Home » Pascal Bornet Shares How Intelligent Automation Could Potentially Save 10 Million Lives and Tens of Trillions 

Pascal Bornet Shares How Intelligent Automation Could Potentially Save 10 Million Lives and Tens of Trillions 

by janeausten
intelligent Automation

Pascal Bornet has been recognized for his contributions to intelligence automation and robotics in various capacities, including as a leading expert, author, speaker, and influencer. As the creator of the Intelligent Automation (IA) movement and author of seminal work in the field, he has made significant contributions to the development of IA. He is consistently named one of the world’s top 10 artificial intelligence and automation experts, and he has won many awards for his work in the field.

Bornet is a contributor to various publications, including The Times, Forbes, Bloomberg, and McKinsey Quarterly. Not only does he have over a million social media followers, but he is also a tech lecturer at multiple universities. He sits on the Board of Directors or serves as a Senior Advisor for various businesses, non-profits, and academic institutions. He is a member of the Forbes Technology Council and the Institute of Robotics, Process Automation, and IA.

Bornet is also an experienced senior executive, having spent 20 years or more at McKinsey and EY, where he managed more than 500 people and established their “Intelligent Automation” practices.

He is credibly attributed with helping to create Intelligent Automation, a new type of technology that uses machine learning, robotic process automation, natural language processing, and computer vision to automate entire business workflows.

Among the newest ideas in Machine learning is IA, also known as hyperautomation. Robotic process automation (RPA), machine learning, workflows, low-code platforms, and many others are all part of IA, along with other methods and technologies such as digital transformation, project management, and change management. In an interactive configuration, its goal is to automate all steps of a business process.

IA revolutionizes how we do business and provides excellent service to customers and patients. According to Gartner’s prestigious research firm, this will be the single most significant technological development in 2021.

Every company in the world uses a “Procure to Pay” end-to-end process, and IA makes it possible to automate its entirety, from vendor selection (machine learning), to order dispatch (workflow platforms) to invoice reception and processing (natural language processing), to payment (with RPA).

He writes in his book that Intelligent Automation (IA), one of the newest breeds of artificial intelligence, has the potential to improve our world.

By preventing premature deaths, Bornet proves that IA could save the lives of more than 10 million people. In developing nations, in particular, it helps with clinical trials and disease diagnosis, cuts down on medical errors, and lessens the number of preventable deaths.

By lowering the rates of fraud, errors, and occupational diseases and accidents, IA can save an additional $10 trillion annually in preventable financial losses. The money saved could end world hunger, protect the environment, or triple the world’s education budgets.

The financial and healthcare systems’ ability to withstand shocks and epidemics are both greatly strengthened by IA.

Additionally, IA improves the experiences of both customers and employees by a significant margin (anywhere from 20 percent to 60 percent) and boosts productivity within businesses by the same margin.

He argues that adjustments must be made in education to meet the needs of future jobs. The strategy must center on the areas where humans have a distinct advantage over machines (well). Changing the workforce’s focus from “knowledge workers” to “insight workers” is essential. We believe that learning new things quickly and easily is the most important of these abilities.

Economists claim that technology is to blame for the widening wage gap. To further ensure that IA positively impacts our world, it is crucial that the wealth it generates be distributed to those who need it the most. Universal Basic Income is a mechanism for distributing wealth to guarantee a minimum living standard to all citizens, regardless of their employment status. Furthermore, UBI helps free people from the obligation of working to support themselves, allowing them the flexibility to contribute to society in whatever way they see fit.

Changing how we define “work” is the third must-do. The work we did today highlights some harsh realities. According to international studies, stress at work is responsible for twice as many deaths as automobile accidents and forty times as many deaths as wars. Additionally, 85% of the working population is unhappy with their jobs.

This could be a call to rethink the nature of work in the future, especially if wealth-sharing mechanisms like UBI back it. Taking care of others and the planet, doing work we’re passionate about, and inventing novel ways to relax could all figure into the reimagined definition.

Rethinking schooling in the light of the shift mentioned above in how work is defined is the fourth must-do. The focus of education should shift away from preparing students for specific occupations. 

The last imperative is to build a more human society by using the four first imperatives as a basis: a potential society freed from what we call “work” today, adopting a new culture focused on humanity and values and respect for the environment. Governments play a critical role in designing and redefining societies that can adapt to this new reality. Institutions, as they have done before in history, must take the initiative to assist in reorienting societies’ values, beliefs, and practices. To do otherwise would almost certainly pave the way for widespread unrest.

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