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Journal of Business Venturing, AI and Data Analytics

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Artificial Intelligence in Business: Prospects and Dangers
Authors
Affiliations

1 Department of Business Administration, International American University, Los Angeles, CA 90010, USA

2 Department of Electrical & Electronic Engineering, Mymensingh Engineering College, Mymensingh-2208, Bangladesh

3 Department of Computer Science and Engineering, Jahangirnagar University, Kalabagan Rd, Savar 1342, Dhaka, Bangladesh

Author's Details

Name: Md Abdullah Al Mahmud

Email: abdullahiau1@outlook.com

Department: Department of Business Administration

Affiliation Number: 1

Address: Los Angeles, CA 90010, USA

Abstract
Artificial intelligence (AI) is revolutionizing various industries, including business, by improving relationships and interactions between individuals and stakeholders. This technology, combined with robots, has significantly impacted how businesses operate, with the benefits outweighing the risks. AI has changed the way humans perform tasks and brought together humans and machines in ways that were not imagined before. It has revolutionized businesses' decision-making by analyzing large volumes of data and using the results to predict and make suggestions. This new technology has the power to revolutionize corporate decision-making by delivering quicker strategic choices. The progress made by researchers and scientists is considered a huge success. This paper aims to study the importance of AI for business usage, focusing on the opportunities and risks of using AI for business purposes and extending to future interventions of AI concerning business usage.

Keywords: 

Artificial Intelligence, Digital Economy, AI Market, Digital Business, AI world.

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