One of the cutest commercials from the Super Bowl involved Robo Dog and the new electric Kia Car. Robo Dog is envious of his real-world counterparts’ relationship with humans, so he leaves his storefront perch to pursue the same relationship with the driver of the electric Kia (https://lnkd.in/er5_Nte6).

Robo Dog’s persistence and loyalty are clearly on display as he jumps from rooftop to rooftop to track down his potential new owner. The commercial climaxes when Robo Dog leaps off a rooftop towards his new owner, only to run out of batteries mid-way. The screen goes blank, and then we see the owner saving Robo Dog’s “life” by charging him back to “health” with his Kia.  
The commercial concludes, and we are led to believe a lifetime relationship of compassion ensues.  

Robo Dog is super cute, and no doubt this was my favorite commercial from the Super Bowl. But could I love a robotic dog? It’s not too far from a real scenario as humans and technology are symbiotically tackling obstacles in the workforce and socially. 

IoT Technology is helping citizens remain healthier by monitoring their health.  Multiple intelligent automation solutions help humans work more efficiently to get home to their families earlier. Conversational AI can even talk to humans to help them receive vital aid.  These examples show that technology can Touch (IoT), See (computer vision), and hear (conversational AI) for us. But can it replace the sense of love?

Even the technologist in me is highly skeptical that Robo Dog could replace my love for dogs. But I can imagine Robo Dog being involved with my family in several ways — helping my kids study, running simple tasks for us, and keeping us safe at home — all things my mini golden doodles struggle to do.  

If Robo Dog were only $299 as he is in the commercial, an amazon drone would drop him at my doorstep this morning.

Until then, back to showing our love with flowers, balloons, and fixed price dinners

Artificial Intelligence (AI) technologies like Robotic Process Automation (RPA) and machine learning are the biggest disruptors in global business since the Internet. They are transforming work by stripping away mundane, repetitive tasks and freeing up people to handle more advanced tasks.

Many industries are seeing innovative solutions from unchained human staff, thanks to digital automation. Some of the well-documented sectors include healthcare—where about 86% of providers and companies use some form of AI—and information technology, which always has the pulse of latest tech trends.

However, other sectors are unlocking innovation in surprising ways by leveraging the strengths of both their workforces. In this series, we’ll cover other industries and how they find innovation through these means. 

Banking And Accounting

Banking and capital markets, unlike some industries, has consistently embraced rapid, disrupted changes. From online banking to virtual currency, banks, lenders, and other capital companies are always looking for new ways to increase revenue, cut costs, and accelerate profits. RPA has proven to do just that.

Digital workers can capture data from transactions, analyses, and reports and process them autonomously. Automation is already being used by banks to flag suspicious spending behavior, communicate with customers, validate credit screening data, and review wire transfers for fraud, just to name a few.

As for accountants: back in 2015, a study by Oxford University and Deloitte found that 95% of accountants would likely be impacted by advanced technology, specifically artificial intelligence. Meanwhile, the Committee for Economic Development of Australia (CEDA) predicted that up to 40% of that workforce could be automated by 2035.

“There is a lot of high-volume repetitive work you can use a bot for. It’s the same things over and over,” said Sonia Eland vice-president of IT firm DXC Technology. “A bot can hand work to a human and a human can hand work back to a bot, allowing humans to focus on issues requiring judgment such as approvals or analysis.”

“A new role for today’s accountants and auditors will emerge,” Eland said. “Training machine platforms with their knowledge and experience.”

In 2017, H&R Block used tax-code-trained AI to alert its accountants about deduction or claim opportunities on customers’ tax returns. Another opportunity for automation: processing loan applications. With a more efficient system, and resulting lower costs, it will start to make economic sense to extend low-cost loans to more people. More people with money to start businesses and buy homes could create more wealth and boost economies.

Let RPA Uncover Innovation For You

Partnered together effectively, digital workforces can empower human workers to focus on creativity and innovation and less on manual administrative tasks and mundane analysis. Let your company benefit from the freedom of your human workers, while saving time and money. Contact us today to find out how we can help.