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Posted 11 November 2020
When people hear someone say “AI,” they immediately think about jobs going away. Even without AI, there would still be jobs lost. As long as humans are innovating, there will be competition. But people are scared that it might cause more harm than good because employers are laying off people due to this innovation.
Some people are beginning to notice this, and they are now taking courses online. They can obtain skills that AI doesn’t already do; these skills could be coding, writing software, and learning how to advertise (Media buying).
People know that companies will always need developers for their projects. The developers made the AI, so it still needs to be updated. Yes, the AI can function independently, but it’s still humans that’ll add new features to it. The fact is that, when an AI (Machine) gets invented by developers (Engineers), there will be fewer developers (Engineers) that would be needed to make sure the AI (Machine) is at its best. And that’s why we see massive layoffs year after year.
Some of the people laid off go-ahead to start an Ad agency. They know that most of these companies are old fashioned and might not know how to advertise online. These Ad/social media Agencies can help make them relevant online.
Businesses are always looking for more buyers (Customers), especially when everything is shifting online. They’re willing to pay these agencies upfront for results. If these agencies deliver, then they will increase spend.
Yes, some people have started an Ad or social media agency and made millions of dollars. But it’s still hard to get new clients, especially if you are just beginning.
Some people who own Ad/Social media agencies didn’t even take any course to learn how to grow one. They had no experience and just went out to get clients. However, some succeed, but if you are just starting and don’t know a thing or two about running this kind of business, you need a hint.
There are many courses out there you can buy. These courses are often sold by those who are doing what they are teaching.
Tech is good, so here are the reasons why your business should invest in them:
1. They Are Faster
Not only do we see new technology every year, but we see technologies that blow our minds. The speed they have in doing things that could take humans hours is incredible. There are now robots that can cook, bake cakes, and flip buggers.
Yes, they are now taking over the jobs of humans. But as a business owner, it’s a good thing for you. Now customers don’t have to wait that long to get their food ready.
2. Low cost
With tech, business owners are saving big. Just a one-time payment to acquire the tech, and you’ll surely get back returns within a year or two.
Amazon bought Kiva systems for hundreds of millions of dollars so that they can utilize their technology. Yes, the robots added speed to their fulfillment process, but there's something for sure that it does, which is, saving money. That investment move by Amazon has saved it billions of dollars.
Once a robot gets invented or bought, it drastically reduces the cost of operating a business. Imagine owning a pizza shop, and you bought a robot that can make three hundred pizzas per hour; imagine how much you can save and how much you can make.
3. Efficiency and quality
Hey, there are things at least for now tech isn’t good at, but they are the best in efficiency and quality. Yes, there are flops sometimes on the side of technology, but they often get better in the long run. With machine learning, these innovations often update to meet standards and deliver a better service.
Companies are investing heavily in machine learning, and they are always working with the best developers out there to make sure their products stand out from competitors.
When things go as planned, customers will be pleased. Humans can make mistakes, so does AI, but you can’t compare. It was indeed humans that made these robots, but humans are always thinking of something else. They can be sick, which drastically reduces their performance, and they can even forget what they learned.
Once a robot is programmed to do something, or else there’s a fault in the code, or something went wrong, then it will malfunction. Technology is very accurate and reliable.
If you store information in a locked iron box, that doesn’t mean the data is safe. Have you asked yourself why there is less money in a bank location? The banks know that it’s risky to have so much in an area with low security, so they prefer to transact digitally.
An online bank can get hacked, but the bank can quickly trace the hack and recover money stolen. Yes, they can get back their money, but it costs them a lot to do that, and that’s why they work hard to make sure they never get hacked.
Most banks and websites also work with online security companies like Cloudflare to defend their sites in a cyberattack.