** Democratization of AI Redefines Industries, but Raises Concerns
The democratization of Artificial Intelligence (AI) has transformed industries like finance, healthcare, and retail. This shift makes advanced technologies accessible to non-experts through low-code and no-code platforms. As a result, organizations can improve efficiency, enhance customer experiences, and drive innovation.
Benefits include enhanced operational efficiencies, improved customer satisfaction, and streamlined hospital operations in healthcare. The financial sector is expected to gain $1.2 trillion by 2030 with AI adoption. However, challenges arise from the integration of AI into decision-making processes, ethics concerns, and governance issues.
Source: https://dev.to/viitorcloud/democratizing-ai-transforming-industries-with-ai-power-1idf