News Formal

Companies Are Adopting AI For Supplier Negotiations, But Which Ones Should The Machines Handle?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Enterprise AI is moving to new domains such as negotiating. There are some distinct advantages in machines being able to negotiate.

The Best Kinds of Deals to Negotiate Using AI

The key to any successful negotiation is focusing on strategy. Parties have to know what they want and where it will get them. They need to know, for example, who their contact might influence in the organization to improve future deals and what synergies there may be between a product line offered currently and a future one that a supplier is looking to sell. That kind of strategic thinking is something that machines have not yet mastered.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It should not handle the negotiations on buying AI

AI is good, however that human touch and smiles make a difference .

I use Ai to answer my phone for me.

AI's are going to be a lot helpful in developing the scientific stuff and explore the greatness that this universe holds

what about ArtificialIntelligence adopting for trading stocks Commodities etc that would be alarming

There is what seems to be infinite wisdom in AI But with people as powerful as elonmusk warning us how dangerous AI is likely to become why are we going ahead with it?

Close call, close to death, Narrow escape, lucky people (compilation ) Watch, like, share n don't forget to hit subscribe button

“And seek help through patience and prayer, and indeed, it is difficult except for the humbly submissive [to God]” Quran: [2:45]. The Quran; The Final Word From God; The Creator Of Everything.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AI 50: America’s Most Promising Artificial Intelligence CompaniesForbes has partnered with venture firms to create our third annual ForbesAI50, a list of private, promising North American companies that are using artificial intelligence in ways that are fundamental to their operations
Source: Forbes - 🏆 394. / 53 Read more »

AI 50: America’s Most Promising Artificial Intelligence CompaniesThis 2021 list features 31 companies appearing for the first time, while seven have qualified for three years in a row: ForbesAI50 You can earn good returns from Crypto/Forex Trade without trading yourself. Invest in automated trading, let experts manage your account. DM protrader_naomi get started
Source: Forbes - 🏆 394. / 53 Read more »

AI 50: America’s Most Promising Artificial Intelligence CompaniesForbes has partnered with venture firms to create our third annual ForbesAI50, a list of private, promising North American companies that are using artificial intelligence in ways that are fundamental to their operations
Source: Forbes - 🏆 394. / 53 Read more »

AI 50: America’s Most Promising Artificial Intelligence CompaniesThis 2021 list features 31 companies appearing for the first time, while seven have qualified for three years in a row: ForbesAI50 please click, follow, share and comment
Source: Forbes - 🏆 394. / 53 Read more »

AI 50: America’s Most Promising Artificial Intelligence CompaniesThis 2021 list features 31 companies appearing for the first time, while seven have qualified for three years in a row: ForbesAI50
Source: Forbes - 🏆 394. / 53 Read more »