AN IMPACT OF ARTIFICIAL INTELLIGENCE ON BUSINESS

AN IMPACT OF ARTIFICIAL INTELLIGENCE ON BUSINESS

JATIN ATTRI

Guide: Ms. Swarnika Panday

BBA- VI Sem

BACHELOR OF BUSINESS ADMINISTRATION

GALGOTIAS UNIVERSITY, GREATER NOIDA

ABSTRACT

Innovations and technical advances in the modern age occur almost overnight, making this era one of the most exciting in human history.  Artificial intelligence is the technology behind many recent innovations, including industrial robots, self-driving automobiles, fitness monitors, and online education. Artificial intelligence (AI) now permeates every aspect of our life, from personal relationships to professional endeavors. The advancements in artificial intelligence over the last several years have been astonishing, and now almost every company is rethinking its strategy and business models to include AI in every step of its operations. However, companies need to pay attention to the effect of this AI deployment since they are not yet aware of the repercussions. The goal of this study is to investigate corporate decision-makers and ordinary workers in organizations in the Indian state of Rajasthan to learn more about the effect that AI has on these organizations. In order to get information from the sample, an online survey tool is used. We used one-way ANOVA and a variety of frequency tables and graphs to examine the results. The research takes into account four distinct business characteristics to determine the impact of AI. The study presented here demonstrates that AI is already broadly acknowledged and offers several prospects and potential to revolutionise the workplace. The fast technology improvements in human life and business provide new difficulties, but AI will help firms prepare for them. Artificial intelligence has been shown to have a favourable effect on every facet of an organization, from marketing to accounting.

Key Words:  Technologies, Robotics, AI, Business Models, Automation