According to one research findings, undertaken by Aayush Bhatnagar in India, approximately 6.8 billion or 84 percent of the world’s population, have never used AI.
It reveal that AI adoption globally is at an early stage.
However, younger population in the age group (18–35) along with highly educated people reports to use AI as high as 90 percent.
It is the reminder that still the maximum of the total population are in the struggling phase of absorbing and learning A I. Different groups may be seen using AI tools in daily life such as GPS, CHATBOTS etc etc while AI still in a very early stage.
World witness now even much advance AI in the market, which is named as, “Agentic AI”. Isn’t it the fastest growing field?
Actually it is the advance form of Advance Intelligence, that focus primarily on autonomous decision making that require action. Unlike typical AI functions, it can work independently that earlier human used to do. That is, it can respond to command, analyses data in order to set goals and further plan to execute tasks with minimum intervention of human experts. This very important task of Agentic AI will bring revolution in the industrial sector. It has the potential of automating complex processes and take up optimisation excersises, which was the responsibility of human experts.
One can easily infer that Agentic AI is bringing great Revolution in industries with it’s autonomous decision making and other capabilities as well. It is more then the typical AI functions, such as analysing data, setting goals and executing tasks assigned with minimum human role. This advanced form of AI is no doubt transforming the industrial and manufacturing sector, health care, finance and logistics by enabling maintenance, taking care of supply chains and improving customer experiences.
In manufacturing it takes care of maintenance, minimising defects and optimising protection schedules.
In the field of health care it can make recommendations for treatment while in the Finance sector most important task is of fraud detection and guide for personalised financial planning.
Logistics also an important sector here executing tasks of optimising supply chains, predicting disruptions and inventory management.
At this stage it is important to find the benefits of Agentic AI? Why it is becoming popular?
Important benefits are:
Upto 40 % reduction estimated in the operational cost
Almost 20–30% increase in revenue through AI powered personalisation
Enhanced compliance and risk management
Agentic AI is predicted to reduce the human intervention in the work. This leads to the negative aspect, that is, Risk of Unemployment.
Job displacement or risk of unemployment is supposedly a huge issue and concern of the people, should be rightly.
With all the above mentioned benefits to the businesses and leaders, there is a great concern raised regarding jobs….as Agentic AI will minimise the human intervention perticularly in roles involving daily routine and repetitive tasks.
However, the good news is, it will create new opportunities in the field such as in areas like maintenance and development of AI and at strategy side. To remain in the field it is wise to upskill and reskill the workforce to compliment Agentic AI’s capabilities.
Time to start thinking and taking action to remain in the field. Infact need is to take immediate action on the issue.
