Artificial intelligence aims to automate repetitive tasks and covers a wide range of technologies, including chatbots, location services, and digital assistants. AI is expected to continue to grow with the market exceeding $300 billion by 2024.
AI will become more relevant in the workplace as companies use it to streamline business processes and eliminate manual tasks. Increased use of AI for data analysis will help companies gain better insight into their products and services and streamline workflows with activities such as payroll automation, budget forecasting, and compliance.