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AI Benefits for Business: Revolutionizing Industries and Driving Growth
By Dr. Anya Sharma, PhD in Computer Science & AI, CEO of InnovateAI Solutions
Published by TechForward Insights, a leading publisher of technology and business analysis reports, renowned for its in-depth research and expert commentary.
Edited by David Chen, seasoned editor with 15+ years of experience in technology journalism and a strong background in AI ethics and applications.
Keywords: AI benefits for business, artificial intelligence, business intelligence, AI applications, machine learning, deep learning, AI strategy, AI transformation, automation, productivity, efficiency, competitive advantage
Summary: This article delves into the transformative impact of artificial intelligence on businesses across various sectors. It explores the key AI benefits for business, including increased efficiency, improved decision-making, enhanced customer experience, and the creation of new revenue streams. We examine the implications of AI adoption, the challenges businesses face, and strategies for successful implementation.
Introduction: Harnessing the Power of AI for Business Success
The rise of artificial intelligence (AI) is reshaping the business landscape at an unprecedented pace. No longer a futuristic concept, AI is becoming a crucial tool for businesses of all sizes, offering a wide array of benefits that can significantly impact profitability, efficiency, and competitive advantage. Understanding and leveraging these AI benefits for business is no longer optional; it's essential for survival and growth in today's dynamic market.
1. Enhanced Efficiency and Productivity through Automation:
One of the most immediate and tangible AI benefits for business is automation. AI-powered systems can automate repetitive, time-consuming tasks, freeing up human employees to focus on more strategic and creative endeavors. This includes automating data entry, customer service interactions, and even complex manufacturing processes. The result? Increased productivity, reduced operational costs, and a faster turnaround time for projects.
2. Data-Driven Decision Making with Advanced Analytics:
AI excels at analyzing vast amounts of data far beyond human capabilities. This allows businesses to gain valuable insights into customer behavior, market trends, and operational inefficiencies. By leveraging AI-powered analytics, companies can make more informed, data-driven decisions that lead to improved strategies, reduced risks, and increased profitability. This is a critical AI benefit for business in today's data-rich environment.
3. Personalized Customer Experiences for Increased Loyalty:
AI empowers businesses to personalize customer interactions at scale. Through machine learning algorithms, AI can analyze customer data to understand individual preferences, needs, and behaviors. This allows for the creation of highly personalized marketing campaigns, product recommendations, and customer service interactions, leading to improved customer satisfaction and loyalty.
4. Improved Customer Service and Support:
AI-powered chatbots and virtual assistants are revolutionizing customer service. These systems can handle a large volume of inquiries simultaneously, providing instant support and resolving common issues 24/7. This not only improves customer satisfaction but also frees up human agents to handle more complex cases, further optimizing customer service operations. This is a key AI benefit for business looking to enhance customer relationships.
5. Innovation and the Creation of New Revenue Streams:
AI is not just about optimizing existing processes; it's also a powerful engine for innovation. By identifying new patterns and insights in data, AI can help businesses develop new products, services, and business models. This can lead to the creation of entirely new revenue streams and significant competitive advantages.
6. Risk Management and Fraud Detection:
AI algorithms can identify patterns and anomalies indicative of fraud or other risks. This is particularly valuable in financial institutions, e-commerce businesses, and other industries susceptible to fraud. By proactively detecting and preventing fraud, businesses can protect their assets and maintain customer trust. This is a significant AI benefit for business in sensitive sectors.
7. Enhanced Cybersecurity:
The growing threat of cyberattacks necessitates robust security measures. AI can play a vital role in enhancing cybersecurity by detecting and responding to threats in real-time. AI-powered systems can identify malicious activity, prevent data breaches, and protect sensitive information. This is a crucial AI benefit for business in today's interconnected world.
8. Optimized Supply Chain Management:
AI can optimize supply chain operations by predicting demand, managing inventory, and optimizing logistics. This can lead to reduced costs, improved efficiency, and increased responsiveness to market changes. This is a significant AI benefit for business operating complex supply chains.
9. Improved Recruitment and Talent Acquisition:
AI can streamline the recruitment process by automating tasks such as screening resumes, scheduling interviews, and assessing candidate suitability. This can help businesses save time and resources while improving the quality of their hires. This represents a significant AI benefit for business struggling with talent acquisition.
Challenges and Considerations for AI Adoption:
While the AI benefits for business are substantial, successful implementation requires careful planning and consideration. Challenges include:
Data quality and availability: AI algorithms require high-quality data to function effectively.
Integration with existing systems: Integrating AI into existing business processes can be complex.
Skills gap: A shortage of skilled AI professionals can hinder implementation.
Ethical considerations: Ensuring AI systems are used responsibly and ethically is crucial.
Conclusion:
The AI benefits for business are undeniable. From increased efficiency and productivity to enhanced customer experiences and the creation of new revenue streams, AI is transforming industries and driving growth. By embracing AI strategically and addressing the associated challenges, businesses can unlock its transformative potential and gain a significant competitive advantage in the years to come.
FAQs:
1. What is the cost of implementing AI in a business? The cost varies greatly depending on the specific AI solution, the size of the business, and the complexity of the implementation.
2. How long does it take to see a return on investment (ROI) from AI? The ROI timeframe varies, but many businesses report seeing significant returns within a year or two.
3. What are the ethical considerations of using AI in business? Ethical concerns include bias in algorithms, data privacy, job displacement, and the potential for misuse.
4. What skills are needed to implement and manage AI solutions? Businesses need data scientists, AI engineers, and professionals with expertise in data management and AI ethics.
5. How can businesses ensure the security of their AI systems? Robust cybersecurity measures, including data encryption, access controls, and regular security audits, are essential.
6. What are the common pitfalls to avoid when implementing AI? Common pitfalls include unrealistic expectations, lack of planning, insufficient data, and neglecting ethical considerations.
7. How can small businesses leverage the benefits of AI? Small businesses can start with smaller, more targeted AI solutions, such as chatbots or marketing automation tools.
8. What are the regulatory implications of using AI in business? Businesses need to be aware of and comply with relevant data privacy regulations, such as GDPR and CCPA.
9. What is the future of AI in business? The future of AI in business is likely to involve more sophisticated AI solutions, increased automation, and even greater integration into all aspects of business operations.
Related Articles:
1. "AI-Driven Customer Service: Enhancing the Customer Experience": This article explores how AI is transforming customer service and support, improving efficiency and customer satisfaction.
2. "AI in Marketing: Personalization and Automation Strategies": This article examines the role of AI in personalized marketing, automated campaign management, and predictive analytics.
3. "The Impact of AI on Supply Chain Management": This article discusses how AI is optimizing supply chains through demand forecasting, inventory management, and logistics optimization.
4. "AI and Cybersecurity: Protecting Businesses from Emerging Threats": This article explores the role of AI in enhancing cybersecurity, detecting threats, and preventing data breaches.
5. "Building an Effective AI Strategy for Your Business": This article provides a framework for developing a comprehensive AI strategy aligned with business goals.
6. "Measuring the ROI of AI Investments: Key Metrics and Strategies": This article discusses how to measure the return on investment from AI initiatives.
7. "Overcoming the Challenges of AI Implementation: A Practical Guide": This article addresses common challenges and provides practical solutions for successful AI adoption.
8. "The Ethical Implications of AI in Business: A Responsible Approach": This article delves into the ethical considerations of using AI in business and promoting responsible AI practices.
9. "AI and the Future of Work: Adapting to the Changing Landscape": This article explores the impact of AI on the workforce and the need for reskilling and upskilling.
| ai benefits for business: The AI Advantage Thomas H. Davenport, 2019-08-06 Cutting through the hype, a practical guide to using artificial intelligence for business benefits and competitive advantage. In The AI Advantage, Thomas Davenport offers a guide to using artificial intelligence in business. He describes what technologies are available and how companies can use them for business benefits and competitive advantage. He cuts through the hype of the AI craze—remember when it seemed plausible that IBM's Watson could cure cancer?—to explain how businesses can put artificial intelligence to work now, in the real world. His key recommendation: don't go for the “moonshot” (curing cancer, or synthesizing all investment knowledge); look for the “low-hanging fruit” to make your company more efficient. Davenport explains that the business value AI offers is solid rather than sexy or splashy. AI will improve products and processes and make decisions better informed—important but largely invisible tasks. AI technologies won't replace human workers but augment their capabilities, with smart machines to work alongside smart people. AI can automate structured and repetitive work; provide extensive analysis of data through machine learning (“analytics on steroids”), and engage with customers and employees via chatbots and intelligent agents. Companies should experiment with these technologies and develop their own expertise. Davenport describes the major AI technologies and explains how they are being used, reports on the AI work done by large commercial enterprises like Amazon and Google, and outlines strategies and steps to becoming a cognitive corporation. This book provides an invaluable guide to the real-world future of business AI. A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review. |
| ai benefits for business: AI for People and Business Alex Castrounis, 2019-07-05 If you’re an executive, manager, or anyone interested in leveraging AI within your organization, this is your guide. You’ll understand exactly what AI is, learn how to identify AI opportunities, and develop and execute a successful AI vision and strategy. Alex Castrounis, business consultant and former IndyCar engineer and race strategist, examines the value of AI and shows you how to develop an AI vision and strategy that benefits both people and business. AI is exciting, powerful, and game changing—but too many AI initiatives end in failure. With this book, you’ll explore the risks, considerations, trade-offs, and constraints for pursuing an AI initiative. You’ll learn how to create better human experiences and greater business success through winning AI solutions and human-centered products. Use the book’s AIPB Framework to conduct end-to-end, goal-driven innovation and value creation with AI Define a goal-aligned AI vision and strategy for stakeholders, including businesses, customers, and users Leverage AI successfully by focusing on concepts such as scientific innovation and AI readiness and maturity Understand the importance of executive leadership for pursuing AI initiatives A must read for business executives and managers interested in learning about AI and unlocking its benefits. Alex Castrounis has simplified complex topics so that anyone can begin to leverage AI within their organization. - Dan Park, GM & Director, Uber Alex Castrounis has been at the forefront of helping organizations understand the promise of AI and leverage its benefits, while avoiding the many pitfalls that can derail success. In this essential book, he shares his expertise with the rest of us. - Dean Wampler, Ph.D., VP, Fast Data Engineering at Lightbend |
| ai benefits for business: Artificial Intelligence Harvard Business Review, 2019 Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business. |
| ai benefits for business: Artificial Intelligence in Practice Bernard Marr, 2019-04-15 Cyber-solutions to real-world business problems Artificial Intelligence in Practice is a fascinating look into how companies use AI and machine learning to solve problems. Presenting 50 case studies of actual situations, this book demonstrates practical applications to issues faced by businesses around the globe. The rapidly evolving field of artificial intelligence has expanded beyond research labs and computer science departments and made its way into the mainstream business environment. Artificial intelligence and machine learning are cited as the most important modern business trends to drive success. It is used in areas ranging from banking and finance to social media and marketing. This technology continues to provide innovative solutions to businesses of all sizes, sectors and industries. This engaging and topical book explores a wide range of cases illustrating how businesses use AI to boost performance, drive efficiency, analyse market preferences and many others. Best-selling author and renowned AI expert Bernard Marr reveals how machine learning technology is transforming the way companies conduct business. This detailed examination provides an overview of each company, describes the specific problem and explains how AI facilitates resolution. Each case study provides a comprehensive overview, including some technical details as well as key learning summaries: Understand how specific business problems are addressed by innovative machine learning methods Explore how current artificial intelligence applications improve performance and increase efficiency in various situations Expand your knowledge of recent AI advancements in technology Gain insight on the future of AI and its increasing role in business and industry Artificial Intelligence in Practice: How 50 Successful Companies Used Artificial Intelligence to Solve Problems is an insightful and informative exploration of the transformative power of technology in 21st century commerce. |
| ai benefits for business: Artificial Intelligence for Business Rajendra Akerkar, 2018-08-11 This book offers a practical guide to artificial intelligence (AI) techniques that are used in business. The book does not focus on AI models and algorithms, but instead provides an overview of the most popular and frequently used models in business. This allows the book to easily explain AI paradigms and concepts for business students and executives. Artificial Intelligence for Business is divided into six chapters. Chapter 1 begins with a brief introduction to AI and describes its relationship with machine learning, data science and big data analytics. Chapter 2 presents core machine learning workflow and the most effective machine learning techniques. Chapter 3 deals with deep learning, a popular technique for developing AI applications. Chapter 4 introduces recommendation engines for business and covers how to use them to be more competitive. Chapter 5 features natural language processing (NLP) for sentiment analysis focused on emotions. With the help of sentiment analysis, businesses can understand their customers better to improve their experience, which will help the businesses change their market position. Chapter 6 states potential business prospects of AI and the benefits that companies can realize by implementing AI in their processes. |
| ai benefits for business: The AI-Powered Enterprise Seth Earley, 2020-04-28 Learn how to develop and employ an ontology, the secret weapon for successfully using artificial intelligence to create a powerful competitive advantage in your business. The AI-Powered Enterprise examines two fundamental questions: First, how will the future be different as a result of artificial intelligence? And second, what must companies do to stake their claim on that future? When the Web came along in the mid-90s, it transformed the behavior of customers and remade whole industries. Now, as part of its promise to bring revolutionary change in untold ways to human activity, artificial intelligence--AI--is about to create another complete transformation in how companies create and deliver value to customers. But despite the billions spent so far on bots and other tools, AI continues to stumble. Why can't it magically use all the data organizations generate to make them run faster and better? Because something is missing. AI works only when it understands the soul of the business. An ontology is a holistic digital model of every piece of information that matters to the business, from processes to products to people, and it's what makes the difference between the promise of AI and delivering on that promise. Business leaders who want to catch the AI wave--rather than be crushed by it--need to read The AI-Powered Enterprise. The book is the first to combine a sophisticated explanation of how AI works with a practical approach to applying AI to the problems of business, from customer experience to business operations to product development. |
| ai benefits for business: The AI-First Company Ash Fontana, 2021-05-04 Artificial Intelligence is transforming every industry, but if you want to win with AI, you have to put it first on your priority list. AI-First companies are the only trillion-dollar companies, and soon they will dominate even more industries, more definitively than ever before. These companies succeed by design--they collect valuable data from day one and use it to train predictive models that automate core functions. As a result, they learn faster and outpace the competition in the process. Thankfully, you don't need a Ph.D. to learn how to win with AI. In The AI-First Company, internationally-renowned startup investor Ash Fontana offers an executable guide for applying AI to business problems. It's a playbook made for real companies, with real budgets, that need strategies and tactics to effectively implement AI. Whether you're a new online retailer or a Fortune 500 company, Fontana will teach you how to: • Identify the most valuable data; • Build the teams that build AI; • Integrate AI with existing processes and keep it in check; • Measure and communicate its effectiveness; • Reinvest the profits from automation to compound competitive advantage. If the last fifty years were about getting AI to work in the lab, the next fifty years will be about getting AI to work for people, businesses, and society. It's not about building the right software -- it's about building the right AI. The AI-First Company is your guide to winning with artificial intelligence. |
| ai benefits for business: Artificial Intelligence and its Impact on Business Wolfgang Amann, Agata Stachowicz-Stanusch, 2020-06-01 Artificial intelligence (AI) technologies are one of top investment priorities in these days. They are aimed at finding applications in fields of special value for humans, including education. The fourth industrial revolution will replace not only human hands but also human brains, the time of machines requires new forms of work and new ways of business education, however we must be aware that if there is no control of human-chatbot interaction, there is a risk of losing sight of this interaction’s goal. First, it is important to get people to truly understand AI systems, to intentionally participate in their use, as well as to build their trust, because “the measure of success for AI applications is the value they create for human lives” (Stanford University 2016, 33). Consequently, society needs to adapt to AI applications if it is to extend its benefits and mitigate the inevitable errors and failures. This is why it is highly recommended to create new AI-powered tools for education that are the result of cooperation between AI researchers and humanities’ and social sciences’ researchers, who can identify cognitive processes and human behaviors. This book is authored by a range of international experts with a diversity of backgrounds and perspectives hopefully bringing us closer to the responses for the questions what we should teach (what the ‘right’ set of future skills is), how we should teach (the way in which schools should teach and assess them) and where we should teach (what implications does AI have for today’s education infrastructure). We must remember as we have already noticed before “…education institutions would need to ensure that that they have an appropriate infrastructure, as well as the safety and credibility of AI-based systems. Ultimately, the law and policies need to adjust to the rapid pace of AI development, because the formal responsibility for appropriate learning outcomes will in future be divided between a teacher and a machine. Above all, we should ensure that AI respect human and civil rights (Stachowicz-Stanusch, Amann, 2018)”. |
| ai benefits for business: Competing in the Age of AI Marco Iansiti, Karim R. Lakhani, 2020-01-07 a provocative new book — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how collisions between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI. |
| ai benefits for business: AI-Driven Intelligent Models for Business Excellence Samala Nagaraj, Korupalli V. Rajesh Kumar, 2022 As digital technology is taking the world in a revolutionary way and business related aspects are getting smarter this book is a potential research source on the Artificial Intelligence-based Business Applications and Intelligence-- |
| ai benefits for business: Reimagining Businesses with AI Khaled Al Huraimel, Sudhi Sinha, 2020-09-22 Discover what AI can do for your business with this approachable and comprehensive resource Reimagining Businesses with AI acquaints readers with both the business challenges and opportunities presented by the rapid growth and progress of artificial intelligence. The accomplished authors and digital executives of the book provide you with a multi-industry approach to understanding the intersection of AI and business. The book walks you through the process of recognizing and capitalizing on AI’s potential for your own business. The authors describe: How to build a technological foundation that allows for the rapid implementation of artificial intelligence How to manage the disruptive nature of powerful technology while simultaneously harnessing its capabilities The ethical implications and security and privacy concerns raised by the spread of AI Perfect for business executives and managers who seek a jargon-free and approachable manual on how to implement artificial intelligence in everyday operations, Reimagining Businesses with AI also belongs on the bookshelves of anyone curious about the interaction between artificial intelligence and business. |
| ai benefits for business: Using Artificial Intelligence in Marketing Katie King, 2019-02-03 Artificial intelligence (AI) is paving the way for the future of marketing and business transformation, yet many organizations struggle to know exactly how and where to integrate it. This book is the ultimate guide to embracing the opportunity that AI can bring for your marketing. With AI forecasted to boost global GDP by 14% by 2030, an efficient and sustainable AI marketing strategy is now essential to avoid losing the competitive edge. Using Artificial Intelligence in Marketing provides the definitive, practical framework needed for marketers to identify, apply and embrace the opportunity to maximize the results and business advancement that AI can bring. Streamlining efficiencies into every business practice, AI automates simpler, repetitive tasks with unrivalled accuracy, allowing sales and marketing teams to return their attention to where human interaction is most valuable: strategy, creativity and personal connection. Using Artificial Intelligence in Marketing outlines key marketing benefits such as accurate market research samples, immediate big data insights and brand-safe content creation, right through to the on-demand customer service that is now expected 24/7. It also explores the inevitable myths, concerns and ethical questions that can arise from the large-scale adoption of AI. This book is an essential read for every 21st century marketer. |
| ai benefits for business: Artificial Intelligence for a Better Future Bernd Carsten Stahl, 2021-03-17 This open access book proposes a novel approach to Artificial Intelligence (AI) ethics. AI offers many advantages: better and faster medical diagnoses, improved business processes and efficiency, and the automation of boring work. But undesirable and ethically problematic consequences are possible too: biases and discrimination, breaches of privacy and security, and societal distortions such as unemployment, economic exploitation and weakened democratic processes. There is even a prospect, ultimately, of super-intelligent machines replacing humans. The key question, then, is: how can we benefit from AI while addressing its ethical problems? This book presents an innovative answer to the question by presenting a different perspective on AI and its ethical consequences. Instead of looking at individual AI techniques, applications or ethical issues, we can understand AI as a system of ecosystems, consisting of numerous interdependent technologies, applications and stakeholders. Developing this idea, the book explores how AI ecosystems can be shaped to foster human flourishing. Drawing on rich empirical insights and detailed conceptual analysis, it suggests practical measures to ensure that AI is used to make the world a better place. |
| ai benefits for business: The Executive Guide to Artificial Intelligence Andrew Burgess, 2017-11-15 This book takes a pragmatic and hype–free approach to explaining artificial intelligence and how it can be utilised by businesses today. At the core of the book is a framework, developed by the author, which describes in non–technical language the eight core capabilities of Artificial Intelligence (AI). Each of these capabilities, ranging from image recognition, through natural language processing, to prediction, is explained using real–life examples and how they can be applied in a business environment. It will include interviews with executives who have successfully implemented AI as well as CEOs from AI vendors and consultancies. AI is one of the most talked about technologies in business today. It has the ability to deliver step–change benefits to organisations and enables forward–thinking CEOs to rethink their business models or create completely new businesses. But most of the real value of AI is hidden behind marketing hyperbole, confusing terminology, inflated expectations and dire warnings of ‘robot overlords’. Any business executive that wants to know how to exploit AI in their business today is left confused and frustrated. As an advisor in Artificial Intelligence, Andrew Burgess regularly comes face–to–face with business executives who are struggling to cut through the hype that surrounds AI. The knowledge and experience he has gained in advising them, as well as working as a strategic advisor to AI vendors and consultancies, has provided him with the skills to help business executives understand what AI is and how they can exploit its many benefits. Through the distilled knowledge included in this book business leaders will be able to take full advantage of this most disruptive of technologies and create substantial competitive advantage for their companies. |
| ai benefits for business: Challenges and Opportunities of Corporate Governance Transformation in the Digital Era Kuznetsov, Mikhail Yevgenievich, Nikishova, Maria Igorevna, 2019-12-27 While corporate governance has been a successful concept throughout the centuries, it is in question whether this concept can remain sustainable in the digital era and during a time of technological and managerial disruption. Under the pressure of new economic, social, and ecologic challenges, it is vital to understand how this concept needs to transform. Challenges and Opportunities of Corporate Governance Transformation in the Digital Era is an essential reference source that discusses concepts, trends, and forecasts of corporate governance and examines its transformation under the pressure of new technologies and economic changes. Featuring research on topics such as corporate identity, e-commerce, and cost management, this book is ideally designed for corporate leaders, managers, executives, business professionals, consultants, professors, researchers, and students. |
| ai benefits for business: Artificial Intelligence in Society OECD, 2019-06-11 The artificial intelligence (AI) landscape has evolved significantly from 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises. |
| ai benefits for business: Introduction to Artificial Intelligence Philip C. Jackson, 2019-08-14 Can computers think? Can they use reason to develop their own concepts, solve complex problems, understand our languages? This updated edition of a comprehensive survey includes extensive new text on Artificial Intelligence in the 21st Century, introducing deep neural networks, conceptual graphs, languages of thought, mental models, metacognition, economic prospects, and research toward human-level AI. Ideal for both lay readers and students of computer science, the original text features abundant illustrations, diagrams, and photographs as well as challenging exercises. Lucid, easy-to-read discussions examine problem-solving methods and representations, game playing, automated understanding of natural languages, heuristic search theory, robot systems, heuristic scene analysis, predicate-calculus theorem proving, automatic programming, and many other topics. |
| ai benefits for business: How AI Is Transforming the Organization MIT Sloan Management Review, 2020-02-18 A clear-eyed look at how AI can complement (rather than eliminate) human jobs, with real-world examples from companies that range from Netflix to Walmart. Descriptions of AI's possible effects on businesses and their employees cycle between utopian hype and alarmist doomsaying. This book from MIT Sloan Management Review avoids both these extremes, providing instead a clear-eyed look at how AI can complement (rather than eliminate) human jobs, with real-world examples from companies that range from Netflix to Walmart. The contributors show that organizations can create business value with AI by cooperating with it rather than relinquishing control to it. The smartest companies know that they don't need AI that mimics humans because they already have access to resources with human capability—actual humans. The book acknowledges the prominent role of such leading technology companies as Facebook, Apple, Amazon, Netflix, and Google in applying AI to their businesses, but it goes beyond the FAANG cohort to look at AI applications in many nontechnology companies, including DHL and Fidelity. The chapters address such topics as retraining workers (who may be more ready for change than their companies are); the importance of motivated and knowledgeable leaders; the danger that AI will entrench less-than-ideal legacy processes; ways that AI could promote gender equality and diversity; AI and the global loneliness epidemic; and the benefits of robot–human collaboration. Contributors Cynthia M. Beath, Megan Beck, Joe Biron, Erik Brynjolfsson, Jacques Bughin, Rumman Chowdhury, Paul R. Daugherty, Thomas H. Davenport, Chris DeBrusk, Berkeley J. Dietvorst, Janet Foutty, James R. Freeland, R. Edward Freeman, Julian Friedland, Lynda Gratton, Francis Hintermann, Vivek Katyal, David Kiron, Frieda Klotz, Jonathan Lang, Barry Libert, Paul Michelman, Daniel Rock, Sam Ransbotham, Jeanne W. Ross, Eva Sage-Gavin, Chad Syverson, Monideepa Tarafdar, Gregory Unruh, Madhu Vazirani, H. James Wilson |
| ai benefits for business: The AI Book Ivana Bartoletti, Anne Leslie, Shân M. Millie, 2020-06-29 Written by prominent thought leaders in the global fintech space, The AI Book aggregates diverse expertise into a single, informative volume and explains what artifical intelligence really means and how it can be used across financial services today. Key industry developments are explained in detail, and critical insights from cutting-edge practitioners offer first-hand information and lessons learned. Coverage includes: · Understanding the AI Portfolio: from machine learning to chatbots, to natural language processing (NLP); a deep dive into the Machine Intelligence Landscape; essentials on core technologies, rethinking enterprise, rethinking industries, rethinking humans; quantum computing and next-generation AI · AI experimentation and embedded usage, and the change in business model, value proposition, organisation, customer and co-worker experiences in today’s Financial Services Industry · The future state of financial services and capital markets – what’s next for the real-world implementation of AITech? · The innovating customer – users are not waiting for the financial services industry to work out how AI can re-shape their sector, profitability and competitiveness · Boardroom issues created and magnified by AI trends, including conduct, regulation & oversight in an algo-driven world, cybersecurity, diversity & inclusion, data privacy, the ‘unbundled corporation’ & the future of work, social responsibility, sustainability, and the new leadership imperatives · Ethical considerations of deploying Al solutions and why explainable Al is so important |
| ai benefits for business: Artificial Intelligence in Healthcare Adam Bohr, Kaveh Memarzadeh, 2020-06-21 Artificial Intelligence (AI) in Healthcare is more than a comprehensive introduction to artificial intelligence as a tool in the generation and analysis of healthcare data. The book is split into two sections where the first section describes the current healthcare challenges and the rise of AI in this arena. The ten following chapters are written by specialists in each area, covering the whole healthcare ecosystem. First, the AI applications in drug design and drug development are presented followed by its applications in the field of cancer diagnostics, treatment and medical imaging. Subsequently, the application of AI in medical devices and surgery are covered as well as remote patient monitoring. Finally, the book dives into the topics of security, privacy, information sharing, health insurances and legal aspects of AI in healthcare. - Highlights different data techniques in healthcare data analysis, including machine learning and data mining - Illustrates different applications and challenges across the design, implementation and management of intelligent systems and healthcare data networks - Includes applications and case studies across all areas of AI in healthcare data |
| ai benefits for business: Artificial Intelligence for Business Ana Landeta Echeberria, 2022-01-22 This book seeks to build a shared understanding of Artificial Intelligence (AI) within the global business scenario today and in the near future. Drawing on academic theory and real-world case studies, it examines AI’s development and application across a number of business contexts. Taking current scholarship forward in its engagement with AI theory and practice for enterprises and applied research and innovation, it outlines international practices for the promotion of reliable AI systems, trends, research and development, fostering a digital ecosystem for AI and preparing companies for job transformation and building skills. This book will be of great interest to academics studying Digital Business, Digital Strategy, Innovation Management, and Information Technology. |
| ai benefits for business: The Economics of Artificial Intelligence Ajay Agrawal, Joshua Gans, Avi Goldfarb, Catherine Tucker, 2024-03-05 A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system. |
| ai benefits for business: Adoption and Implementation of AI in Customer Relationship Management Singh, Surabhi, 2021-10-15 Integration of artificial intelligence (AI) into customer relationship management (CRM) automates the sales, marketing, and services in organizations. An AI-powered CRM is capable of learning from past decisions and historical patterns to score the best leads for sales. AI will also be able to predict future customer behavior. These tactics lead to better and more effective marketing strategies and increases the scope of customer services, which allow businesses to build healthier relationships with their consumer base. Adoption and Implementation of AI in Customer Relationship Management is a critical reference source that informs readers about the transformations that AI-powered CRM can bring to organizations in order to build better services that create more productive relationships. This book uses the experience of past decisions and historical patterns to discuss the ways in which AI and CRM lead to better analytics and better decisions. Discussing topics such as personalization, quality of services, and CRM in the context of diverse industries, this book is an important resource for marketers, brand managers, IT specialists, sales specialists, managers, students, researchers, professors, academicians, and stakeholders. |
| ai benefits for business: Platform Strategy Tero Ojanperä, Timo O. Vuori, 2021-10-03 What do Amazon, Google, Visa and AirBnB all have in common? They are all platform businesses. They know they can go beyond their industry segments. They capitalize on wider ecosystems that strengthen their offering and expand commercial opportunities. And now your business can do the same. Welcome to the world of platform businesses. In Platform Strategy one of the world's most creative men in business according to Fast Company and a leading strategy professor at a Financial Times top 40 business school show you the ropes. They lead you through the seven steps you can take to turn your business into a successful platform. Learn to harness emerging technologies like artificial intelligence, cement your business into thriving ecosystems and go beyond industry boundaries. Uncover how business leaders at companies as diverse as John Deere, KONE, and Visa are leading their businesses to the future by reinventing their business model. Authors Tero Ojanperä and Timo Vuori distil the disrupters' methods to an actionable blueprint. In Platform Strategy they put the emphasis on what you can do as leader; harness new technologies, work with partners but also crucially, recognize the fear of change in your people and utilize that energy to drive progress. More than just about technology, this book is at the centre of the leadership agenda for the future. |
| ai benefits for business: OECD Business and Finance Outlook 2021 AI in Business and Finance OECD, 2021-09-24 The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis on the trends, both positive and negative, that are shaping tomorrow’s world of business, finance and investment. |
| ai benefits for business: Artificial Intelligence and Machine Learning in Business Management Sandeep Kumar Panda, Vaibhav Mishra, R. Balamurali, Ahmed A. Elngar, 2021-11-04 Artificial Intelligence and Machine Learning in Business Management The focus of this book is to introduce artificial intelligence (AI) and machine learning (ML) technologies into the context of business management. The book gives insights into the implementation and impact of AI and ML to business leaders, managers, technology developers, and implementers. With the maturing use of AI or ML in the field of business intelligence, this book examines several projects with innovative uses of AI beyond data organization and access. It follows the Predictive Modeling Toolkit for providing new insight on how to use improved AI tools in the field of business. It explores cultural heritage values and risk assessments for mitigation and conservation and discusses on-shore and off-shore technological capabilities with spatial tools for addressing marketing and retail strategies, and insurance and healthcare systems. Taking a multidisciplinary approach for using AI, this book provides a single comprehensive reference resource for undergraduate, graduate, business professionals, and related disciplines. |
| ai benefits for business: Artificial Intelligence Business Applications John Medicine, 2020-10-07 Do you want to modernize your business and to be ahead from competitors by applying Artificial Intelligence to it? Want to learn the strategies to do that? If so then keep reading. Artificial intelligence technology has progressed so fast that many business leaders find themselves faced with the task of integrating all this new tech into how they do business. This can a challenge for leaders and others whose core business function is not directly related to artificial intelligence or computer science. This makes artificial intelligence an often-daunting subject for many people noticing the AI changes around them, but this does not have to be an overwhelming subject. Artificial intelligence can be simply applied to business marketing strategies, social media engagement, and a host of other business functions. These AI applications can be accomplished no matter what the skill level of the user is. Artificial Intelligence Business Applications: A New Approach to AI and Machine Learning in Modern Business and Marketing, for Beginners and Advanced will teach readers how they can benefit from the AI wave to keep themselves and their business endeavors up to date. The benefits of users to keeping on track of AI changes is obvious. AI allows businesses to link their data to AI, which can allow the business and the technology to evolve together. Business leaders are faced left with the question of how to bring artificial intelligence into their business, and sometimes this is as simple as recording data measures electronically so that AI can access it and use it to make powerful recommendations. As the intelligence demonstrated by machines, AI will become more prominent and important as AI capabilities increase. From a practical standpoint, this means that businesses are faced with the reality of incorporating AI into their operations now or face being left so far behind that they will be relegated to playing an endless game of catchup. In Artificial Intelligence Business Applications: A New Approach to AI and Machine Learning in Modern Business and Marketing, for Beginners and Advanced, readers will learn not only the business strategies they can use to keep up with artificial intelligence, but the many powerful applications that AI can have in business, from automation of business processes and machine learning, to predicting customer behavior and product pricing. You will learn: - What Business Leaders Need To Know About AI - Insights into AI Systems - The most important thing in AI - How to build AI strategies for your business - How to build Machine Learning Models - How to apply AI to Marketing and Social Media - 10 AI Trends for Businesses and much more! Even if you are a complete beginner, your education in artificial intelligence, so that you can use it to accomplish all of your business goals, begins here. Click the Buy Now button to get started! |
| ai benefits for business: Unscaled Hemant Taneja, 2018-03-27 Unscaled identifies the forces that are reshaping the global economy and turning one of the fundamental laws of business and society -- the economies of scale -- on its head. An innovative trend combining technology with economics is unraveling behemoth industries -- including corporations, banks, farms, media conglomerates, energy systems, governments, and schools-that have long dominated business and society. Size and scale have become a liability. A new generation of upstarts is using artificial intelligence to automate tasks that once required expensive investment, and renting technology platforms to build businesses for hyper-focused markets, enabling them to grow big without the bloat of giant organizations. In Unscaled, venture capitalist Hemant Taneja explains how the unscaled phenomenon allowed Warby Parker to cheaply and easily start a small company, build a better product, and become a global competitor in no time, upending entrenched eyewear giant Luxottica. It similarly enabled Stripe to take on established payment processors throughout the world, and Livongo to help diabetics control their disease while simultaneously cutting the cost of treatment. The unscaled economy is remaking massive, deeply rooted industries and opening up fantastic possibilities for entrepreneurs, imaginative companies, and resourceful individuals. It can be the model for solving some of the world's greatest problems, including climate change and soaring health-care costs, but will also unleash new challenges that today's leaders must address. |
| ai benefits for business: Artificial Intelligence for HR Ben Eubanks, 2018-12-03 HR professionals need to get to grips with artificial intelligence and the way it's changing the world of work. From using natural language processing to ensure job adverts are free from bias and gendered language to implementing chatbots to enhance the employee experience, AI has created a variety of opportunities for the HR function. Artificial Intelligence for HR empowers HR professionals to leverage this potential and use AI to improve efficiency and develop a talented and productive workforce. Outlining the current technology landscape as well as the latest AI developments, this book ensures that HR professionals fully understand what AI is and what it means for HR in practice. Covering everything from recruitment and retention to employee engagement and learning and development, Artificial Intelligence for HR outlines the value AI can add to HR. It also features discussions on the challenges that can arise from AI and how to deal with them, including data privacy, algorithmic bias and how to develop the skills of a workforce with the rise of automation, robotics and machine learning in order to make it more human, not less. Packed with practical advice, research and case studies from global organizations including Uber, IBM and Unilever, this book will equip HR professionals with the knowledge they need to leverage AI to recruit and develop a successful workforce and help their businesses thrive in the future. |
| ai benefits for business: Artificial Intelligence Business Applications William J Ford, 2020-09-10 Have you been hearing all the great things that artificial intelligence can do and wish you could take advantage of this transformational technology to give your business an edge over the competition? And are you looking for a guide that will introduce you to the world of practical AI, broken down in a language you understand so that you can introduce it to your business, even if you don't have a big budget? If you've answered YES, keep reading... You Are About To Discover Exactly How It Is Possible To Introduce Artificial Intelligence To Any Business And Reap Huge Benefits Out Of This Adoption! If you are often wondering how to apply AI to transform your business and boost your competitive advantage, then you came to the right place! As you know, IT is no longer just about codifying business logic and automating processes. Instead, insight is everything; it's the new currency. The speed at which you can scale that insight and its knowledge is the basis of value creation and is an important part of competitive advantage. While most organizations are still in the first phases of their data science journey and trying to figure out how to utilize AI to transform their businesses, you are already giving yourself a head start in a big way by coming here. This book is here to unleash actionable insights about AI and its application to help you increase efficiency in all aspects of your business by answering pertinent questions such as: What does AI mean in business? How do you get started with AI as a total beginner? What are some of the secrets of AI no one will tell you? What ways can AI benefit your business? How can you boost important operations like marketing with AI? In other words, you'll learn everything you need in simple, practical steps to confidently begin your journey of transforming your business effortlessly. Here're some of the things you should expect to discover: What artificial intelligence is all about, including how it is being used as well as its potential uses The ins and outs of machine learning, including its place in artificial intelligence, how it works and more The difference and features of supervised and unsupervised models How AI would benefit your business What you really need to know about AI as a business leader Important secrets about the planning unit of AI How to utilize AI to boost your marketing How to utilize AI to social media How artificial intelligence will change the nature of business in the future 12 of the best artificial intelligence tools you need to consider in the market today ...And much more! Adopting artificial intelligence early enough is important for any forward-looking company to create business value and set the stage to improve its business models and processes. You can imagine how you'd feel reaching your target productivity gains through AI. You can imagine how much valuable your company would be when you finally have advanced automated interactions, better customer intimacy, improved analysis and so forth with the help of AI. It would be a dream come true, wouldn't it? I bet it would, but it all starts with a single step, even if you feel ill-equipped to get started.... Click Buy Now With 1-Click or Buy Now at the top of the page to get started! |
| ai benefits for business: Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance El Bachir Boukherouaa, Mr. Ghiath Shabsigh, Khaled AlAjmi, Jose Deodoro, Aquiles Farias, Ebru S Iskender, Mr. Alin T Mirestean, Rangachary Ravikumar, 2021-10-22 This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight. |
| ai benefits for business: Radically Human Paul Daugherty, H. James Wilson, 2022-04-26 Technology advances are making tech more . . . human. This changes everything you thought you knew about innovation and strategy. In their groundbreaking book, Human + Machine, Accenture technology leaders Paul R. Daugherty and H. James Wilson showed how leading organizations use the power of human-machine collaboration to transform their processes and their bottom lines. Now, as new AI powered technologies like the metaverse, natural language processing, and digital twins begin to rapidly impact both life and work, those companies and other pioneers across industries are tipping the balance even more strikingly toward the human side with technology-led strategy that is reshaping the very nature of innovation. In Radically Human, Daugherty and Wilson show this profound shift, fast-forwarded by the pandemic, toward more human—and more humane—technology. Artificial intelligence is becoming less artificial and more intelligent. Instead of data-hungry approaches to AI, innovators are pursuing data-efficient approaches that enable machines to learn as humans do. Instead of replacing workers with machines, they're unleashing human expertise to create human-centered AI. In place of lumbering legacy IT systems, they're building cloud-first IT architectures able to continuously adapt to a world of billions of connected devices. And they're pursuing strategies that will take their place alongside classic, winning business formulas like disruptive innovation. These against-the-grain approaches to the basic building blocks of business—Intelligence, Data, Expertise, Architecture, and Strategy (IDEAS)—are transforming competition. Industrial giants and startups alike are drawing on this radically human IDEAS framework to create new business models, optimize post-pandemic approaches to work and talent, rebuild trust with their stakeholders, and show the way toward a sustainable future. With compelling insights and fresh examples from a variety of industries, Radically Human will forever change the way you think about, practice, and win with innovation. |
| ai benefits for business: Business Trends in Practice Bernard Marr, 2021-11-15 WINNER OF THE BUSINESS BOOK OF THE YEAR AWARD 2022! Stay one step ahead of the competition with this expert review of the most impactful and disruptive business trends coming down the pike Far from slowing down, change and transformation in business seems to come only at a more and more furious rate. The last ten years alone have seen the introduction of groundbreaking new trends that pose new opportunities and challenges for leaders in all industries. In Business Trends in Practice: The 25+ Trends That Are Redefining Organizations, best-selling business author and strategist Bernard Marr breaks down the social and technological forces underlying these rapidly advancing changes and the impact of those changes on key industries. Critical consumer trends just emerging today—or poised to emerge tomorrow—are discussed, as are strategies for rethinking your organisation’s product and service delivery. The book also explores: Crucial business operations trends that are changing the way companies conduct themselves in the 21st century The practical insights and takeaways you can glean from technological and social innovation when you cut through the hype Disruptive new technologies, including AI, robotic and business process automation, remote work, as well as social and environmental sustainability trends Business Trends in Practice: The 25+ Trends That Are Redefining Organizations is a must-read resource for executives, business leaders and managers, and business development and innovation leads trying to get – and stay – on top of changes and disruptions that are right around the corner. |
| ai benefits for business: Artificial Intellligence in Social Media Introbooks, 2020-04-07 Artificial Intelligence has revolutionized and transformed Social Media in many innovative ways. With around 3 billion people connected to various social media platforms, they are generating a huge mass of data. Now the question is, Why should social media be concerned about all this data floating around? The answer to this question is that this 'meta - data' is of great value to social media platforms.One reason is that the social networks can keep themselves relevant with times only if they keep themselves abreast about the needs, wants and choices of the users from multiple geographical locations. Another reason is that they get to monetize this information when they share their platforms with advertisers and marketers. AI is one single solution for both these scenarios. |
| ai benefits for business: Trustworthy AI Beena Ammanath, 2022-03-15 An essential resource on artificial intelligence ethics for business leaders In Trustworthy AI, award-winning executive Beena Ammanath offers a practical approach for enterprise leaders to manage business risk in a world where AI is everywhere by understanding the qualities of trustworthy AI and the essential considerations for its ethical use within the organization and in the marketplace. The author draws from her extensive experience across different industries and sectors in data, analytics and AI, the latest research and case studies, and the pressing questions and concerns business leaders have about the ethics of AI. Filled with deep insights and actionable steps for enabling trust across the entire AI lifecycle, the book presents: In-depth investigations of the key characteristics of trustworthy AI, including transparency, fairness, reliability, privacy, safety, robustness, and more A close look at the potential pitfalls, challenges, and stakeholder concerns that impact trust in AI application Best practices, mechanisms, and governance considerations for embedding AI ethics in business processes and decision making Written to inform executives, managers, and other business leaders, Trustworthy AI breaks new ground as an essential resource for all organizations using AI. |
| ai benefits for business: Enterprise AI For Dummies Zachary Jarvinen, 2020-08-17 Master the application of artificial intelligence in your enterprise with the book series trusted by millions In Enterprise AI For Dummies, author Zachary Jarvinen simplifies and explains to readers the complicated world of artificial intelligence for business. Using practical examples, concrete applications, and straightforward prose, the author breaks down the fundamental and advanced topics that form the core of business AI. Written for executives, managers, employees, consultants, and students with an interest in the business applications of artificial intelligence, Enterprise AI For Dummies demystifies the sometimes confusing topic of artificial intelligence. No longer will you lag behind your colleagues and friends when discussing the benefits of AI and business. The book includes discussions of AI applications, including: Streamlining business operations Improving decision making Increasing automation Maximizing revenue The For Dummies series makes topics understandable, and as such, this book is written in an easily understood style that's perfect for anyone who seeks an introduction to a usually unforgiving topic. |
| ai benefits for business: The Benefits of Using Artificial Intelligence for Business Success Strategies for Innovation, Efficiency, and Growth Milad Shemshaki, The Benefits of Using Artificial Intelligence for Business Success: Strategies for Innovation, Efficiency, and Growth is an indispensable resource for business leaders, entrepreneurs, and students alike navigating the AI revolution. This comprehensive guide offers cutting-edge insights on leveraging AI's transformative power to drive unprecedented growth and competitive advantage. Readers will discover how to develop robust AI implementation strategies, optimize operations, enhance customer experiences, foster innovation, and ensure ethical AI adoption. Packed with real-world case studies, expert analysis, and actionable frameworks, this book illuminates AI applications across diverse industries—from healthcare and finance to retail and emerging markets. It explores how to harness predictive analytics, machine learning, and automation to unlock new revenue streams and operational efficiencies. For students pursuing dissertations in business, technology, or related fields, this book provides a wealth of current, well-researched information and a solid foundation for academic exploration. Whether you're a C-suite executive, startup founder, industry professional, or ambitious student, this authoritative guide equips you with the knowledge and tools to lead in the AI-driven business landscape. Don't just adapt to the AI revolution—lead it. |
| ai benefits for business: Ask a Manager Alison Green, 2018-05-01 From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together |
| ai benefits for business: Beyond Disruption George P. Shultz, Jim Hoagland, James Timbie, 2018-06-01 In Beyond Disruption: Technology's Challenge to Governance, George P. Shultz, Jim Hoagland, and James Timbie present views from some of the country's top experts in the sciences, humanities, and military that scrutinize the rise of post-millennium technologies in today's global society. They contemplate both the benefits and peril carried by the unprecedented speed of these innovations—from genetic editing, which enables us new ways to control infectious diseases, to social media, whose ubiquitous global connections threaten the function of democracies across the world. Some techniques, like the advent of machine learning, have enabled engineers to create systems that will make us more productive. For example, self-driving vehicles promise to make trucking safer, faster, and cheaper. However, using big data and artificial intelligence to automate complex tasks also ends up threatening to disrupt both routine professions like taxi driving and cognitive work by accountants, radiologists, lawyers, and even computer programmers themselves. |
| ai benefits for business: The Fourth Industrial Revolution Klaus Schwab, 2017-01-03 World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress. |
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The time for discussion and debate is over. Generative AI (GenAI) has rapidly advanced, showcasing significant business benefits for all types of organizations. A huge upside exists for …
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The fast pace of artificial intelligence (AI) and automation is propelling strategists to reshape their business models. This is fostering the integration of AI in the business processes but the …
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Artificial Intelligence (AI) is driving a significant and positive change in how businesses operate, fundamentally changing established models and pushing enterprises towards a more efficient …
The Business Opportunity of AI - news.microsoft.com
Learn more about how companies are benefiting from Microsoft AI and how you can accelerate AI adoption within your organization today. This publication was produced by IDC Custom Solutions.
THE IMPACT OF AI INNOVATION MANAGEMENT ON …
The advent of Artificial Intelligence (AI) has revolutionized various aspects of modern business operations, presenting unprecedented opportunities for enhancing organizational productivity …
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As business’s adoption of AI continues to grow, the companies reaping the biggest bottom-line benefits are differentiating themselves through their use of more sophisticated tools and …
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enterprise data and AI strategy in the cloud, which business units stand to benefit most from cloud-and AI-enabled capabilities and how embracing these technologies can lead to greater …
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In today's business scenario, artificial intelligence-based applications are the most suitable choices for both large-size organizations and SMEs. The AI-based applications enable …
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AI works in four ways: Automated intelligence: Automation of manual/cognitive and routine/non-routine tasks. Assisted intelligence: Helping people to perform tasks faster and better. …
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In a global context marked by sluggish productivity growth, aging demographics, fragile post-pandemic supply chains and escalating geopolitical tensions, generative AI (GenAI) emerges …
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These cultural benefits can penetrate the foundation of business operations, improving assumptions that drive organizational behaviors and ensuring the pursuit of smarter goals.
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Artificial Intelligence: Potential Benefits and Ethical Considerations KEY FINDINGS The ability of AI systems to transform vast amounts of complex, ambiguous information into insight has the …
Taking AI to the next level Harnessing the full potential and …
Artificial intelligence (AI) has become a clear and undeniable force for business disruption and transformation. It is delivering significant business benefits today—and its potential to shape …
AI for Impact: - World Economic Forum
AI is making significant contributions: healthcare, with 25% of innovators using AI to advance access to health; environmental sustainability, with 20% of social innovators applying AI to …
The state of AI in early 2024: Gen AI adoption spikes and …
Organizations are already seeing material benefits from gen AI use, reporting both cost decreases and revenue jumps in the business units deploying the technology.
The impact of AI - Deloitte United States
The impact of AI: Taking all industries in its fold Using AI to solve business challenges It is not enough to simply learn the technical aspects of AI. It is also important to learn and understand …
Confronting the risks of artificial intelligence - McKinsey
Yet even as AI generates consumer benefits and business value, it is also giving rise to a host of unwanted, and sometimes serious, consequences. And while we’re focusing on AI in this …
THE BENEFITS OF ARTIFICIAL INTELLIGENCE IN BUSINESS …
Advancements in AI, ML, and Generative AI (GenAI) offer powerful new potential to automate and accelerate complex data management tasks, giving organizations the opportunity to: Time: …
Understanding AI business uses and strategies - KPMG
We believe business leaders can benefit from straightforward, jargon-free explanations of the key concepts behind the AI, neural networks and deep learning technologies that have been making
How to harness the value of GenAI business use cases - EY
The time for discussion and debate is over. Generative AI (GenAI) has rapidly advanced, showcasing significant business benefits for all types of organizations. A huge upside exists …
Impact of Artificial Intelligence on Businesses: from Research ...
The fast pace of artificial intelligence (AI) and automation is propelling strategists to reshape their business models. This is fostering the integration of AI in the business processes but the …
The Impact of Artificial Intelligence on Business Operations
Artificial Intelligence (AI) is driving a significant and positive change in how businesses operate, fundamentally changing established models and pushing enterprises towards a more efficient …
The Business Opportunity of AI - news.microsoft.com
Learn more about how companies are benefiting from Microsoft AI and how you can accelerate AI adoption within your organization today. This publication was produced by IDC Custom Solutions.
THE IMPACT OF AI INNOVATION MANAGEMENT ON …
The advent of Artificial Intelligence (AI) has revolutionized various aspects of modern business operations, presenting unprecedented opportunities for enhancing organizational productivity …
The state of AI in 2021 - McKinsey & Company
As business’s adoption of AI continues to grow, the companies reaping the biggest bottom-line benefits are differentiating themselves through their use of more sophisticated tools and …
Artificial Intelligence and Business Value: a Literature Review
Artificial Intelligence (AI) are a wide-ranging set of technologies that promise several advantages for organizations in terms off added business value. Over the past few years, organizations …
Driving Business Value with AI in the Data Cloud - Deloitte …
enterprise data and AI strategy in the cloud, which business units stand to benefit most from cloud-and AI-enabled capabilities and how embracing these technologies can lead to greater …
A STUDY OF BARRIERS AND BENEFITS OF ARTIFICIAL …
In today's business scenario, artificial intelligence-based applications are the most suitable choices for both large-size organizations and SMEs. The AI-based applications enable …
Sizing the prize: What's the real value of AI for your business …
AI works in four ways: Automated intelligence: Automation of manual/cognitive and routine/non-routine tasks. Assisted intelligence: Helping people to perform tasks faster and better. …
How global business leaders can harness the power of GenAI
In a global context marked by sluggish productivity growth, aging demographics, fragile post-pandemic supply chains and escalating geopolitical tensions, generative AI (GenAI) emerges …
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These cultural benefits can penetrate the foundation of business operations, improving assumptions that drive organizational behaviors and ensuring the pursuit of smarter goals.
Artificial Intelligence: Potential Benefits and Ethical …
Artificial Intelligence: Potential Benefits and Ethical Considerations KEY FINDINGS The ability of AI systems to transform vast amounts of complex, ambiguous information into insight has the …
Taking AI to the next level Harnessing the full potential and …
Artificial intelligence (AI) has become a clear and undeniable force for business disruption and transformation. It is delivering significant business benefits today—and its potential to shape …
AI for Impact: - World Economic Forum
AI is making significant contributions: healthcare, with 25% of innovators using AI to advance access to health; environmental sustainability, with 20% of social innovators applying AI to …
The state of AI in early 2024: Gen AI adoption spikes and …
Organizations are already seeing material benefits from gen AI use, reporting both cost decreases and revenue jumps in the business units deploying the technology.
The impact of AI - Deloitte United States
The impact of AI: Taking all industries in its fold Using AI to solve business challenges It is not enough to simply learn the technical aspects of AI. It is also important to learn and understand …
Confronting the risks of artificial intelligence - McKinsey & …
Yet even as AI generates consumer benefits and business value, it is also giving rise to a host of unwanted, and sometimes serious, consequences. And while we’re focusing on AI in this …
