Revolutionizing Small Businesses Whether you realize it or not, you encounter some form of AI every day.
Statistics show that only 33% of people know they use AI daily. But in reality, nearly 77% actually use AI technology – not once but multiple times a day.
You and your customers interact with AI in various ways – from relying on Google and Apple Maps to navigate traffic to using Siri or Alexa to set a timer. AI algorithms even work behind the scenes to recommend social media content tailored to your interests. With the popularity of smart devices, AI is quickly becoming an integral part of the business landscape.
What (exactly) is artificial intelligence?
It may seem like relatively new brother cell phone list technology, but artificial intelligence dates back to the 1950s. In recent years, it has gained momentum and taken on different forms and uses – AI is also called machine learning, deep learning, or cognitive computing.
AI is a broad term that refers to any computer software that enables computers and machines to answer questions or carry out tasks using humanlike responses.
Artificial intelligence is a supporting tool – not a replacement for human intelligence. AI may have a difficulty completing commonsense tasks in the real world, but it’s proficient in processing and analyzing detailed data faster than a human brain can.
How can AI change your small business?
It may seem like AI tools are only available to giant website development and promotion in kherson corporations. But as companies like Google and Apple invest millions of dollars in developing and incorporating AI, it’s becoming more affordable and accessible than ever for small businesses.
So, how can AI help your small business?
Increase efficiency and productivity
AI streamlines your work processes and drastically reduces your time on repetitive and routine tasks – freeing employees to focus on more creative and strategic work.
AI helps automate manual, time-consuming tasks like customer support, data entry, analysis, and other administrative tasks. 91% of customer support reps who use AI say that chatbots can effectively respond to routine customer service questions and requests.
You can also leverage AI for predictive maintenance. It australia database directory helps businesses predict equipment failures so you can minimize repair costs by scheduling maintenance before a breakdown. AI can also help predict when inventory is running low (or high) so you can prevent shortages or excess storage costs.