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HI6008 Business Research | Artificial Intelligence

   

Added on  2020-02-24

16 Pages3384 Words33 Views
Running head: ARTIFICIAL INTELLIGENCE0Business Research
HI6008 Business Research | Artificial Intelligence_1
ARTIFICIAL INTELLIGENCE1Table of ContentsIntroduction................................................................................................................................3Project Objective........................................................................................................................4Project Scope..............................................................................................................................4Literature Review.......................................................................................................................5Current State of Artificial Intelligence.......................................................................................5Advantages of Artificial Intelligence.........................................................................................6Reduction in Errors................................................................................................................6Difficult Tasks........................................................................................................................6Virtual Assistance..................................................................................................................7Medical Applications.............................................................................................................7Performing Daily Mundane Tasks.........................................................................................7No Pause or Breaks................................................................................................................8Disadvantages of Artificial Intelligence.....................................................................................8High Costs..............................................................................................................................8Job Losses..............................................................................................................................8No Match of Human Creativity..............................................................................................9No Benefit of Experience.......................................................................................................9Cyber attacks..........................................................................................................................9Future of Artificial Intelligence.................................................................................................9Conclusion................................................................................................................................11References................................................................................................................................12Appendix..................................................................................................................................14
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ARTIFICIAL INTELLIGENCE2List of Figures Figure 1: Automated Activities................................................................................................13Figure 2: Part of AI..................................................................................................................13
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ARTIFICIAL INTELLIGENCE3Introduction Artificial intelligence refers to the intelligence of machines, rather than the natural intelligence of human or animals. The artificial intelligence allows a machine to think like human and perform tasks without any programming. It helps machines to solve complex takes and learn new things without any previous programming. The activities of artificial intelligence include speech recognition, planning, learning, and problem-solving. Artificial intelligence is a broad term which includes machine learning, deep learning, automation and many more parts. In the modern world, many companies use artificial intelligence to enhance the efficiency of performing various takes in the business, which were traditionally performed by humans. Using artificial intelligence in business can benefit a company, but due to lack of technological advancements, the artificial intelligence has many flaws. This report will discuss various benefits and drawbacks of using artificial intelligence in the business by different companies. Further, the report will analyse these benefits and drawbacks based on the different perspective of organisations, such as Google, eBay, Uber and Microsoft.
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