Club Cobra - What is the role of AI in business?

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What is the role of AI in business?

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08-16-2024 08:45 AM - permalink

JoshuaReeves

Nowadays, AI is used across all industries. Even though mostly it's large companies that can benefit from such advanced solutions, there are plenty of applications of AI, which are available even for small and medium-sized enterprises. AI can help a business in:

personalising and targeting ads
24/7 customer service via phone and chat
conversational commerce
recognising objects
tracking customer behaviour
supporting HR
opinion mining
product recommendations
reducing labour costs with robotics
predictive analysis
optimising costs
updating files
detecting fraud

08-16-2024 09:46 AM - permalink

JimCartom

You are right. AI is extremely important for business, even today, when we are still in the development stage. It is important not in the sense that business cannot survive without it (your business can still function without AI), but in the sense that it is an advantage, more about Oxagile. It can handle tedious, time-consuming tasks more efficiently.

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