Ever since the boom of the Industrial Revolution, the world has constantly reinvented itself. Today, one of the biggest transformations happening in the workplace is machine learning, which could impact how you work. Its influence may affect everything from your career development to your employment opportunities to your employee benefits packages.
If you’re ready to embrace the future of work and learn more about how machine learning can change your workplace, read on for more information. You may be surprised by how much it can affect your life at work.
What Is Machine Learning?
Machine learning is a type of artificial intelligence that lets computers learn without being explicitly programmed. Machine learning is used in conjunction with data science — a branch of analytics focused on retrieving, cleaning, and converting into graphs or calculations — which enables businesses to make predictions. Traditional AI has required programmers to tell the system how it should react in specific scenarios. But machine learning systems independently discover relationships between different variables, thus requiring less programming for an AI model.
Benefits of Machine Learning
Companies are seeing the benefits of incorporating machine learning into business processes. Machine learning improves team communication, training, knowledge sharing, and management. Algorithms trained on data from past experiences can identify patterns in performance that human managers might miss.
Machine learning also provides more accurate assessments of employee performance and development than human managers can. Automated administration saves time for human resources professionals, making them better able to help individual employees with work-life balance or compensation needs.
Spotting Issues
Machine learning is used in various areas, from identifying technical issues before they occur to helping deliver on-demand resources. For example, advanced chatbots are used in companies that want 24/7 customer service without high staffing costs. Machine learning algorithms can also identify suspicious activities or flag potential fraud. Google Analytics also uses machine learning and can help you identify issues with your website. By tracking your unique visits, you can identify if your marketing and SEO strategies are effective enough. And by tracking your bounce rate, you can discover if parts of your website aren’t functioning or if your content isn’t engaging enough.
Improve Workplace Culture
Business process management automates and streamlines workflows, so your staff can concentrate on worthwhile and significant activities rather than "grunt" work. In addition to increasing employee engagement, BPM increases productivity, reduces user errors, and strengthens your company's balance sheet. When developing a BPM framework, continuously assess its efficacy and take action based on the monitoring data to enhance the process and output.
Develop Your Skills
Luckily, there are plenty of ways for people without extensive programming knowledge to learn what they need to know by earning an online degree. If a company you work for starts using new tech that you want to be a part of, it's never too late to try online schooling. Hone your machine-learning abilities and those for data mining, data management, and database applications when you get your bachelor's in data science. This may help you to better understand the processes and even push your company forward. Plus, online degrees help you learn on your own timeline and maintain a work-life balance. Explore degrees to stay competitive in this new machine-learning era.
Embrace Machine Learning for Business Growth
Machine learning is definitely altering the business landscape, so it’s important to learn what you can and embrace it for the benefit of your company. If you're looking to keep up with all the new AI developments, get yourself on a trajectory for success in a machine-learning world by going back to school for an online bachelor's degree in data analytics. Then embrace the growth you can experience with AI!
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