Challenges of artificial intelligence in business curriculum

Artificial Intelligence (AI) is becoming an important component of various sectors and in decision-making in various domains. Research in AI has seen tremendous growth, thanks to big data, escalated processing speed, and innovations in AI-based models. McKinsey Global Institute predicts that by 2030, at least 70 percent of companies will have to adopt at least one type of AI technology and around 60 percent of the current occupations will be automated in the next ten years. Recognizing the importance of AI in almost every field, many countries have regarded AI as a national priority. To promote AI and the research involved, the USA launched the American Artificial Intelligence Initiative in 2019.