Much like the internet revolution of the 1990s and 2000s, when having a website became essential for any business to operate and remain competitive, the next decade will define the ‘age of intelligence’.
In this era, businesses adopting AI into their operations will be able to scale their output without adding headcount and achieve more with fewer resources. We’re rapidly approaching a reality where a $1M business can be built with a 2 person team.
It won’t happen all at once, but we’ll soon be able to work with AI that helps us accomplish much more than we ever could without AI; eventually we can each have a personal AI team (trained AI agents), full of virtual experts in different areas, working together to create almost anything we can imagine.
For most organizations, people spend is the largest spend, far outweighing IT or Marketing budgets. I saw this in healthcare where headcount budgets are massive. And in project management where headcount is 100% of the cost.
1. What does AI mean for your business?
In 4 words: lower costs, higher margins.
In 20 words: lower costs, higher margins, reduced dependency on human labor for manual tasks, leading to a dramatic drop in labor costs.
Here’s an easy example of a use case:
Scenario: A healthcare provider spends $1.5M annually on 20 administrative staff for scheduling and insurance tasks, facing long patient wait times and frequent errors.
Solution: Implement AI voice agents to automate appointment scheduling, insurance verifications, reminders, and rescheduling, operating 24/7 without any wait time.
Outcome: Saves $1M annually by reducing administrative staff, decreases patient wait times by 50%, cuts insurance errors by 40%, and boosts patient satisfaction by 30%.
Value Proposition: Achieves lower costs, improved margins, scalable operations, and enhances patient care focus, creating a competitive edge in healthcare services.
2. How does Augment AI help?
Most founders and businesses however are still uninformed or not ready for AI solutions, keeping up with the development of AI and it’s use cases can be confusing, often misleading.
How do you separate the signal from the noise? What are practical, thoughtful, use cases that can be implemented in your business right now?
This is where Augment AI helps, we are a full cycle AI development studio that offers education, consulting, implementation, and maintenance of AI solutions for small to medium enterprises.
Education: Teaching businesses on AI use cases – what it is, its benefits, and how does it impact their industries. This helps bridge the gap for business owners who have no prior exposure to AI.
Consulting & Use-Case Identification: Working with businesses to analyze operations and identify high-value use cases for AI. This involves audits and prioritizing opportunities based on effort vs. value vs. spend.
Implementation: Building and deploying custom AI solutions. This is the majority focus of the team but can be seen as just one part of the value chain.
Maintenance & Optimization: Offer ongoing support to ensure systems remain effective and evolve as businesses grow.
The bottom line.
Here’s one narrow way to look at human history, technology brought us from the Stone Age to the Agricultural Age to the Industrial Age and then to the Internet Age. From here, the path to the Intelligence Age is being paved for us all. After years of scientific discovery and technological progress, we have figured out how to melt sand, add some impurities, arrange it at a tiny scale into computer chips, run energy through it, and end up with systems capable of intelligent autonomous actions and decisions.
At Augment AI, our mission is to put these systems into the hands of many businesses for an augmented, future-ready workforce where AI and humans work in harmony.