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5 ways artificial intelligence helps businesses

  • 2 mths ago

Technology has brought on a lot of amazing innovations, and artificial intelligence is one of them.

Artificial intelligence has been around for quite a while now, and it has helped us in a lot of ways. It has improved the way we interact in our daily lives and even helped the way businesses operate. 

To take it a step further, some scientists and analysts have stated that the advancement of AI is so rapid that they believe it will surpass human intelligence by 2045. Due to this analysis, artificial intelligence stocks have gone through the roof.

Now, a lot of businesses are incorporating artificial intelligence into their everyday tasks. But what is artificial intelligence? And why is it making the front lines of every news outlet these days?

 If you’re wondering how exactly AI can help your business, you’re in luck. I have listed five of the best ways artificial intelligence can help a business.

Product recommendation systems that boost revenue

Since the inception of businesses, one of its main goals has remained to bring in revenue. However, this seems to have become a major problem, nowadays.

Only about 10% of startups and businesses actually make it past five years of establishment. Many others are forced to close due to a lack of revenue influx.

AI has brought a solution to this, and it becomes better as it learns more about business. Now, there are machine learning and artificial intelligence systems on social media and search engines that recommend products to users using some special analysis. 

They would only recommend products based on that particular user’s personal taste, which sharply improves marketing efficiency. 

Continue reading: https://knowtechie.com/5-ways-artificial-intelligence-helps-businesses/

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