back then, our parents had to visit the library to get a few pieces of information they needed for a simple task or ask someone who is an expert in the field. Later on, Google came about and they could search just about anything as long as it was to their specific needs. Now, we can simply ask AI language models just about anything and it will understand the task at hand and present solutions. It's like an all-in-one expert assistant. In just half a decade, Artificial Intelligence (AI) is set to revolutionize not just technology, but how we live and work. This blog explores five key ways AI is expected to benefit society and empower entrepreneurs by 2028.

5 Ways AI Will Benefit Society and Entrepreneurs in 5 Years

1. Improved Healthcare:

AI's potential in diagnostics and treatment personalization will transform healthcare. It will enable quicker, more accurate diagnoses, and tailor treatments to individual genetic profiles, improving patient outcomes significantly. For instance, AI is already making strides in personalized medicine. For instance, IBM's Watson can analyze the meaning and context of structured and unstructured data in clinical notes and reports to assist in treatment plans. In the future, we might see AI providing more precise personalized treatment recommendations based on a patient's genetic makeup. For the patient, this may mean a reduce in the need for a second opinion.

2. Enhanced Education:

AI-driven personalized learning platforms will offer students tailored educational experiences, adapting to individual learning styles and paces. This will democratize and improve the quality of education globally.

Personally, I think this can be a point of debate as the controversies continue between students, parents, and educators. Point being, this is a new phenomenon in the world of education. I still hold my stand that everyone should embrace this. We could look into an opportunity for teachers to better build their syllabus for the semester, and also integrate AI into the learning course. I feel it is important to teach students how to use AI rather than to ignore it. It's like moving forward from a simple calculator and drawing up lines of equations to using the financial calculator. Parents on the other hand can learn about AI to better regulate their children's usage.

Thanks to AI, better research can be done to help with sustainability.

3. Sustainable Environmental Solutions:

AI will play a crucial role in environmental conservation, from predicting climate patterns to optimizing energy use. Its data analysis capabilities can help in developing sustainable practices and mitigating climate change effects. AI is being used in climate change research, like Microsoft's AI for Earth program, which grants cloud and AI resources to individuals and organizations working on global environmental challenges. By 2028, AI could significantly contribute to predicting climate patterns and optimizing energy consumption in smart cities.

4. Efficient Entrepreneurial Workflow:

Entrepreneurs will leverage AI for task automation, from administrative tasks to customer service, freeing up time for strategic business growth activities. AI tools will also offer insights for informed decision-making. This, however, does not mean a loss of jobs necessarily. People in those positions will be able to use AI in enhancing their customer service level and cut down on wait times faced by customers as well as overwhelming traffic at times.

Also, startup founders can significantly save time and money with the use of AI and Software as a Service (SaaS) providers. Companies with great potential can be built within days rathe than months and we will see in improvement in innovation overall.

5. Advancements in Public Safety:

AI technologies in public safety, such as advanced surveillance and predictive policing, will enhance community security. These systems will analyze trends to prevent crimes and manage emergencies more effectively. This can already be seen in China. While they have cameras covering all angles and criminals have been reported to be apprehended in under half an hour from anywhere, this has been proven to be incredibly successful. Will we see this level of enforcement in other parts of the world too?

Since China's implementation of their surveillance program, crime rates have fallen significantly.

In conclusion...

As we look five years down the road, the integration of AI into societal functions and entrepreneurial endeavors holds the promise of a more efficient, safe, and inclusive world. By embracing AI, entrepreneurs can not only streamline their operations but also contribute to these broader societal benefits that contribute to a better tomorrow.