The evolution of gadgets from symbols of luxury to engines of empowerment shows a profound shift in the way we work and make money. This transformation, fuelled by the advent of artificial intelligence (AI), has not only redefined the utility of these devices but also unveiled their potential as real avenues for wealth generation.
The essence of AI in revolutionising gadgets lies in its ability to learn, adapt, and execute tasks. This fosters an environment where technology not only assists but actively contributes to our objectives. AI’s brilliance enables gadgets to anticipate needs, personalise experiences, and automate tasks. This intelligence transforms gadgets from mere tools to active participants in our daily endeavours.
An artificially intelligent future
The list of possibilities is endless. Palm-of-the-hand AI-driven smart investment platforms now demystify the world of investing, offering tailored advice and automating trades to nurture wealth with precision and insight.
For the creative mind, AI-infused cameras and software elevate content to a professional level streamlining the path to monetisation through enhanced quality and efficiency.
In that respect, the new Apple Vision Pro marks a significant leap in the realm of spatial computing, introducing what the tech company touts as the world’s first device of its kind.
Despite some early glitches, this innovative gadget blurs the boundaries between the physical and digital worlds in a way that feels both intuitive and remarkably fluid. Unlike conventional augmented reality (AR) devices, the Vision Pro doesn’t just overlay digital information onto the real world. Instead, it recreates your surroundings and projects them into your vision using a pair of high-definition screens that nearly achieve 4K resolution.
For individuals, it could foster new avenues for monetisation through the development of an app. This would involve leveraging a sophisticated blend of tools and frameworks designed for spatial computing – a realm that marries digital elements with the physical world.
The revenue potential for apps developed is vast and varied, driven by the platform’s capabilities to offer unique, immersive experiences. For instance, by utilising SwiftUI for intuitive UI design, RealityKit for lifelike 3D rendering, ARKit for augmented reality overlays, and Unity for engaging gaming experiences, developers can craft applications that stand out in a crowded market. These apps can cater to diverse sectors including education, entertainment, retail, and professional training, offering users new ways to learn, explore, and shop within their own space.
Beyond this, and in the realm of e-commerce, AI gadgets can now optimise operations from inventory to customer interaction, catalysing sales, and operational efficiency to bolster profits.
AI-equipped tools also empower freelancers to refine their craft, whether through writing, design, or planning, thus enabling higher earning potential through superior service delivery.
In South Africa, the applicability of AI-powered gadgets presents a unique and transformative opportunity. With its vibrant economy and burgeoning tech scene, we stand poised to harness these innovations, propelling us all towards enhanced economic participation and prosperity.
AI can revolutionise sectors from agriculture, where precision farming gadgets can increase yield and profitability, to education, where personalised learning tools can bridge knowledge gaps.
Our entrepreneurial spirit can leverage AI in fintech, improving access to financial services and enabling personalised financial advice for the broader population. This vision aligns with the nation’s goals of technological inclusivity and economic growth, showcasing the role AI gadgets can play in uplifting communities and fostering a culture of innovation and financial independence.
Read More: Increasingly sophisticated AI systems can perform empathy, but their use in mental health care raises ethical questions
But before you get too carried away, do not forget the human element in all of this. As I suggest in my new book Age of Agency: Rise with AI, the human element is critical. The essence of technology’s empowerment lies not just in its ability to perform tasks or analyse data, but in its capacity to augment human creativity, intuition, and decision-making. This symbiotic relationship between humans and machines underscores the importance of maintaining a human-centric approach in the development and deployment of AI technologies.
The true potential of AI is unlocked not when we allow it to replace us, but when we use it to enhance our unique human capabilities. It is in this nuanced partnership that we find the pathway to sustainable growth, ethical innovation, and a more inclusive economy that benefits all sectors of society.
This approach ensures that as we journey through this Age of Agency, we do so with a keen awareness of our shared humanity, ensuring that technology serves to amplify our human spirit rather than diminish it.
This guest column was written by Kerushan Govender, founder and CEO of Blacfox. Blacfox is a marketing strategy consultancy focused primarily on the tech sector serving some of the world’s largest brands like Microsoft, SAP, VMWare, and LexisNexis. Kerushan Govender on LinkedIn.