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Role and Impact of Digital Technology and Artificial Intelligence in Contemporary Management

   

Added on  2023-06-06

7 Pages1808 Words449 Views
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Contemporary
Management
Issues in the 21st
Century
Role and Impact of Digital Technology and Artificial Intelligence in Contemporary Management_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
The role and impact of Digital technology in business operations and management of
workforce in an organisation..................................................................................................1
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5
Role and Impact of Digital Technology and Artificial Intelligence in Contemporary Management_2

INTRODUCTION
In today's world ,Technology has emerged everywhere and has its impact on the society
as well . The use of technology has emerged in every field whether in business world, daily
lifestyle, education in the form of online mode education and more. It affects the way individual
learn, communicate and think. Technological aspect has made learning more collaborative and
interactive and makes the process more easier. It is a tool that help to boost development and to
exchange information more effectively in a dynamic environment (Chakraborty and et.al, 2021).
This report will include the role of Artificial intelligence on the overall society and business.
Artificial intelligence has been one of the fastest technology that displays human like behaviour
with the help of machines and automatic systems using extensive data based on past experience
of behaviours. It is every important to analyze its impact on the growth and development of the
society and its impact on the overall business strategies. It will also include the importance of
technology in managing the workforce of an organisation which help the organisation to achieve
growth and success.
MAIN BODY
The role and impact of Digital technology in business operations and management of workforce
in an organisation.
Digital technologies has changed the way people live. It has ease the way of doing the
work in dynamic environment whether at workplace or in real life with constant technological
advancement. Artificial intelligence is one of the fastest growing technical area. It has emerged
its role in the business and its functioning and also have significant impact. Artificial intelligence
is a simulation of human intelligence processes, with the help of computer system and software.
There are different applications of AI such as natural language processing which makes the
person communicating with an automated computer systems to feel that they are being
interacting with a human being, speech recognition recognition and machine vision and more.
The use of AI is being applied in different areas which includes business, healthcare,education ,
finance and more (Rodney, Valaskova and Durana, 2019).
Artificial intelligence has emerged its role in the business operation and functions. It
affects the functioning of organisation and also helps in managing the workforce. There are
various theories that can be used by managers to develop core competencies in their operation
1
Role and Impact of Digital Technology and Artificial Intelligence in Contemporary Management_3

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