“Experts Predict Massive Integration of Generative Artificial Intelligence Across Business, Commerce, and Consumer Sectors in the Next Decade”
In recent times, Generative Artificial Intelligence (GAI) has captured global attention for its astonishing ability to create original content that appears to be crafted by humans. Fueled by machine learning models, GAI processes vast datasets, learning patterns and relationships to generate texts, images, music, audio, and videos practically indistinguishable from human creations.
The upcoming decade is poised for an economic transformation driven by the massive integration of GAI. Technology experts, including payment specialist Mastercard, anticipate this revolution extending across business, commerce, and consumer sectors, with the emergence of new applications in critical areas where security and data handling are paramount.
In particular, Mastercard envisions the widespread use of ‘bots’ in the economy and commerce. These automated computer programs, operating via the Internet, will perform repetitive and predefined tasks rapidly, mimicking human actions. This technological advancement promises increased efficiency and cost reduction across various industries.
Security and data management are critical elements in this landscape. GAI applied to sensitive sectors will ensure more effective and secure information management. In this regard, Mastercard emphasizes the importance of adopting these technologies in areas where financial data and privacy are top priorities.
The transformation extends beyond task automation, with GAI becoming a key tool for personalized experiences in the commercial and consumer realms. The ability to understand and anticipate individual needs will enable more effective marketing and the creation of products and services tailored to specific demands.
So we can say the next decade is poised to witness an economic revolution propelled by Generative AI. From task automation to personalized experiences, the impact of this technology will permeate various sectors, defining a new paradigm at the intersection of artificial intelligence and economic activity.
By Orlando J. Gutiérrez