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TRACK
TOPIC
DESCRIPTION:
Since the first
time the term
was adopted in
1956, Artificial
Intelligence has
remained the
‘hot word’ of
the moment for
many industries.
AI could be
described „as
capability of a
computer to
perform tasks
without
supervision that
normally require
human brainwork“
(Weizmann,
2022).
Amazon gives one
useful
definition of
AI, calling it
“the field of
computer science
dedicated to
solving
cognitive
problems
commonly
associated with
human
intelligence,
such as learning,
problem solving,
and pattern
recognition”.
“Artificial
intelligence is
kind of the
second coming of
software,” said
Amir Husain,
founder and CEO
of
machine-learning
company
SparkCognition.
“It’s a form
of software that
makes decisions
on its own,
that’s able to
act even in
situations not
foreseen by the
programmers.
Artificial
intelligence has
a wider latitude
of
decision-making
ability as
opposed to
traditional
software.”
Artificial
intelligence is
not a system in
itself but can
be included in a
business or
organisation
systems. As AI
technologies
proliferate,
they are
becoming
imperative to
maintain a
competitive edge.
In business,
artificial
intelligence has
a wide range of
uses such as
saving time,
improving
customer
experience,
automating of
customer
relationships,
predicting
outcomes, etc.
Some of the most
standard uses of
AI are machine
learning,
cybersecurity,
customer
relationship
management,
internet
searches and
personal
assistants. Like
other
technologies, AI
can’t complete
tasks by itself.
To address the
challenges of AI
application,
business leaders
and executives
must create an
AI roadmap to
understand how
the technology
will help the
business achieve
its goals. All
this must be
done in
collaboration
with the
scientists and
researchers.
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