Although ai is often used as a synonym for automation, the two concepts are completely different. While automation focuses on reducing the workload of specific tasks, artificial intelligence is more focused on transforming and optimizing work to achieve the best outcomes.

The difference lies in the extent of work that the tools https://virtualdataroomservices.info/aprio-versus-diligent-complete-board-portal-review/ perform and the method by how they accomplish this. Automation employs simple rules to accomplish tasks, such moving emails into designated files based on a set of requirements (or using an Excel formula). This is usually done using pre-programmed software, and is commonly used in business processes, such as executing tests or creating reports.

AI technologies, on the other hand use neuro-like pathways that are sophisticated to connect data points and learn from them in ways similar to the way humans operate. Take for instance Boston Dynamics’ robot Spot. It utilizes the information it gets from its environment to continually optimize its capabilities. This is the reason it’s different from traditional automation, and why its impact on workers will likely be more disruptive in the long run.

AI helps businesses work faster and more efficiently, while also eliminating human error. Its ability to recognize patterns, optimize itself and automate mundane and repetitive tasks enables it to take on the repetitive and tedious tasks that employees are not trained to perform. This allows them to focus on strategic and value-added tasks. This is the reason for the huge productivity gains that are observed in multifamily leasing today with more time focused on the most important tasks and better customer experience.