IJSTR

International Journal of Scientific & Technology Research

IJSTR@Facebook IJSTR@Twitter IJSTR@Linkedin
Home About Us Scope Editorial Board Blog/Latest News Contact Us
CALL FOR PAPERS
AUTHORS
DOWNLOADS
CONTACT
QR CODE
IJSTR-QR Code

IJSTR >> Volume 7 - Issue 5, May 2018 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



The Current And Future Impact Of Artificial Intelligence On Business

[Full Text]

 

AUTHOR(S)

Ann Geisel

 

KEYWORDS

AI in marketing, artificial intelligence, business intelligence, future of AI, preparing for AI

 

ABSTRACT

The use of artificial intelligence (AI) programs has become widespread in business processes. There is some confusion as to what technology is considered AI. There are several levels or types of AI. When referring to artificial intelligence, it is necessary to define the capabilities of the technology. Businesses use a fundamental form of AI, with limited learning capabilities. The costs of the use and development of AI run the continuum from potential job loss or retraining to danger to human life. There may be aspects of the evolving technology that haven’t yet been considered. AI has the potential to create a better world for humanity. Artificial intelligence will continue to evolve in the future and change the landscape of business. Both individuals and organizations need to prepare for the future by embracing the technology and understanding which shifts are required to be successful in the future.

 

REFERENCES

[1] Adams, R. L., “10 powerful examples of artificial intelligence in use today,”Forbes, https://www.forbes.com/sites/robertadams/2017/01/10/10-powerful-examples-of-artificial-intelligence-in-use-today/#2fd895e9420d. January 10, 2017.

[2] Hauser, L., “Artificial Intelligence,” Internet Encyclopedia of Philosophy, ISSN 2161-0002: http://www.iep.utm.edu/art-inte/#H2. February 21, 2018

[3] Committee on Technology. Subcommittee on Machine Learning and Artificial Intelligence, “Preparing for the future of artificial intelligence,” Washington, DC: Office of Science and Technology Policy. 2016

[4] Hintze, A., “Understanding the four types of AI, from reactive robots to self-aware beings,” The Conversation, http://theconversation.com/understanding-the-four-types-of-ai-from-reactive-robots-to-self-aware-beings-67616. November 13, 2016

[5] Ovaska-Few, S., “How artificial intelligence is changing accounting,” Journal of Accountancy, https://www.journalofaccountancy.com/newsletters/2017/oct/artificial-intelligence-changing-accounting.html. October 10, 2017

[6] Future of Life Institute, “Benefits & risks of artificial intelligence,” Future of Life Institute, https://futureoflife.org/background/benefits-risks-of-artificial-intelligence/. 2018

[7] Davidson, P., “Automation could kill 73 million U.S. jobs by 2030,” USA Today, https://www.usatoday.com/story/money/2017/11/29/automation-could-kill-73-million-u-s-jobs-2030/899878001/. November 28, 2017

[8] Greenhouse, S., “Autonomous vehicles could cost America 5 million jobs. What should we do about it?” Los Angeles Time,: http://www.latimes.com/opinion/op-ed/la-oe-greenhouse-driverless-job-loss-20160922-snap-story.html. September 22, 2016

[9] Seliger, E., & Hartzog, W., “The dangers of trusting robots: AI: The ultimate guide,” BBC, http://www.bbc.com/future/story/20150812-how-to-tell-a-good-robot-from-the-bad. August 12, 2015

[10] Muller, V. C., “Risks of general artificial intelligence,” Journal of Experimental & Theoretical Artificial Intelligence, vol. 26 no. 3, pp. 297-301. 2014

[11] Sainato, M., “Stepen Hawking, Elon Musk, and Bill Gates warn about artificial intelligence,” Observer, http://observer.com/2015/08/stephen-hawking-elon-musk-and-bill-gates-warn-about-artificial-intelligence/. August 19, 2015

[12] Davidow, W. H., & Malone, M., “What happens to society when robots replace workers?” Harvard Business Review, https://hbr.org/2014/12/what-happens-to-society-when-robots-replace-workers. December 10, 2014

[13] Rao, A., “A strategist's guide to artificial intelligence,” Strategy + Business, https://www.strategy-business.com/article/A-Strategists-Guide-to-Artificial-Intelligence?gko=0abb5. Issue 87, May 10, 2017

[14] Live Tiles, “15 pros and cons of artificial intelligence in the classroom,” Live Tiles, https://www.livetiles.nyc/blog/pros-cons-artificial-intelligence-classroom/. June 5, 2017

[15] Joao-Pierre, R., “6 examples of AI in business intelligence applications,” Techemergence, https://www.techemergence.com/ai-in-business-intelligence-applications/. August 24, 2017

[16] Smith, R., “IBM's Watson artificial intelligence project is probably a whole lot bigger than you ever imagined,” The Motley Fool, https://www.fool.com/investing/2017/08/30/ibm-watson-everything-you-ever-wanted-to-know.aspx. August 30, 2017

[17] Business Dictionary, “Marketing,” Business Dictionary, http://www.businessdictionary.com/definition/marketing.html. 2018
[18] Rothaermel, F. T., Strategic management, 3rd ed., New York, NY: McGaw-Hill Education. 2017

[19] Pegasystems Inc., “4 ways to drive customer engagement with AI,” Forbes, https://www.forbes.com/sites/insights-pega/2017/11/02/4-ways-to-drive-customer-engagement-with-ai/#305fabb22cde. November 2, 2017

[20] Roetzer, P., “The marketing performance code: Strategies and technologies to build and measure business success,” Hoboken, NJ: John Wiley & Sons, Inc. 2014

[21] Conick, H., “The past, present and future of AI in marketing,” Marketing News, vol. 51 no. 1, pp. 26-35. 2017

[22] Saxby, A., “What's the difference between sales and marketing?” Chief Outsiders: Fractional CMOs for Accelerating Growth, https://www.chiefoutsiders.com/blog/bid/97817/what-s-the-difference-between-sales-and-marketing. July 20, 2013

[23] NASDAQ OMX's News Release Distribution Channel, “Artificial intelligence technology is changing how marketing and sales organizations interact with leads,” NASDAQ OMX's News Release Distribution Channel, nnu.idm.oclc.org/login?url=https://search-proquest-com.nnu.idm.oclc.org/docview/1590812588?accountid=36492. October 6, 2014

[24] Fatemi, F., “Artificial intelligence is transforming sales in suprising ways,” Forbes, https://www.forbes.com/sites/falonfatemi/2017/11/28/artificial-intelligence-is-transforming-sales-in-ways-you-havent-thought-of/#e4cef0523a4c. November 28, 2017

[25] Computer, E., “Artificial intelligence transforming the future of work,” Express Computer nnu.idm.oclc.org/login?url=https://search-proquest-com.nnu.idm.oclc.org/docview/1911103619?accountid=36492. 2017

[26] Fredman, J., “The role of accounting & finance in business management,” Chron, http://smallbusiness.chron.com/role-accounting-finance-business-management-65620.html#. 2018

[27] Predictive Analytics Today, “What is predictive analytics,” Predictive Analytics Today, https://www.predictiveanalyticstoday.com/what-is-predictive-analytics/. 2018

[28] United States, “Artificial intelligence, automation, and the economy,” Washington, DC: Executive Office of the President. 2016

[29] Startup Daily, “What impact will artificial intelligence have on the future of business?” Startup Daily, http://www.startupdaily.net/what-impact-will-artificial-intelligence-have-on-the-future-of-business/. 2018

[30] Hallevy, G., “When robots kill: Artificial intelligence under criminal law,” Lebanon, NH: University Press of New England. 2013