1 Department of Computer Engineering, Ganpat University, Mehsana, Gujrat, India.
2 Department of Computer Science Engineering, Chouksey Engineering College, Bilaspur, Chhattisgarh, India.
* Corresponding author. Email: rahuljaincse51@gmail.com
Manuscript submitted April 19, 2023; accepted May 15, 2023; published March 23, 2023.
Abstract: This research paper delves into the ways in which Artificial Intelligence (AI) is changing the landscape of businesses as a disruptive technology. It examines the opportunities and obstacles presented by AI and provides insights into the present state of its implementation as well as its potential for future growth. The research methodology involves a thorough literature review, analysis of case studies and surveys, and interviews with experts. The findings reveal that AI has the capability to significantly enhance business operations by improving productivity, reducing costs, and facilitating better decision-making. However, its implementation also poses challenges such as data privacy and security concerns, ethical considerations, and potential job displacement. The paper concludes by offering recommendations to businesses seeking to adopt AI and stresses the importance of collaboration among stakeholders such as policymakers, businesses, and others.
Key words: Artificial intelligence, business management, emerging trends, financial sector, data privacy.
Cite: Rahul Jain, Sejal Mishra, Dhiren Prajapati, and Chirag Patel, "The Intersection of Artificial Intelligence and Business: A Study of Impact and Implications," Journal of Advances in Artificial Intelligence, Vol. 1, No. 1, pp. 45-48, 2023. doi: 10.18178/JAAI.2023.1.1.45-48
Copyright © 2023 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).
