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 artificial intelligence impact business


Artificial Intelligence Impacts Business in 2021

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MobiDev, a US-based software engineering company with development centers in Ukraine, has compiled customers' requests and needs in the area of AI and came with the list of AI trends that matter for Business in 2021. According to 2020's McKinsey Global Survey on artificial intelligence (AI), in 2020 more than 50% of companies have adopted AI in at least one business unit or function, so we witness the emergence of new AI trends. Lockdowns resulted in a massive surge of online activity and an intensive AI adoption in business, education, administration, social interaction, etc. AI techniques have already been applied to face recognition, voice identification, and video analysis. These techniques form the best combo for surveillance. So, in 2021, we can foresee the intensive exploitation of AI in video surveillance.


Artificial Intelligence Impacts Business: the AI-Business Revolution - Datamation

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Artificial intelligence and business, it seems, is a marriage that is all but inevitable. Artificial intelligence is intelligence built into computing systems, or as MIT professor Marvin Minsky put it, "the science of making machines do those things that would be considered intelligent if they were done by people." In sum, this concept of extending the "intelligence" of systems is the core of how AI enables critical advantage for businesses. People use it every day in their personal and professional lives. What is new is are new business offerings thanks to two major factors: 1) a massive increase in computer processing speeds at reasonable costs, and 2) massive amounts of rich data for mining and analysis.