Rise of Artificial Intelligence in Business and Industry
Jasmin Praful Bharadiya *
University of the Cumberlands, United States.
Reji Kurien Thomas
Swiss School of Business and Management, Geneva, Switzerland.
Farhan Ahmed
Mid Sweden University, Sweden.
*Author to whom correspondence should be addressed.
Abstract
The ongoing development of business and the most recent advances in artificial intelligence (AI) allow for the many business practices to be improved by the capacity to establish new forms of collaboration, which is a significant competitive advantage. This rapidly developing technology enables to offer brand services and even some new forms of business interactions with consumers and personnel. The digitalization of AI concurrently emphasized for businesses that they need concentrate on their present strategies while also routinely and early pursuing new chances in the market. Not only in business but also in different industry sectors, Al techniques are being used and revolutionized different industry sectors. This review focuses on the application of AI techniques in business and different industries.
Keywords: Artificial intelligence, business, healthcare, pharmaceutical, industry, machine learning ML