Artificial Intelligence Basics for Senior Executives - Which-50

Artificial intelligence has evolved to become one of the most overused and misunderstood terms in business while also offering the potential to be the driving force in business decision-making, automation, and scalability. Now is the time to develop strategies that set your business up for success for years to come. This article attempts to shed light on the origins, definition, types, business applications, and how senior executives can approach introducing AI to their business. Artificial intelligence (AI) is a broad term and describes technology's ability to perform intellectual tasks typically only performed by humans. Technically speaking, a spreadsheet that helps calculate insurance rates based on a range of inputs can be classified as AI.