Is AI applicable to all Business Problems

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2270 views

My own work in this area suggests that there are specific areas where the use of traditional machine learning techniques will be more relevant.

Richard Boire
81 months ago

7 answers

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Machine learning is also a field of AI. AI is vast and yes it can be applicable to almost all business problems. The definition of AI says making machines think like Human so whereever we are working on making machines think like humans we are using AI.

Harpreet Sethi
78 months ago
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I would say yes, Artificial Intelligence can be useful wherever intelligence is useful. The questionable part can be how it can be useful?

Mohammad M. Aref
75 months ago
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In a few years "every major decision, business and personal, will be made with the assistance of cognitive technologies“, predicts IBM Watson's UK Director of Paul Ryan. All business problems, require decisions based on information, experience and predictions. So yes, AI can be applied everywhere.

Patrick Henz
75 months ago
Exactly, we used to name someone as a sucessful businessperson if we see the person has good knowledge (dataset) and makes good decisions based on that knowledge (AI method). - Mohammad 75 months ago
Yes, so often AI will not replace human employees. But employees efficiently using AI will replace others which not. - Patrick 75 months ago
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Hi, AI is something that can be applied largely to businesses problems where extreme amount of data is available. Some business areas like agriculture, logistics, transportation, infrastructure, health, energry, manufacturing, education, operations, ecommerce, fashion, retail, real estate, finance and marketing are the critical areas where AI can be applied strongly. These sectors have unlimited amount of data where AI can be applied significantly.

Layak Singh
81 months ago
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As usual, solution to a problem will largely depend on the problem itself. AI is expected to be applicable to new and unusual situations and problems, while for routine and repetitive situations with known necessary modifications it would be more efficient to use traditional machine learning techniques and automatization methods.

VGG-Consulting /
81 months ago
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It could be challenging to just set up rules for machines, algorithms could help. Search engines do not have specific rules for ads, machine learning check user behaviors and act accordingly. Having data already categorized could be useful too. AI could create relationships between many variables even when humans couldn't and this could be applied to different area. Indeed it is an investment at the very beginning, but this could save time and cost at a later stage. For example AI is beneficial for Financial, Sales, Logistics, HR, R&D and Marketing.

Paolo Beffagnotti
75 months ago
With AI it is possible for optimizing product portfolio, expanding ecosystem, and pushing barriers, helping companies with cloud, low-code, and more. Every business wants speed, security, scale, and ease of use, when it comes to technology. This need for speed is driving growth as customers partner because of the breadth and depth of our product capabilities. - Jatindranath 17 months ago
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Industries will be in the position to provide greater benefits to consumers and fulfill their demands in real-time; also, the supply chain will be incredibly efficient. Thus, artificial intelligence (AI), by its definition, seems to be an effective solution and promises to redefine the manufacturing industry.

Jatindranath Das
17 months ago
d.jatindranath@yahoo.inAI is transforming every walk of life. It is a wide-ranging tool that enables people to rethink how we integrate information, analyze data, and use the resulting insights to enhance decision-making. - Jatindranath 17 months ago

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