Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » AI and automation: Global transformation
    AI transforms industries, boosts the economy, and requires human oversight to optimize benefits and mitigate risks.
    AI transforms industries, boosts the economy, and requires human oversight to optimize benefits and mitigate risks.
    AI

    AI and automation: Global transformation

    By Lucia MeiMay 24, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Artificial intelligence is increasingly integral across multiple sectors, including transportation, healthcare, and media. It’s transforming practices such as autonomous vehicle development, disease detection, and content creation. Major corporations and institutions invest heavily in AI, recognising its potential to streamline operations and enhance human capabilities.
    • AI’s rapid evolution promises substantial economic benefits, potentially adding up to $15.7 trillion to the global economy by 2030. Its adoption accelerates efficiency and innovation, driving forward industries and economies at an unprecedented rate. Companies are particularly interested in AI for its ability to optimise and automate processes.
    • While AI automates tasks, human oversight remains critical to manage and correct AI outputs, such as “AI hallucination” where AI generates plausible but incorrect information. The collaboration between AI and human intelligence is essential for maximising productivity and mitigating risks associated with unsupervised AI applications.

    Artificial intelligence (AI) is significantly transforming industries by automating and enhancing processes, with a projected addition of $15.7 trillion to the global economy by 2030. Key sectors like transportation, healthcare, and media have adopted AI to improve functions such as autonomous vehicle operation, disease detection, and content generation.

    However, the integration of AI necessitates careful human oversight to correct errors and manage outputs, especially to address the issue of AI generating misleading information. The synergy between AI and human input is crucial for maximising efficiency and ensuring the reliability of AI applications across various fields.

    AI economic impact

    Artificial intelligence is poised to significantly boost the global economy, with predictions estimating a potential increase of $15.7 trillion by 2030. This surge is expected as AI enhances efficiencies and opens new avenues for innovation across various sectors. Industries such as healthcare, automotive, and finance are particularly poised to benefit from these advancements, leveraging AI for everything from disease detection to autonomous vehicle navigation.

    Also read: Meta’s all-white male AI council sparks diversity concerns

    Industries adopting AI

    AI’s influence is rapidly permeating various industries, driving a significant shift in operations and capabilities. In transportation, AI is critical in developing autonomous vehicles, while in healthcare, it improves disease diagnosis and treatment plans through data analysis. The media sector also utilises AI to automate content generation, reducing the time needed for producing news articles and reports. This widespread adoption underscores AI’s role as a transformative technology across different fields.

    Also read: DELL introduces AI-capable products, ties deeply with NVIDIA

    AI and human collaboration

    Despite AI’s capabilities in automation and data processing, human oversight remains indispensable. AI systems, while powerful, can still produce errors such as generating plausible but incorrect data—a phenomenon known as AI hallucination. Thus, maintaining a balance between AI automation and human intervention is crucial. Humans need to monitor and adjust AI outputs to ensure accuracy and relevance, especially in critical fields like journalism and healthcare, where inaccuracies can have significant consequences.

    AI automation
    Lucia Mei

    Lucia Mei, an intern reporter at BTW Media dedicated to tech-trends, fin tech and IT infrastructure. She graduated from Anhui university of science and technology. Send tips to l.mei@btw.media

    Related Posts

    HPE completes Juniper deal under DOJ terms

    July 7, 2025

    RigNet Pte Ltd: Delivers cyber‑secure offshore operations

    July 7, 2025

    Fujitsu Asia: People‑AI vision drives APAC digital growth

    July 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.