by Analytics Insight
April 23, 2022
Augmented intelligence is driving with the assistive role of artificial intelligence
Augmented intelligence is considered an alternative conceptualization of artificial intelligence that focuses on the assistive role of AI.
While AI is the creation of machines to perform and react like humans, augmented intelligence uses those machines to augment the human’s capability.
Augmented intelligence entails people and machines working together, playing to their strengths to accomplish greater business value.
Augmented intelligence is the most popular AI technology, next to virtual agents, to create value for businesses.
As the future of decision-making involves a creative blend of data, analytics, and AI, it gives the birth of augmented intelligence where the analytical power and speed of AI takes over the majority of data processing.
With increasing power to transform business decision-making, the augmented intelligence market is set to reach US$74,620 million by 2027, at a CAGR of 35.4% during 2020-2027.
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