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

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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.

 

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It should not handle the negotiations on buying AI

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I use Ai to answer my phone for me.

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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?

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