Understanding Artificial Intelligence and Business in the Near Future

Understanding Artificial Intelligence and Business in the Near Future – For the global village in which, we have found ourselves, it becomes important for us to see how this artificial intelligence can help our business to advance. First wheat comes to your mind when the concept of artificial intelligence is mentioned? Until you come into the full realization of what the concept truly stands for, then using it to help advance our business becomes almost impossible or turns out to be an abuse; As it is fondly said by some persons, that when the purpose of a thing is not known abuse becomes inevitable.

The concept of artificial intelligence has to do with the systematic stimulation of the human sense of activities into machines to perform exactly what a human will do if he or she happens to be absent. A lot of Scholars has however argued over the years that the invention of this human intelligence despite it has its advantage is not good but it will be hard for maintenance and may cause a high level of unemployment, this article will expose to us on the different advantages as well as disadvantages when it comes to business advancement and the society at large. The main characteristic, as well as reason for the introduction of artificial intelligence, is because; artificial intelligence has the ability to rationalize and take actions that have the best chance of achieving specific, constructive, or well-stipulated goals.

We live in a global village that when most people, individuals or citizens hear the concept of artificial intelligence, the first thing that runs through their heart of brain is robots; due to the fact that it how, they have been structured to think and act that the robots are the only thing that can perform like humans unknowing to them that there are a lot of machines still responsible for such actions. Artificial intelligence is carefully structured on the principle that human intelligence can be defined or replicated in a way that a machine can easily mimic it and execute tasks, from the most simple to those that are even more complex.

Carefully looking at our businesses today, there are different ways in which artificial intelligence can help in terms of business advancement due to the fact that the machines are built in a way that there numerous data stored inside that can help do the job much faster than that of Humans. A typical example of this is that of the Automatic Teller Machine (ATM), prior before this century, it was not in existence as humans were doing the counting by themselves but through the introduction of the Automatic Teller Machine (ATM) it enabled the counting of money to become faster and easier; it has also made the bank and saved them the cost of hiring a human labor power to do that Job.

The effects of Artificial Intelligence can never be overemphasized apart from the rate it causes unemployment but for most of the food production companies, it makes production easier. Like for instance Dufil Prima Foods Plc, there was a time they dropped a huge number of workers due to the fact that the machines do the job better and faster than Humans. In an advanced society for you to make more profit with less cost of hiring labor power, artificial intelligence is required.

 

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