Sunway College Kathmandu, in association with the Nepal Chamber of Commerce IT Committee, recently organized the program AI and Data Science: Empowering Nepali Business in the Digital Age. One of the key speakers, Dr. Roshan Koju, Director of the Social Security Fund, shared valuable insights into how artificial intelligence (AI) and data science are transforming government and business operations in Nepal. As AI continues to revolutionize industries worldwide, it begs the question: What is the scope of artificial intelligence, and is it the future?
The answer is a resounding yes. AI is not just the future - it is the present, reshaping industries and creating new opportunities across sectors like finance, healthcare, education, and cybersecurity. Let’s explore the vast scope of AI and how it is revolutionizing the way we live, work, and do business.
The Expanding Scope of Artificial Intelligence
1. Job Automation
One of the most significant impacts of AI is job automation. As AI systems become more advanced, they can take over repetitive tasks, allowing humans to focus on more complex, value-driven work. This automation has already transformed industries such as manufacturing, transportation, and logistics, where robots and AI are used for assembly, inventory management, and delivery.
In the job market, AI is not only replacing certain roles but also transforming others, creating a demand for new skills. Workers will need to upskill to remain competitive in an increasingly automated world. Moreover, AI is being used in recruitment and talent management, with algorithms capable of analyzing resumes, identifying top candidates, and even predicting their success.
2. Personalized Learning
AI is set to revolutionize education through personalized learning. AI algorithms can tailor educational content to suit individual learners’ needs, styles, and paces, leading to improved learning outcomes. This technology is already being used in adaptive learning platforms and AI-driven chatbots that offer personalized support to students.