Many people still associate artificial intelligence with a science fiction – utopianism, but that characterization is waning as artificial intelligence develops and becomes more commonplace in our daily lives. Today, artificial intelligence has a hands-on experience in household name especially like Google Assistant, Apple’s Siri, Amazon’s Alexa & Microsoft Cortana.
In business, artificial intelligence has a wide range of uses. In fact, most of us interact with artificial intelligence in some form or another on a daily basis. From autonomous cars, machine learning, neural networks & Robotics are disrupting virtually every business process in every industry. As artificial intelligence technologies bloom, they are becoming an imperative for businesses that want to maintain a competitive edge. Before examining how artificial intelligence technologies are impacting the business world, it’s important to define the term. “Artificial intelligence” is a broad and general term that refers to any type of computer software that engages in humanlike activities, including learning, planning and problem-solving.