Artificial intelligence has always been an intriguing concept, from the works of Isaac Asimov to the initial work at Dartmouth College in the 1950s. Nowadays, many of the technologies that we rely on each day incorporate some version of artificial intelligence… and more progress is made each day. Of course, for all its benefits, artificial intelligence can also create some problems for businesses.

Let’s explore these advantages and disadvantages, shall we?

A Brief Definition of Artificial Intelligence

Artificial intelligence is more or less what it sounds like. Rather than having a computer system that relies on human input and foresight, artificially intelligent systems are trained to recognize patterns and potential outcomes in data and are given the prerogative to act on the insights it gleans, improving its success record over time as it does so. If you’ve heard of machine learning or witnessed image recognition processes taking place, that’s AI at work. 

As you might imagine, the term “AI” covers a variety of technologies and has an equally wide variety of applications to business processes. This is primarily where AI shows its benefits.

Advantages of Business AI

Let’s review some of the primary advantages that AI can offer a business.

Of course, there are a few drawbacks to AI that need to be addressed and mitigated. 

Disadvantages of Business AI

Let’s break down some of these drawbacks:

So, Is AI a Good Tool for Businesses?

In a lot of ways, yes… so long as you understand its limits and put forth the effort needed to set it (and by extension, yourself) up for success.

COMPANYNAME can help you manage the technology your business’ processes rely on, automating what we can (and properly) so that your team can accomplish as much as they can. Find out more by calling PHONENUMBER today.