Artificial Intelligence in Business Management

Author(s): Mohammed Majeed * .

DOI: 10.2174/9789815238211124010009

Artificial Intelligence and Innovation in Organizations

Pp: 113-132 (20)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

The current digital revolution is increasingly centered on the digital transformation and the related AI operations. The business and industrial settings have yet to feel its full effects, problems, and opportunities. Here, innovation is what really drives success in the business world. However, innovation is now an essential outlook that ought to be ingrained in every employee and all operations of a company to maximize its potential for success and the satisfaction of its people. In this light, the proliferation of AI in corporate settings appears to be altering the ways in which businesses generate and oversee new ideas. It has helped to progress a wide variety of sectors, including the financial sector, the education sector, the transport industry, and others. This report set out to add to the growing body of research on artificial intelligence's impact on corporate creativity. As this chapter made clear, scientific and technological progress is accelerating, with AI serving as the main attraction. Understanding innovation leadership is about the fact that data is growing exponentially. It is argued that, in general, AI systems can relieve managers of technical and time-consuming research while simultaneously improving processes for creativity. This frees up managerial time and energy to devote to imaginative approaches to issue handling and the growth of new forms of innovation. This research is novel because it seeks to add spark based on information about the potential effects of AI on the creative process.

Keywords:

AI, Firms, Innovation

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