Is AI a friend or foe of business? - IT-Online

  • 📰 ITOnlineSA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Is AI a friend or foe of business?

In today’s rapidly evolving business landscape, the potential of artificial intelligence cannot be overemphasised. It has the power to drive innovation and enhance customer experiences.However, amongst the promises of AI lie several challenges that can limit its use and applications. Deciding whether to embrace this technology or not is a decision that each business needs to make based on its own unique circumstances.

Similarly, decisions made by AI could be damaging to the reputation or the trust of the business or its customers if the AI is not tested or checked properly or if it is used for the wrong purpose or context. AI can also automate repetitive tasks, reducing errors, speeding up processes, and increasing productivity. AI-powered chatbots can handle customer inquiries, algorithms can automate data entry and processing, and Robotic Process Automation can manage routine tasks across departments.

In addition, as AI systems are scalable and consistent, able to deal with big and complex data sets and analyses, and can handle many variables at once, the quality of decision making can remain the same regardless of the size and volume of the data involved. They also learn and improve from new data, enabling flexible and efficient decisions that adapt continuously.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 16. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

New rules rattle online retailers as watchdog acts for small businessThe recommendations are to ensure digital competition is fair and smaller businesses can compete online
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Online trading is now a $1bn industry and growing in popularity in SA | City PressToday the local industry is worth about $1 billion per annum and is growing, according to Kamogelo Mosime, partnership manager at Tickmill, an award-winning forex, stock, commodities and bonds broker. Have you made money this way?
Herkunft: City_Press - 🏆 7. / 72 Weiterlesen »