In 1955, Stanford Professor John McCarthy, a computer and cognitive scientist coined the term artificial intelligence (AI). Now, nearly 70 years later, the ability for machines to simulate human intelligence is creating global impact across industries. Today’s AI technology helps organizations solve problems and make fast, data-driven decisions cost-effectively and at scale.
Rather than replace humans, the technology is meant to enhance their productivity—a compelling business proposition. According to Statista, the market revenue for artificial intelligence may grow to more than 1.5 trillion by 2030. This continuous innovation will continue to shape the way associations work and serve members well into the future.
As the technology becomes more mainstream, associations that have become acquainted with the technology and its uses earlier will be better positioned to leverage the latest innovations to further enhance the member experience and improve organizational efficiency. If you haven’t already, a good place to start leveraging the power of AI is with your association management solution (AMS).
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