What is AI and why it matters in business?
Artificial Intelligence (AI) is not just a buzzword; it’s a transformative force that is revolutionizing how businesses operate across the globe. For many companies, AI is becoming an essential tool to stay competitive in an increasingly digital world. But what exactly is AI, and why is it so important for business professionals to understand its basics?
At its core, AI refers to the development of computer systems that can perform tasks normally requiring human intelligence, such as recognizing speech, making decisions, and learning from experience. Unlike traditional software, which follows explicit instructions, AI systems learn from data and improve over time, making them particularly powerful in business environments.
One of the most significant advantages of AI is its ability to automate repetitive tasks. This automation not only increases efficiency but also allows human employees to focus on more complex, creative, and strategic work. For example, AI-driven chatbots in...
