What Does the Future Hold For AI In Business!
The Rise of ‘Disruptive Technologies’ Disruptive innovation is one that essentially wipes out or replaces an existing market or value network. Over the years, many technological innovations have managed to displace existing systems. However, in the world of business, everything has an expiry date. Technology has shown striking evidence of disrupting existing operations, algorithms, jobs as well as markets and the pace at which this is happening is exponential. New innovations have a shelf life or validity of fewer than five years. The competition is intense and platforms for tech-based innovations are growing day by day. In this scenario, artificial intelligence has made a breakthrough like no other. AI and its Impact on Businesses Artificial intelligence in machines, as an idea, has existed for many decades but it is only now that average workplaces are able to experience scalable advantages of these systems. For sectors ranging from finance to logistics and media to governan