How to Get the Most out of AI in 2023: 7 Applications of Artificial Intelligence in Business

Using sentiment analysis, businesses detect the opinions expressed by customers and measure feedback placed in millions of web pages, reviews, and forums. Content marketing has many types and forms such as blogs, social media posts, podcasts, videos, infographics, whitepapers, case studies, eBooks, how-to-guides, webinars, email marketing, etc. An unimaginable number of consumers are looking online for products and services every second. These are systems that suggest products or information to users based on special data analysis methods.

They do so by accelerating the response duration and answering 80% of routine customer questions. It may still be a while, however, until the speed and accuracy of speech-to-text and text-to-speech models are sufficient to fully replace phone representatives. From television and gaming consoles to thermostats and lightbulbs, these integrated devices make people’s lives easier and more accessible. Increasingly, these devices are able to leverage large language models and accurate human speech synthesis, even for a cheap price. If you’re in a similar business, consider utilizing modern AI solutions to make your smart products appealing choices in the market. As an example, Seth Earley, author of The AI-Powered Enterprise and founder and CEO of Earley Information Science, pointed to a company using AI to improve its telecommunications platform.

top applications of artificial intelligence in business

This can help businesses better plan their operations and allocate resources more effectively. In a related application, organizations are deploying AI-powered systems that coach employees as they work. The technology, experts explained, has the capability to monitor and analyze actions in near real time and provide feedback, thereby coaching or guiding workers through the process. Intelligent tools can be used to customize educational plans to each worker’s learning needs and understanding levels based on their experience and knowledge.

Utilizing AI for your resume optimization can bolster your presentation and boost your chances of securing your dream job. Reading long-form articles can be time-consuming, especially when staying up-to-date with your industry’s latest news and trends. But with AI, you can quickly get the gist of any article without having to read it in its entirety. With the power of AI, you can generate persuasive sales copy that captures your visitors’ attention and motivates them to take action.

How Being the Oldest Child Impacts Your Success in Business and Life

This can save you much time and effort, especially when experiencing writer’s block. Creating a professional and compelling resume can be challenging, especially when trying to stand out in a competitive how can i use ai in my business job market. AI can enhance your resume and increase your chances of getting noticed by employers. It can even help with layouts and formatting, which can be challenging in MS Word.

Artificial intelligence (AI) has become essential for businesses to streamline operations and improve overall efficiency. AI-powered tools can help companies automate time-consuming tasks, gain insights from vast data and make informed decisions. Virtual assistants utilize natural language, face recognition, and object identification to learn the user’s habits and preferences. After that, assistants suggest relevant products and services to the users, leading to more conversions for the business. In fact, Alexa has 100,000+ skills, making it a widely-used smart assistant all over the world. In the next decade, the usefulness and “human factor” of these virtual assistants are expected to improve significantly, likely causing their usage to skyrocket.

AI for functional area improvements

Over the years, every major technological innovation (such as the steam engine, the internet and social media) expanded demand for work. Workers who understand how businesses can best optimize technologies, improve workflows and grow profitability will always be in demand. Using AI to edit your photos, you can create stunning visuals for your website, social media posts, or personal projects without learning complex editing software or techniques. AI can suggest code snippets, identify errors, and generate code based on your specifications. This can save you a lot of time and effort and help you create more efficient and reliable code. One of the most time-consuming tasks for small-business owners is writing content.

• Using sentiment analysis, businesses detect the opinions expressed by customers and measure feedback placed in millions of web pages, reviews, and forums.
• The founders that recognize this fact early on and invest in building a comprehensive, accurate, high-quality data foundation will be those that are set up for longevity.
• Fifty-eight percent believe ChatGPT will create a personalized customer experience, while 70% believe that ChatGPT will help generate content quickly.
• Content marketing has many types and forms such as blogs, social media posts, podcasts, videos, infographics, whitepapers, case studies, eBooks, how-to-guides, webinars, email marketing, etc.
• There’s no doubt that AI is a technology that will transform every business, every company, in every industry.