Artificial Intelligence in Business Decision Making

Abstract

AI is described as human produced structured organized knowledge formed with help of machines. Human insight techniques such as learning, thinking and self-remedy are used in the production of AIs. Artificial intelligence is the future of business. Artificial intelligence paves the way for certain decision making, saves time and lots of money also. Artificial intelligence system has ability to gather data, forecasting and trend analysis. The motive of the thesis is to highlight to improve the agricultural productivity with the introduction of artificial intelligence in agriculture sector. Artificial intelligence enhances the economy as increases the productivity of the organization with in a very short period of time. newlineDecisions are important part of business management. Big data and large files along with data mining are considered important in decision making in business. Safety of data is another important task. Along with these terms the replace of executives are the parameters on which the thesis is based. Ai and human are very near to each other. One uses past data and the latter uses experience to make decision. Data is treasure to AI as it only makes it able to take decision. All these have been used as parameters for this study. newlineThe study further discusses the history of AI in detail. AI can be achieved through many ways. Machine learning, natural language processing, vision, robotics, etc. are some of the ways through which AI can be achieved and these have been disused in the study. AI has always been seen as threat to human jobs. The pace at which AI is replacing the human it becomes scary for humans to believe in AI. However manmade intelligence is found to take better and faster decisions. Artificial intelligence makes human as a superhuman. There are too many differences between artificial intelligence and human which makes it difficult in replacing each other at job. Research also describes role of AI in money laundering. Money laundering is a serious issue pertaining every business. AI can be