Artificial Intelligence (AI) is rapidly developing, and innovations continue to transform the modern world. While it’s something that some remain cautious about, AI advancements have the power to enhance your life.
They may become a part of your day-to-day lifestyle or an invaluable tool for your company. From monitoring your health to helping you to make data-driven business decisions, AI can save you time — so you can spend more on what matters most to you.
Intriguingly, Ernst & Young Global Limited (EY) completed a survey which discovered that 70% of UK respondents consciously used AI in their daily lives over a period of six months. The figure may actually be higher, as many don’t realise it’s already subtly woven into their lives through work apps or personal assistants, such as Alexa.
Read on to discover how AI could improve your life both in and out of work, helping to make your everyday life a whole lot easier.
AI could transform your financial processes and save time on tedious admin tasks
Interestingly, Sage explores how combining generative AI with automation can accelerate business performance and drive strategic progress. By streamlining manual tasks, like collating invoices and writing reports, your team will have freed up time to focus on more meaningful, high-impact work.
Sage offers a wide range of financial management software solutions, such as Sage Intacct, that harness the power of AI with Copilot, an AI-powered productivity assistant that helps you to:
Achieve faster, smarter decisions with detailed insights
Automate time-consuming accounting processes and save valuable time
Eliminate inefficiencies and increase your cash flow.
This is only a drop in the ocean when it comes to the full capabilities of Copilot — get in touch to find out more.
Three fascinating ways AI could also improve your day-to-day life
Life’s a balance between work and play — and making both easier matters. Reducing stress in our personal lives is just as important as streamlining work, so we can enjoy downtime with a clear head.
1. AI legal support could help you save time and money
We all know that sourcing the right legal support can not only be time-consuming, but expensive too. AI legal platforms could give you instant advice regarding legal questions you may have, so you’re better positioned to decide whether further action is required.
DoNotPay is a popular AI platform that’s built on the ethos of giving people power, so that they can contest unfair actions taken against them. It could help to:
- Dispute fines
- Assist with the cancellation of subscriptions
- Resolve consumer rights disputes.
For example, in the UK, it has gained popularity for helping users to contest parking fines. It guides users through the bureaucratic process with ease, automatically generating appeal letters based on user responses.
Meanwhile, Exploding Topics reports that many express concerns about AI replacing people, with 52% of people aged 18 to 24 worried that AI will negatively impact their future careers. However, legal apps like those mentioned are designed to eliminate a lot of the administrative tasks and FAQs from the workloads of firm’s human employees, so they can focus their time and energy elsewhere.
The same can be said for AI-powered accounting tools that help businesses operate more efficiently without replacing the need for human expertise. Sage software automates repetitive financial tasks, freeing up time for your finance team to invest in your business growth.
2. AI healthcare apps could help you monitor your health
Several AI-powered health apps are designed to track and manage various aspects of your mental and physical health journeys.
According to Cardiovascular Business Google’s new smartwatch feature, Loss of Pulse Detection, has recently been approved by the U.S. Food and Drug Administration (FDA). It’s designed to detect when a person’s heart stops beating during cardiac arrest, alerting emergency services if the user does not respond to the automated message asking if they are okay.
The European Medical Journal (EMJ) explains that while the technology still needs to be developed further to reduce the probability of false positives, innovations, such as Loss of Pulse Detection, could soon help to reduce the mortality rates relating to unexpected cardiac emergencies.
This is just one example of many AI medical tools available; while not a substitute for professional advice, it could help save time for both patients and healthcare providers.
Just as healthcare professionals can concentrate more on patient care with the help of AI, businesses can stay financially healthy with the right software. Sage’s financial management software has real-time reporting tools that give instant insights into your business, so you can be proactive rather than reactive to any upcoming hurdles.
3. Interactive AI personal assistants could transform your home life
You’re most likely already aware of the numerous interactive personal AI assistants available. Amazon’s Alexa continues to storm the market, with the upgrade to Alexa+ offering more conversational, smarter, and personalised support — at any time you want it.
From helping you to schedule appointments, optimising your smart home, or summarising complex topics, Alexa does it all so that you can:
- Save time
- Improve energy efficiency
- Better manage your schedule.
Combined with the ability to set up personalised commands that automatically complete tasks, such as turning off the lights or lowering the thermostat, it could help you make your day-to-day life a lot easier.
The same principle applies in the business world. AI-powered tools — whether in the home or in business — are all about simplifying tasks. Our tailored financial solutions do just that for your company, streamlining processes for smoother operations and helping you make the most out of your time at work.
AI is the future, so don’t get left in the past — contact us today!
Our Sage experts are always on hand to give advice, discuss which software would best suit your business needs, or to arrange a demonstration.
Please get in touch by emailing us at enquiries@solutionscloud.uk or calling 0115 840 5075.
Remember: We know that stepping out of your comfort zone — whether in life or business — can feel like a big leap. Yet, embracing the power of AI and the changes it brings could be an exciting opportunity to grow, innovate, and stay ahead of the curve.