Artificial intelligence (AI), or technology that is coded to simulate human intelligence, is having a huge impact on the business world. Now prevalent in many types of software and applications, AI is revolutionizing workflows, business practices, and entire industries by changing the way we work, access information, and analyze data.
Key Takeaways
- AI technology promises significant benefits for businesses, including improved customer engagement, data analysis, automation of processes, strategic recommendations, and enhanced decision making.
- AI can be applied in various business areas such as accounting and finance, customer service, recruitment, cybersecurity, sales and marketing, supply chain and logistics, information technology (IT) operations, and legal.
- However, implementing AI in business is not without challenges, which can include ethical and privacy concerns, skill gaps,…
