How does Artificial Intelligence affect business?

Question

Can anyone tell me how does Artificial Intelligence affect business?

Answer 1

Artificial Intelligence is set to transform the way businesses operate in the modern world. Right from its inception since the 1950s, AI has set out on a goal that ensures to provide simple solutions to complex problems in the world of business. Today, with the onset of high-performance computing, we can see that AI has been put into effective use in the field of predictive modeling, derivative analytics, and more. Experts around the globe believe that the rise of AI is another "invention of fire" in the world of computing. Everything from data analysis, cybersecurity to customer relationship management, AI has a strong footing that shows its immense capabilities to increase production and exponentially help in driving better profit numbers to a wide spectrum of organizations. With billions of dollars in research, the potential of AI and its usage in businesses is virtually limitless.

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