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Why is it important to use AI for business?

 
 
Vupl
 
Reply Wed 5 Feb, 2025 04:02 pm
In recent years, artificial intelligence has become an integral part of many industries and businesses in general. With its help, companies can automate processes, increase forecast accuracy, improve customer interactions, and significantly reduce costs. All these benefits make AI an important tool in modern business. However, in order to properly integrate AI into a company’s operations, it is important to understand its potential impact on processes and people, as well as how to get the most out of such technologies.

So why is it so important to use AI in business, and what specific benefits can it provide to improve a company’s operations and competitiveness?
 
jespah
 
  6  
Reply Wed 5 Feb, 2025 10:06 pm
@Vupl,
AI is important for lots of reasons!
  • To destroy the planet even faster, because it's incredibly polluting (just like our old friend, cryptocurrency)
  • To steal copyrighted material from creators without giving them credit or compensation for their work
  • To lay off as many people as possible and then blame them for not being able to find jobs. Extra points if the layoffs are of people who are older, and then have hiring managers discriminate against them on the basis of age (because age discrimination is notoriously difficult to prove, so there's another win for corporations right there)
  • To replace content and art with soulless regurgitated junk, rather than the creative output of people who are passionate about what they do
  • To overuse the word delve, more than it's been used in the last 20 years online and 200 years offline
  • To justify the ridiculous expense and overinflated hype that surrounds AI, so the people behind the AI hype machine won't look like coked-up squirrels (well, not any more than they usually do)
  • To stick it to China, but oops, they made their own AI on the cheap. And anyone who believes the Chinese AI was created from scratch (rather than simply taking copyrighted work, which is exactly what AI does, see above), then I have a bridge to sell you. I hope you like gray; it's the only color the bridge comes in
BrilenShent
 
  -2  
Reply Wed 5 Feb, 2025 10:44 pm
@Vupl,
Expectations for AI run high across industries, company sizes, and geography. While most executives have not yet seen substantial effects from AI, they clearly expect to in the next five years. Across all organizations, only 14% of respondents believe that AI is currently having a large effect (a lot or to a great extent) on their organization’s offerings. However, 63% expect to see these effects within just five years.

The modern organization is made up of a mixture of human and non-human identities. Each user - whether that be an employee or a form of technology that can act independently and make intelligent decisions on behalf of people such as a bot or code – is linked to an identity. Having to manage each individual identity, remember what is linked to each, and know which identity is allowed to know specific information involves a lot of manual processing, and that’s productivity and efficiency down the drain.

Simply put, you can’t stop what you can’t see. As businesses continue to digitally transform with added technology and systems in place, enterprises will become more complex and naturally create more tasks to ensure compliance. The onboarding, managing of users, and review of certifications – it’s time-consuming. Pair that with a workforce of hundreds or even thousands, and it quickly becomes impossible.

With the help of AI and ML, organizations can make identity more intelligent and autonomous through predictive identity – the idea that user access needs can be anticipated based on an identity profile. Businesses can leverage ML to view historical access data across the organizations to assess its access behaviors and patterns. This will set a user activity benchmark and allow users to be categorized into base group models.

Behaviors that don’t fit the norm are flagged as potentially malicious and are constantly being watched by AI, removing oftentimes risky needles in a haystack. For example, as new data comes into the engine, AI can assess whether it seems abnormal in relation to what is usually seen across the peer group. Machine learning will filter the standard access and automatically certify an identity if it is deemed safe. A report may be generated to highlight any outliers so immediate action can be taken such as revoking additional access.
0 Replies
 
glitterbag
 
  3  
Reply Wed 5 Feb, 2025 11:32 pm
@jespah,
Ditto what Jespah said. Oh and by the way China steals everything it can.
0 Replies
 
Albert Theo
 
  -2  
Reply Thu 6 Feb, 2025 06:50 am
@Vupl,
AI in business is a tool that saves time and money. Solutions from help teams work more efficiently by recording business meetings, making summaries, and automatically creating reports. No more manual minutes or worrying about missing something. This approach makes business processes simpler and more organized.
0 Replies
 
Ragman
 
  2  
Reply Thu 6 Feb, 2025 08:03 am
So many sock puppets, so little time to care.
0 Replies
 
 

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