000 01933nam a22001457a 4500
999 _c528637
_d528637
008 241224b ||||| |||| 00| 0 eng d
100 _aSarkar, Partha Sarathi
_949588
245 _aBusiness environment and AI: A review to understand the future
260 _aASCI: Journal of Management
300 _a52(2), Sep, 2023: p.57-69
520 _aThe rapid advancement of Artificial Intelligence (AI) is profoundly reshaping the business environment, offering unprecedented opportunities for efficiency, innovation, and strategic advantage. This article provides a comprehensive review of the current and future implications of AI on the business trajectory. It explores the prevailing trends in AI adoption, including automation, data-driven decisionmaking, and personalized customer experiences. The review delves into AI applications across key industries such as healthcare, finance, retail, and manufacturing, highlighting significant contributions to operational efficiency and service enhancement. Additionally, it addresses the challenges associated with AI integration, notably data privacy and security, bias and fairness, the skill gap, and ethical considerations. The article concludes by examining the future implications of AI, predicting enhanced productivity, the emergence of new business models, competitive advantages for early adopters, and evolving regulatory frameworks. This review aims to equip business leaders and stakeholders with a nuanced understanding of AI's transformative potential and the strategic considerations necessary for its effective implementation.- Reproduced https://scholar.google.co.in/scholar?q=Business+environment+and+AI:+A+review+to+understand+the+future+A+SCI+journal&hl=en&as_sdt=0&as_vis=1&oi=scholart
650 _aStrategic advantage, Business trajectory, AI adoption, AI integration, Business models.
_949589
773 _aASCI: Journal of Management
942 _cAR