Chapter 2

Exploring AI Business Use Cases

IN THIS CHAPTER

Bullet Serving customers with AI applications

Bullet Assessing and validating products and technologies

Bullet Enhancing innovation in research and development

Bullet Personalizing and managing sales and marketing efforts

Bullet Analyzing and streamlining legal tasks

Since the 1980s, artificial intelligence (AI) has been steadily permeating organizations, and each advancement in AI innovation opens up new possibilities for its application in business. Given that technology is the backbone of a multitude of business processes (from accounting to inventory management), every advancement in AI implies that people can automate more processes, or they can enrich existing automated processes in more inventive ways.

Generative AI — a branch of artificial intelligence focused on creating new content (such as text, images, and music) by learning from existing data — stands out as the most significant development in the history of AI development. It gives rise to a plethora ...

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