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Influence of Artificial Learning is going to Increase There has not been a day when the power of Artificial Intelligence (AI) has stopped to enter the veins of every industry slowly. Since its inception in the 1950s, the technology is rapidly advancing and expanding its wings. The industry can presently see the influence in two different versions as machine learning and deep learning. Experts say that this is the year which is going to witness a genuine rise of AI. Machine Learning is helping enterprises in learning by statistics and self-learning with qualified data. Specifically, in the case of SAP solution industry, tech-gurus are betting on the deep learning algorithms to hit business, and they believe that those algorithms will change the way how business works. Robotics and the Emergence of Cyborgs Cyborgs are emerging, and the prominence in its usage is expanding. Industry will soon see that the world is turning into a land for testing as it is considered to be an ideal for machine learning and algorithms. Even experts are finding it difficult to predict the future as soon the day will come when the machines will bring in co-evolution with an extreme level of co-operation between human and machine. This collaboration has already been proved to be successful in the world of medicine, but the other industries are expected to experience the same very soon. Automation is Going to Transform the Industry’s Economic Structure It is quite clear that automation is going to change the workflow and the complete structure of work with its advancements in technology and ease in the work that it offers. But the bigger picture is here, how the workforce is getting affected, and the digitalization of the economy is taking place. Automation will soon take over the employment industry and replace multiple jobs in the market. Every company is focused on managing a contingent workforce and enable better training during the hiring process. With the application of automation into its workforce, the entrepreneurs are expected to get relief from certain problems and experience more economically stable condition. The world says that the people are aware that the wind is coming yet they are taking no steps to prevent it. They realize how the technological transformation is taking place, but they are doing nothing to address that, which is considered to be a major problem. But the experts apparently say that the main point is not how these futuristic technologies are helping businesses satisfy customers or enhancing market or economy, the way how they work together and bring value to the business is what matters the most. | JULY 2017 15