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Artificial Intelligence and Business Growth

   

Added on  2022-12-30

9 Pages1951 Words87 Views
Professional Development
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Running head: ARTIFICIAL INTELLIGENCE AND BUSINESS GROWTH
ARTIFICIAL INTELLIGENCE AND BUSINESS GROWTH
Name of the Student:
Name of the University:
Author Note:
Artificial Intelligence and Business Growth_1

ARTIFICIAL INTELLIGENCE AND BUSINESS GROWTH1
Table of Contents
Introduction:...............................................................................................................................3
Overview of the topic:................................................................................................................3
Theme 1:.....................................................................................................................................3
Why AI is essential for the growth of industries?......................................................................3
Theme 2:.....................................................................................................................................4
What are the barriers of AI?.......................................................................................................4
Theme 3:.....................................................................................................................................5
Why artificial intelligence does the tasks and not jobs?............................................................5
Theme 4:.....................................................................................................................................6
What are essentials for implementing AI?.................................................................................6
Conclusion:................................................................................................................................7
References:.................................................................................................................................8
Artificial Intelligence and Business Growth_2

ARTIFICIAL INTELLIGENCE AND BUSINESS GROWTH2
Introduction:
The aim of this paper is to discuss the contents of the article published by Andrew NG
that focuses on the usage of artificial intelligence in the growth of the company in this
competitive world of business. The author of this article is a part of world's most important
artificial intelligence teams working in Google and Baidu and founder of Landing AI. This
article has detailed importance of using artificial intelligence in the growth of the business,
the barriers of artificial intelligence, what factors help the AI to work out the responsibility
and what are the essential methods of implementing artificial intelligence for the business
growth.
Overview of the topic:
In this namely how to choose your first Artificial Intelligence project by Andrew Ng
has detailed the fact that the usage of artificial intelligence in the business growth is so
expanding that the most unexpected companies and non-internet industries are using artificial
intelligence for production. For example the energy sector, agriculture, education and
logistics are using artificial intelligence for the betterment of their products and services. The
usage of AI in the next 10 years will be growing usually and will create 13 trillion US dollar
as the GDP growth will be heighten in the future. According to the author the artificial
intelligence will be changing the method of production and working out the tasks by reducing
costs and enhancing the revenue.
Theme 1:
Why AI is essential for the growth of industries?
The importance of artificial intelligence in the growth of the industries is essential for
the companies in long run. By replacing the human workforce it can make the company’s
Artificial Intelligence and Business Growth_3

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