The Renovating Effect of AI in Organizations

• Author(s): Dr. Swati John ; Nikhil Dhamane
• Paper ID: 1706516
• Page: 307-317
• Published Date: 14-11-2024
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 8 Issue 5 November-2024

Abstract

This extensive review explores how Artificial Intelligence (AI) influences a spectrum of industries including marketing, healthcare, retail, banking, and public health. Investigating various research papers, it accentuates AI's capacity to reshape business operations by refining processes, enhancing customer interactions, facilitating informed decision-making, and stimulating innovation. However, ethical, privacy, and implementation challenges impede the complete realization of AI's transformative potential. These papers emphasize AI's contributions in tailoring marketing approaches, propelling business evolution, refining healthcare diagnostics, revolutionizing retail and banking systems, and optimizing public health strategies. Addressing ethical dilemmas and employing effective strategies are pivotal for organizations to unlock AI's capabilities, fostering sustainable growth and competitive advantages in the digital era while ensuring originality in content.

Keywords

Artificial Intelligence (AI), industries, business operations, ethical challenges, privacy concerns, implementation strategies, innovation stimulation, and sustainable growth, Digital era.

Citations

IRE Journals:
Dr. Swati John , Nikhil Dhamane "The Renovating Effect of AI in Organizations" Iconic Research And Engineering Journals Volume 8 Issue 5 2024 Page 307-317

IEEE:
Dr. Swati John , Nikhil Dhamane "The Renovating Effect of AI in Organizations" Iconic Research And Engineering Journals, 8(5)