Artificial Intelligence ( AI ) is a computer system that can perform tasks taht typically require human intelligence. This system enhances decision-making, automates tasks, amd improves customer experience. Artificial Intelligence ( AI ) can reduce unemployment is several ways :
a) Job creation - AI creates new job opportunities in field like AI development, deployment, and maintenance.
b)Lifelong learning - AI supports continuous learning, helping workers adapt to changing job requirements.
c) Skills training - AI identifies skill gaps and provides personalized training recommendations, helping workers upskill and reskills
Machine Learning (ML) is a subset of AI that enables machines to learn from data without explicit programming
a) Increased competitiveness - ML adoption makes businesses more competitive, leading to expansion and job creation.
b) Improved customer services - ML powered chatbots and virtual assistants enhance customer service, creating new job opportunities.
c) Data analysis - ML enables enables businesses to extract insight from data, leading to new business opportunities and job creation.
Internet of Things ( IoT ) refers to a network of physical devices, vehicles, and sensors that collect and exchange data
a) Supply chain optimization - IoT optimizes supply chains, reducing costs and increasing efficiency, leading to job creation.
b) Data Analysis and insights - IoT generates vast amounts of data, creating jobs in data analysis, interpretation, and decision-making.
c) Increased efficiency - IoT optimizes processes, reducing waste and increasing productivity, leading to job creation.