AI in Business

Updated November 2026. This was first published on 31 August 2020. The idea is the same. Any number below is what the original piece said then. It is not a new count.

Key takeaways

Artificial Intelligence, or popularly known as AI, is a concept that has moved us forward towards a new dimension of reality.
With more and more people getting aquainted with AI, more students getting trained in it and people accepting it as the future of the world, what exactly is AI, becomes a staggering question.
Artificial Intelligence is the ability of a computer or a robot controlled programatically to do tasks usually done by humans.

Artificial Intelligence, or popularly known as AI, is a concept that has moved us forward towards a new dimension of reality. With more and more people getting aquainted with AI, more students getting trained in it and people accepting it as the future of the world, what exactly is AI, becomes a staggering question.

Artificial Intelligence is the ability of a computer or a robot controlled programatically to do tasks usually done by humans. The irony of artificial intelligence But is that there are numerous techniques through which one can apply artificial intelligence but once the techniques are mass produces, they usually end up being less of AI!

Some of the examples of artificial intelligence include, autonomous vehicles, medical diagnosis, search engines, online assistants. If you have ever used Alexa, ride sharing app like Ola or Facebook’s facial recognition, you are a part of the AI family! What makes AI part of the business ecosystem, is its ability to predict and make decisions based on data.

We are in 2020, the year that many believe has been installed with a virus! With a global pandemic moving around, technologist all over the world are trying to figure out a way to use artificial intelligence to keep the world safe.

AI algorithms are all about intercepting, reading and analyzing the data to uncover potential threats. One such software is BlueDot which helps to track, locate, contextualize and anticipate the spread of the infection. This way the doctors can identify where to perform tests, they can help eradicate the epidemic, helping lives all around the world.

Time is money, in this case, time is life! AI softwares not only helped in predicting but also in doing this faster. BlueDot software had predicted the coming of an epidemic long before WHO even said anything about it! But, telling that there is a danger is one thing, what about solving it!

The Power Glasses #

The main symptom of COVID-19 is fever and a Chinese technology start up Rokid, has developed AI powered glasses that enable officers to measure the temperature of the general population from a distance of one meter. With these power glasses becoming popular, even hospitals, staff and patients have started using them..

Robotic Receptionist #

Not everyone can work from home and coming out of it requires human contact. Keeping the safety of its people in mind, a Polish company Weegree has installed a robo-receptionist in their office. The robo-receptionist checks for the fever of anyone coming into the office, santizes the vistors before requesting to wear on a protective mask.

The WHO Chatbot #

Whatsapp has become a source of NEWS for millions across the world, But, often the ‘WhatsApp News? Considering the amount of queries, Whatsapp recently launched a chatbot in partnership with WHO, which offers a system that reports the latest numbers in real time.

Ventilators are a critical equipment in our fight against Covid 19. Computer scientists in Copenhagen University, are developing softwares that can predict the number of hospitalized patients who might be in need of ventilators in the coming hours.

AI can help business users across the world to increase sales, detect fraud, improve customer experience, automate work and much more!

Algorithms for All #

Having a product is one thing but reaching it to the right person is a different ball game altogether. Using artificial intelligence, businesses can spend less money serving inefficient advertisements and instead speak directly to them using engaging profile.

Bots for the Customers #

If you have been using the websites extensively, you must know that there are so many of them that pop up the customer service chat bots. A customized bot helps in answering general questions and improves the customer satifiscation. Bots can be available to customers 24/7 and with machine learning can solve the frequently asked questions as problems.

Medical Imaging #

AI in medicine field is used to transform models and predict possible situations. Diagnostic platforms equipped with high image processing what it can do help further in detecting possible diseases. We can even analyse gene and its components. This can be used to predict the impact of gene edits.

AI is not just for heavy tasks but is being used everywhere, including the entertainment industry. AI plays a huge role in recommending a video in Youtube or a show in Netflix or creating a playlist on Spotify. Even more using the past data usage, bandwidth usage is predicted to help decide when to cache regional data for faster load times during peak demand of streaming.

Increased Productivity #

Often machines are considered a bane when it comes to employing people. in a new study it has been revealed that instead of reducing the workforce, the productivity can be increased by assigning the routine task to the machines, giving space for creativity to the customers.

Business is all about building trust and making money! Both of which require less of mistakes and more of risks. All of which is provided by Artificial Intelligence. Let us look at the advantages that artificial intelligence has to offer!

Reduced Human Error #

If programmed correctly, computers make no mistakes making lives around better. For instance, in whether forecasting, using AI has reduced majority of human error. Since decision making in artificial intelligence is all about taking the older data, the accuracy of decision making becomes more precise.

Supply Chain Management #

companies all around are turning to algorithms to improve fleet management, logistics processing and numerous other tasks. New techniques like drone delivery and automated vehicles. The IoT which is used to place sensors on raw materials, components and materials is shaping the business by collecting massive amounts of data. can be fed into analytics business. AI use cases like image recognition, gesture interfaces among others are used to simplify automation. As per the recent reports of McKinsey & Company, AI improves forecasting by 10 percent, causing a 5 percent reduction in cost.

More Risks Involved #

With Artificial Intelligence, we as humans get more power to take risky decisions. Be it going to mars or explore the deepest parts of the ocean, the risky tasks can be done with machines, saving many lives.

24 * 7 Availability #

Humans are built in a way that they require breaks, working for 4-6 hours a day along with breaks. But with machines, this can be handled better. For example, educational institutes and helpline centers which require to handle many queries all throught, can be done using machines.

Wrapping It Up #

Artificial intelligence is definitely the future of the world. Be it in transportation, where autonomous cars will ferry around the world or healthcare, where diseases are more accurately diagnosed, drug recovery is sped and streamlined. Journalism is another field ready to take advantage of Artificial Intelligence, along with education. uses AI to create a better experience for all the students. More and more companies will soon be taping into the field of artificial intelligence.

Questions and answers #

What is the main point? #

Artificial Intelligence, or popularly known as AI, is a concept that has moved us forward towards a new dimension of reality.

What else did the original piece say? #

With more and more people getting aquainted with AI, more students getting trained in it and people accepting it as the future of the world, what exactly is AI, becomes a staggering question.