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Technologies for Business Artificial Intelligence

Category: Business & Management Paper Type: Report Writing Reference: APA Words: 1926

3 Ways Artificial Intelligence (AI) Can Help Your Small Business

 

Artificial Intelligence:

Artificial Intelligence specifically belongs to human intelligence that involves a wide-ranging branch of computer science belong to developing smart machines that perform tasks according to human requirements.  Every sector of the tech industry involves interdisciplinary science by using different approaches that creating a paradigm shift according to deep learning and advancement in machine learning. Artificial intelligence transforms every step of life with wide-ranging tools that use the resulting insight to improve decision making, analyzing data, and enable people to integrate information according to the changing requirements of people at a global level. Artificial intelligence is the utilization of machines for decision making and provides great learning. Machine learning is a kind of learning that learns from data, analyze, think, and observe just like the human brain and perform all the tasks. In the industries, manufacturing sector, healthcare, and physics area, artificial intelligence technology influences the consumer products and show significant impacts. (Mitchell, 2018)

Artificial intelligence has exploded with a huge amount of data and by utilizing computing power. Through the creation and application of algorithms built into a dynamic computing environment, artificial intelligence is providing the basis for mimicking human intelligence processes effectively. Artificial intelligence is simply to train the computer to work, think, and act like humans. Artificial intelligence provides three different components that help to obtain their target and manage computer operations. These components involve advanced AI algorithms, data, and data management, and computational systems. More data and more processing power are required to obtain the desired outcomes just like humans (Borgesius, 2018).

Artificial intelligence industry 4.0 integration iot industrial business web computing concept. AI factory manufacturing autonomous unmanned management process development engineering technology

Based on the data generated by humans and machines, machines can make complex decisions, interpret, and ability to absorb according to humans outpaces. The future of all complex decision-making and the basis of all computer learning, artificial intelligence is built on a strong basis. The future of business decision-making depends on deep learning and artificial; intelligence for making the future more strong and reliable. All types of technical and difficult calculations can happen through computers and generate the best results for the decision making processes.(Minsky, 1961)

Artificial intelligence helps to improve the performance of the business in multiple ways. Through the cost and time-saving approaches, artificial intelligence helps to enhance competitive advantages in the business. New and advanced technology changes the working criteria of the business and enhances product quality with effective techniques. Artificial intelligence help to improve the operations and customer services, and utilize huge amount f data to take initiative marketing decision according to changing need of the market. Artificial intelligence improves the bottom line at every cycle of a business and also improves the productivity of all sizes and all industries from managing the global supply chain to enhance the delivery routes. It helps different companies to make the service better, improve the design of the product, its quality, and also the delivery of the product much better.

AI(Artificial Intelligence) concept. deep learning.

Artificial intelligence helps the industries as life-saving elements at different stages. Artificial intelligence can help to improve the health care system through investing in and researching ways according to changing requirements of the market. Artificial intelligence is changing the complete health care system from its core process to the end system that runs in the organization and from figuring out personalized drug protocols to better diagnostic tools and assist robots in surgery. Due to the changing effects of global warming, artificial intelligence is considered instrumental in solving environmental issues through effective experience. Artificial intelligence can augment our human efforts to solve the global challenges from supporting smart infrastructure to helping to be more efficient with all the natural resources and smart agriculture to provide food to growing populations.(Suchman, 1993)

Artificial intelligence. Technology web background. Virtual concept

Artificial intelligence also promotes the life of people through more development entertainment facilities. Artificial influences life through creating works of art developed different recipes and compose an original composition from books to music with multiple experiments. Different recommendations engines help to promote the decision-making process for performing any task. There are many ways to generate a better place for artificial intelligence because the scope and demand of people and the market also going to change and with the introduction of new and advance technology people want to make their life more easy and convenient.

Many ways consider the importance of artificial intelligence through effective involvement in the life of human beings. To do data programming, artificial intelligence adapts through progressive learning algorithms effectively. The algorithm acquires the skill to finds the structure and regularities of the data as a classifier or predictor using the strategies of artificial intelligence. The data of artificial intelligence can become intellectual property when the AI gets the most out of data. All the solutions are already inbuilt in the data and after applying the artificial intelligence techniques the answer can get easily. And the role of data is going to be more important and develop a competitive advantage according to the changing requirement of the market.(Plant, 2012)

AI(Artificial Intelligence) infographic banner. neural network diagram, cybernetics, problem solving, Futuristic, Robotics machine and deep learning.

Through deep and complex neural networks, artificial intelligence achieves incredible accuracy. Data assessment is going to be easier when the searching engines are used effectively. Information gathering has become easy and less time is required in these processes. Different artificial intelligence techniques are used in the medical field to get complete access like object recognition, image classification, and deep learning with high accuracy according to the changing requirement of patients. More advancement brings through artificial intelligence in the existing products and also in the new products.

Through artificial intelligence capabilities, the usage of products and their quality also improved effectively. From security intelligence to investment analysis, artificial intelligence brings changes through automation, conversational platforms, bots, and smart machines that easily combine a huge amount of data with improving technology. Artificial intelligence performs mostly, computerized tasks and high volume and reliability and without fatigue instead of manual automating tasks. Artificial intelligence help in automating the data according to the provided steps and provide the right answers to all the queries through repetitive learning and discovery of data effectively. By using neural networks, artificial intelligence can analyze the data from hidden layers of the provided information. With incredible computer power and big data, the fraud detection system becomes more strong and reliable.(PEGA, 2021)

How Artificial Intelligence Is Totally Changing Everything | HowStuffWorks

 

Artificial intelligence becomes a more reliable and important part of industries and life of people because it provides lots of facilities and convenience. It helps to make the process easier and generate a better outcome. New and advanced technology brings major changes in the process and performance of the business and also brings a change in the life of people through making their life more easy and full of facilities. A complete set of data is inbuilt in the artificial intelligence system to generate a better outcome and handle all types of issues that can appear in different situations. Artificial; intelligence also enhances the level of the medical field by bringing new and advance technology to operate different diseases and diagnose them according to the latest issues. Artificial intelligence makes life more convenient and brings positive changes because now the assessment of information has become easier. Algorithms make the system of operations arrange in proper sequence and this will generate better feedback according to the performance of operations according to new criteria.

This computational creativity works through the algorithms that are given as input and the software work according to the given input to produce the expected outcome that is driven by specifications that were in the mind of the artist. The first art creating artificial intelligence program was AARON that was a robot that picked up a paintbrush and painted on the canvas on its own. This robot was given knowledge of the body postures and plants through rules and it will utilize this knowledge to create a painting of people in a botanical garden. It has to be given proper instructions about what it is going to paint looks like and then it can generate the picture. Hence it is bound by specifications given to it, the art produced could not be different from the input and it cannot break rules.

 Artificial intelligence has impacted music from the point of composition to distribution. Artificial intelligence can listen to live performers and harmonize themselves with the melodies. You can imagine robots sitting in front of a piano and playing it or holding a guitar while moving their fingers on the chords to create a melody in the air because it's time artificial intelligence has entered the music industry.

What is Artificial Intelligence (AI) Marketing? A Complete Guide | Emarsys

Artificial intelligence is not the creator of art. It is just a mere tool that artists use to present their imagination because it is debatable who should be praised for a piece of art when artificial intelligence is used to create. This technology is only a tool and the artist is in control of what he does, what he demands from it, and what can he stop from adding to his art. AI is intelligent but not more than human beings and they can work only when information is provided about what kind of music or painting is required. For instance, if robots are used to create a sculpture of a man, he cannot do it on his own until the artist provides it information about the size, build, and posture of it so it is entirely dependent upon the artist that what can be the outcome.

AI can modify and make his work easy. When generating music or any other art, computational creativity is restricted by the artist who can undo any modifications that are done by software and keep his element enacting the art without being controlled by the tool that he is using. The relationship between the artist and his tool is very important because neither of them works alone if the best outcomes are expected. For instance, the information provided by the artist to Painting Fool and its ability to generate and discriminate from the images can enhance the creativity of the artist. After all, the blend of human intelligence and artificial intelligence can result in the perfect art created in a controlled environment through software.

Further this, many benefits provided by the artificial intelligence in the industry and working environment which include new inventions, daily applications, faster decision, digital assistance, helping in repetitive jobs, available 24x7, take risks instead of humans, and reduction in human error (Karwowski, 2016).

This theory has become popular by introducing artificial intelligence into society. People believe more in machines than their learned knowledge. The decisions which are made by the machines are considered to be right and not even a single chance is expected that the result produced by the artificial intelligence could be wrong (which is not true in case of an error in the machine). This has led to the spiral of silence as people hardly speak against the decisions which have been declared by the machines and hence result in suppressing their opinions and not using the individual decisions.

 

 

 

 

Reference:

Borgesius, F. Z., 2018. Discrimination, artificial intelligence, and algorithmic decision-making.

Karwowski, M., 2016. Is creativity without intelligence possible? A necessary condition analysis. Volume 57, pp. 105-117.

Minsky, M., 1961. Steps toward Artificial Intelligence. pp. 8-30.

Mitchell, R. S. M. G. C. M., 2018. Machine Learning. pp. 10-28.

PEGA, 2021. Take control of your AI. [Online]
Available at: https://www.pega.com/artificial-intelligence-business?&utm_source=google&utm_medium=cpc&utm_campaign=&utm_term=%2Bartificial%20%2Bintelligence&gloc=1011082&utm_content=pcrid%7c482183887888%7cpkw%7ckwd-297351945584%7cpmt%7cb%7cpdv%7cc%7c&gclid=CjwKCAiArbv_

Plant, R., 2012. An introduction to artificial intelligence. pp. 20-45.

Suchman, L. A. T. R. H., 1993. Artificial intelligence as craftwork.. pp. 144-173.

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