In the corporate world, Artificial Intelligence (AI) is one of the rapidly expanding fields that is receiving increased attention. Artificial Intelligence is already being used in numerous areas, including business and daily life. Business use of AI may force the sector to rely on cheaper ,quicker, and more accurate marketing strategies. Using AI in marketing strategies can help an entrepreneur stand out from other online firms by increasing consumer response and competitiveness. Additionally,it provides solutions for difficult tasks, which aids in the rapid expansion of businesses.
The term “ARTIFICIAL INTELLIGENCE”, which is becoming more and more common ,is not well defined .Artificial intelligence ,to put it technically, is the process of integrating cloud computing, network devices,robots,computer and digital content creation with a variety of corporate processes, systems and day to day activities. In the past, present and future artificial intelligence computers will exist. For future marketing campaigns, it is imperative to embrace the growth and development of artificial intelligence.
Business Uses for exception to the Artificial Intelligence: The field of marketing and advertising is not an fast growing centrality of artificial intelligence (AI) in the daily digital world. AI is transforming industries one by one form tesla’s self-driving cars to google AI, which can learn video games in just a few hours. Artificial intelligence includes using virtual personal assistants to improve customer service, identifying patterns in data to reduce market risks and even analyzing millions of papers on a company’s. However, businesses have only recently been able to foresee and imagine the potential that robotics and artificial intelligence may offer to the corporate sector.
The Problem Resume: Artificial intelligence is being applied to a variety of business operations across a range of functional domains. As the center of the business, marketing is one of them. The marketing environment is being altered by artificial intelligence (AI),and in the near future it will undergo a total transformation. The literature on this topic is limited when both disciplines are merged, despite the fact that marketing is one of the main business uses of AI today and early adopters are trying to generate value from it. Less than 50 papers in business-related journals on Scopus having to do with marketing and artificial intelligence.
Automation And Effectiveness :Artificial intelligence (AI) technology automates routine and repetitive processes, freeing up human resources to concentrate on more strategic and sophisticated jobs that increase operational efficiency and save costs. Various machines have been established on the garments which are fully automated in nature making it easier for companies to produce more in an efficient way.
The Business World Is Being Transformed By AI: Artificial intelligence is bringing about a revolution in the business sector by problem solving and altering businesses. Retail, manufacturing, healthcare and finance are just a handful of the sectors where artificial intelligence is quickly being effective .AI is advancing healthcare by increasing the precision and speed of medical diagnostics. AI algorithms can evaluate enormous volumes of data. In the financial sector, AI technology facilitates the automation of credit scoring procedures, leading to quicker and more precise evaluations of creditworthiness.
In a nutshell, it can be said that the time is not far when AI will take over most of the business sectors and will reign indefinitely. It is high time, Bangladesh introduced AI Learning capacity in educational institutions to meet upcoming challenges in business sectors.
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Writer,
Tithi Rani Sarkar
Intern,
Content Writing Department,
YSSE