Over the past few years, AI is gaining fame like a rolling snowball. Every department is gaining benefits from this evolution in technology. Let’s first look into AI in business and see what it really is.
AI is a set of multiple technologies that work in a sequence to make machines able to learn, sense, comprehend, and serve to increase human activities. It will be surprising to know that AI was first introduced in the year 1956, at a convention at a private university in the U.S called Dartmouth. However, at that time it was estimated that AI will be able to carry out human functions within 20 years. Sadly, there weren’t enough funds to keep it running and AI ended up in phase called “AI winter”. Anyhow, things are different now, in 2011 an AI computer developed by IBM surpassed its human counterparts in a renowned game show, jeopardy.
Though AI machine has now promoted from gaming to job seekers. Today, AI is actively contributing to human efforts. With such a pace, AI is expected to become a disruptive technology in the coming decade. In this article, we’ll see how business owners can benefit from AI.