Artificial Intelligence (AI) is a field getting more and more attention today. Despite this fact, however, misconceptions still persist about AI.
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In some quarters, for instance, AI’s innovations carry a negative connotation , and are considered almost bad omens. This misconception springs from the content coming out of Hollywood and other countries’ movie industries, which like to portray AI in a dystopian sense: as robots that will kick us out of our jobs, replace our friends and families and eventually annihilate the entire human race. That portrayal is inaccurate and maybe even a little pathetic. Instead, the good news is that AI is not necessarily negative; there are areas of application that promise to make work a better, and less stressful, experience. Consider the following areas of evidence of how AI has become a powerful tool, rather than a sci-fi warning.
1. Artificial intelligence in HR
The responsibilities of human resources departments include overseeing recruitment, training and development, compensation and benefits, compliance and a host of other related responsibilities.
2. Artificial intelligence in time management
Timing is one of the most important factors behind a company’s success. In fact, it accounts for 42 percent of the difference between failure and success. So it’s no surprise that many companies are looking for a way to integrate AI into time management and improve their chances of making accurate predictions based on available emerging and historical data.
3. Artificial intelligence in customer service
A business’s reputation can be made or marred by its customer service reputation. This is what makes customer service such an important part of a business. Yet, dealing with a huge volume of calls, complaints and inquiries daily can be time-consuming and burdensome.
4. AI in portfolio management
Portfolio management is another area of application with a direct impact on entrepreneurship. If you are a stakeholder in investment management, you can count on such AI applications as robo-advisors to provide sound financial advice. These apps can assist with portfolio management with little human input — and often with less commission expense. […]
read more – copyright by www.entrepreneur.com
Artificial Intelligence (AI) is a field getting more and more attention today. Despite this fact, however, misconceptions still persist about AI.
copyright by www.entrepreneur.com
1. Artificial intelligence in HR
The responsibilities of human resources departments include overseeing recruitment, training and development, compensation and benefits, compliance and a host of other related responsibilities.
2. Artificial intelligence in time management
Timing is one of the most important factors behind a company’s success. In fact, it accounts for 42 percent of the difference between failure and success. So it’s no surprise that many companies are looking for a way to integrate AI into time management and improve their chances of making accurate predictions based on available emerging and historical data.
3. Artificial intelligence in customer service
A business’s reputation can be made or marred by its customer service reputation. This is what makes customer service such an important part of a business. Yet, dealing with a huge volume of calls, complaints and inquiries daily can be time-consuming and burdensome.
4. AI in portfolio management
Portfolio management is another area of application with a direct impact on entrepreneurship. If you are a stakeholder in investment management, you can count on such AI applications as robo-advisors to provide sound financial advice. These apps can assist with portfolio management with little human input — and often with less commission expense. […]
read more – copyright by www.entrepreneur.com
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