2019 July

Adapting AI to a business

Artificial Intelligence has continued to be on the rise and a constant topic in the early 20th century. There is a lot of debate of its usefulness and necessity. While in some cases it proves to be a very convenient addition to human life, others find such a form of evolution to be dangerous. While in many instances, both arguments hold significant weight, however, with the changing times, it seems everyone must have a hand in this technology.

Companies using AI

Entrepreneurs, small business owners, company heads, etc. are the few people that can find a benefit from using AI in some shape or form in their business. While many people who are not particularly interested or knowledgeable in the changing society of technology, they may commonly view AI as something simple in smartphones and computers. However, it’s used more commonly than expected in business. So far, it’s been stated that all companies have in one way or another managed to incorporate AI into their business.
An advancing society where everyone has access to the same technology makes it increasingly easier for small businesses and companies just starting out to be successful. They also have the ability to improve customer service and customer experience, detect fraud, or automate work processes. In a technologically flourishing community worldwide, this is extremely important. More than small businesses, companies that have been around for a longer time, or namely, healthcare, automotive, or financial services have seen protection, security, and improvement through the use of AI.
All of these perks are jobs that can be done in half the time with small amounts of effort. Of course, not to leave out the topic of other’s jobs and professions while this could affect those in business from an ethic standpoint. From a business standpoint, this is a great advantage by not having to hire anyone to perform the tasks, ultimately saving money.

Choosing AI and the benefits for the individual

Like choosing anything for one’s own self-interest or purpose, or buying something functional, when it comes to business, it is important before joining the moving world to find the best type of AI. This could mean literally anything. A self-checkout machine, computer and internet security software, or voice automated systems. It is vital that an individual look at what their business is missing and find ways they can eliminate unnecessary things that require money and replace it with artificial intelligence.
While these are brilliant benefits, some things do come with risks as new technology always has the possibility of breaking down or malfunctioning. This could lead to a loss of production, and thus a loss in sales. A business savvy individual should know the risks and possibilities of using any form of artificial intelligence and attempt to make the best decision.
With this also comes the need for building resources and investing in the technology. While it may prove to be a bit expensive, AI app development services are available and most importantly affordable.

By igu on July 15, 2019 | AI & Business, Artificial Intelligence (AI)