The Effectiveness of Artificial Intelligence Projects in Business Growth

Running head: USE OF ARTIFICIAL INTELLIGENCE
USE OF ARTIFICIAL INTELLIGENCE
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USE OF ARTIFICIAL INTELLIGENCE1
Introduction:
The aim of this paper is to discuss the effectiveness of Artificial intelligence projects
which have become one of the most important aspects of the business growth in any type of
industry stock starting from manufacturing to selling the products and serving the customers
over phone online are some of the very important actions that the companies are doing with
the help of artificial intelligence. This particular paper will be discussing the article by
Andrew NG who was associated with Google and Baidu to develop their different types of
projects and making scope for business to adapt these changes. According to the author the
non-internet sectors need artificial intelligence more than and any other industries. For
example artificial intelligence is used in the agriculture, retail, logistics, education and energy
sectors where there is no direct use of internet for the production or customer care. By using
artificial intelligence the organisations are trying to differentiate themselves and reduce cost
of the human employment. this paper will be discussing for questions pointed out of the
article and answer them with the support of the views of different authors.
Question 1.
Why the business are leaning towards using the artificial intelligence?
The business of the competitive modern world are leaning towards using artificial
intelligence because of its five traits first of all these type of projects are giving the
companies a quick win over the Rival companies in the competitive market. Secondly these
projects are not so very well thought out for meeting subtle or critical aspects of the business
problems but are trivial to handle properly. Thirdly as mentioned by Miller (2018), these
artificial intelligence projects are quite specific for the industries which can be mould to use
specifically for one department for one particular tasks. Fourthly, the AI projects are able to

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create value for the business with 3 particular aspects overcome any type of sudden changes
in the organisation and finally the projects are completed among the credible partners with
their limited resources and means. The study by Takeuchi, Akihara and Yamamoto (2018),
has referred to the same subject on the specific automobile industry. Here the author has
detailed the needs of the artificial intelligence in the manufacturing of the automobile parts
where the team work is very important. However the teams can also do the task what the first
projects are always important to win so that the rest of the departments can follow it and try
to you utilise this type of artificial intelligence mechanism to do their task more easily.
Question 2.
How much relevancy the artificial intelligence have for business?
The article named “How to choose your first Artificial Intelligence project?” by
Andrew Ng Has pointed out that at the relevancy of the artificial intelligence is important for
the business use. In case the artificial intelligence does not match with the relevancy of the
demand they are of no use for the business. This is the reason why the companies must
understand exactly what the department is asking for and then find out the specificity of that
project in this article the author has understood why and how the projects often fail. To
Müller and Bostrom (2016), the companies do not understand how a specific project can
make the stakeholders understand their value properly this is the reason why they use
artificial intelligence with huge investment but cannot get the result properly. in this regard
the author has given an example that when a medical devices company uses artificial
intelligence in the recruitment projects they may fail. To Eliot (2017), there is a high chance
that at the artificial intelligence in this regard will definitely fail. Firstly there are more expert
companies which will be able to develop search common artificial intelligence project for