Download or read book Can Artificial Intelligence Raise Organizational Efficiency and Productivity written by Johnny Ch LOK and published by . This book was released on 2018-10-27 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: AI predicts Mobile phone company buyer behavior1.Critically evaluate methods that mobile phone companies could use to assess buyer's likely response to new features, such as video on demand.Can apply (AI) big data gather tool to help any mobile phone company to set up the most attractive and reasonable phone charge plan to every different mobile phone target clients?Mobile phone is a product to satisfy customers' verbal communication needs during who leave home to need to communicate with anyone urgently . Mobile products are only bought for the verbal communication benefit. In other words, a mobile phone product is of value to someone only as long as it is perceived as satisfying some extra need, instead of verbal communication, such as watching video demand from internet when people are sitting on buses, or trains , or drive cars to watch video entertainment from their mobile phones. So, a mobile phone can be a material product, it can also provide an intangible service, such as verbal communication and watching video or sending email from internet by an 3G or 4G telecommunication fast speed internet service provision channel when who leave their home, who can also enjoy to watch video and call anyone and send email such as staying at home. However, mobile phone is a high level of emotional involvement communication product by the buyer due to there are many different and similar style of mobiles to provide to customers to choose to buy, so I think the mobile phone can provide watching video from internet feature is prefer to buyer to choose more than the mobile phone can not provide watching video from internet , even it's price is more than the non video watching mobile due to young people like to watch video instead of going to cinemas to see movies, it is possible who have no time or who feel movie tickets prices are expensive. Mobile phone is low level of accessible product, due to buyers can use home telephone when who stay at home or who can use any restaurant phone if who is walking on the street , it's location is near to restaurants. Mobile phones are shopping goods, due to consumers generally put a lot more effort into choosing shopping different style of mobiles to buy. Their evaluation include price, credit facilities, guarantees, after sale service, email or video entertainment from internet service.

Download or read book Why Can Artificial Intelligence Raise Orgnizational written by Johnny Ch LOK and published by . This book was released on 2018-10-29 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter SixMovie organizationFuture, (AI) technology can help movie organization to arrange staffs to work in the most efficient positions , even it can help movie organization to create any unique topic of movie and write its every movie contents to compare which movie contents are the best to make more attractive movie contents to let audiences to watch to satisfy their watching needs. Helen Reardon is the producer and director of the film, Going North, based on a novel, the best seller list for 16 months and who is considered to be one of the best directors in Hollywood, who already has two Academy Awards to whose credit and many hit motion pictures.Tom Nesson is a promising young actor, his most recent film, the western express was well received on the box office. Because his current popularity, who was chosen to play the leading male part in Going North film.The next days, Tom won't work in about 10 minutes later, who explained that the makeup people were show in getting his makeup on. No one questioned this, any who began where who had staff off yesterday. However, Helen dissatisfied Tom's performance to play his role action during this movie was carrying on.Hence, who had argued. In result, Helen enquired president in the studio executive offices to demand who either dismissed Tom Nesson, actor or dismissed who self.The studio executive did not want to lose either Helen, producer and director of film or Tom actor or both. Neither had a history of being difficult to work with. They were not sure what was causing the problem. This movie seemed to be causing all kinds of problems. e.g. strike and the disagreements between wardrobe and set design. They obviously needed to examine all of the circumstances involved to the making of the film. I supposed to use these communication networks to give reasons why causing problem between Helen and Tom. Communication occurs at several different levels and the communication that occurs among individuals or groups of individuals. This is referred to as interpersonal communication.Networks serve various purposes in organizations and which can used to regulate behaviour, promote innovation, integrate activities and inform and instruct group members. Network also differ in the extent to which who are centralized or decentralized. In centralized networks, all communications pass through a central point or points, so that each member of the network communicates with only a small number of others.Traditional organizational hierarchies, where subordinates communicate to their boss who are centralized networks and all units must communicate with a central headquarter, which then simultaneously coordinates all the units. In decentralized networks, many people or units can communicate with many others.

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Download or read book How Robots Improve Organizational Performance written by John Lok and published by Notion Press. This book was released on 2022-10-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides two part: Artificial intelligence raises productive efficiency and service performance. The first part is intended to explain why and how (AI) technology and raising productivity or efficiency has close relationship. First part gives some artificial intelligence technologic concepts to indicate why and how (AI) can raise labor productive efficiency to assist labor to work in factories. This book first part is suitable to any managers have interest to learn how to apply (AI) technological productive method to achieve economic benefit in factories . In this part, the main important aim, I give examples to explain how to apply (AI) technology to raise labor productive efficiencies really. Research question: How to apply (AI) technology to assist employees to improve service performance to serve clients? This book second part is concerned how to apply (AI) technology to raise service performance. Also I shall compare to explain what advantages and disadvantages when the organization either choose to apply (AI) or not choose (AI) to assist employees to serve clients, these any one sample industry encounters customer complains, due to it lacks (AI) technologic assistance to aim to let any reader to judge whether how to choose the solvable method is better. In, conclusion, this book can provide sample industries to let students to feel whether (AI) technology will raise labor productivities or efficiency or service performance.

Download or read book Artificial Intelligence written by Harvard Business Review and published by HBR Insights. This book was released on 2019 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.

Download or read book Can Artificial Intelligence Raise Orgnizational Efficiency and Productivity written by Johnny Ch LOK and published by . This book was released on 2018-10-28 with total page 695 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 4Bank organizationFutue (AI)) technology can help any bank organizations to organize more efficient members to serve to different deparments, it will gather their personal skills and effort to help bank organizations to arrange whom will serve to the bank deparments in order to raise different departmental staff performance and efficiency and the most excellent client service performance. For example, one large bank organization which have at least 1000 staffs. It will be difficult to manage and organize every departments to perform efficiently. (AI) technology can attempt to gather every staff's skills and past performance in order to reorganize every staff's effort to arrange to the most suitable department to work in order to raise whose performance in the most efficient effort and performance to serve its different client's saving and loan borrowing , house mortage loan arranging needs. Even, it can help bank to design the most suitable house loan and loan borrowing arranging to let every client to feel it is the comfortable loan paid plan easily. It can be one psychological tool to help bank to evaluate every staff's performance and effort to arrange them to do the most suitable position in any department.Personality is a stable set of characteristics representing the internal properties of an individual.These characteristics, or traits are relatively, are major determinants of behaviour and influence behaviour across a wide variety of situation.The personality played role in the situation at the bank as: Marian, new employee of this bank loan manager, although she had more experienced in bank loan department, but she could not deal how to persuade this bank eight sections of managers to discuss how to solve loan volumes decreasing trouble successfully and meeting was poor performance and these was no result within eight months. Finally, she decided to enquire in Stoddard, the bank president to give suggestionto her how to persuade them to attend any meeting and how to persuade Dave, loan manager to assist her. Hence, she could not perform that she was one experienced person to have ability to solve any staffs personal trouble in this bank loan department within eight months successfully. I think she had an emotional instability trait, the degree to her to handle this issue stressful and she handled high demand situation with difficult. It influenced her job performance poorly and she could not success to work with this bank loan eight sections of managers ,so she could not feel job satisfaction. Her lower levels of emotional instability tended to be negative due to she needed to find bank president to help her to solve this staff meeting trouble easily and she could not attempt to solve staff meeting to discuss how to increase loan volumes by herself within these eight months. Dave, the bank old loan manager and other seven sections of loan managers, whose personalities were non-agreeableness trait. Agreeableness is the degree to which a person is easygoing and tolerant, who believes in the honesty of others, willing to help others and not tend to make conflict and is sensitive to the feelings of others. Due these bank eight sections of loan managers who did not like to attend meeting with Marian to discuss how to solve loan volumes decreasing trouble and there were no any solutions and Dave, this bank old loan manager who does not like to assist Marian to solve this trouble. Thus, I think they are non-agreeableness trait to play in the situation at this bank.

Download or read book Can Artificial Intelligence Rise Organization Efficiency written by Johnny Ch LOK and published by . This book was released on 2020-04-11 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future works change: Automation, employment and productivity⦁How (AI) influences employment Human future " micro to macro" industry trends will be affected business strategy and public policy by (AI) technology. In the future (AI) technology will influence those six themes: productivity and growth, natural resources, labor markets, the evolution of global financial markets, the economic impact of technology and innovation and urbanization. However, (AI) technology will bring economic benefits of tackling gender inequality, a new global competition, Chinese innovation and digital globalization.Nowadays, advances in robotics artificial intelligence, and machine learning are in a new age of automation, as machines match or outperform human performance in a development to any countries. For example, automation of activities can enable businesses to improve performance by reducing errors and improving quality and speed, and in some cases achieving outcomes that go beyond human capabilities. For example, some research indicated automation could raise productivity growth globally by 0.8 to 1.4 % annually; more than 2,000 work activities across 800 occupations. When less than 5% of all occupations can be automated using demonstrated technologies about 60% of all occupations have at least 30% of constituent activities that could be automated. Many occupations will change that will be automated away: Activities most susceptible to automation involve physical activities, in highly structured and predictable environments, as well as the collection and processing of data. They are most prevalent in manufacturing , accommodation and food service and retail trade and include some middle-skill jobs. For example, such as natural language processing is a key factor. Beyond technical feasibility, the cost of technology competition with labor including skills and supply and demand dynamics, performance benefits including and beyond labor cost savings, and social and regulatory acceptance will be affected by (AI) automation technology. Thus, (AI) automation will impact to influence global employment in those aspects as below:Firstly, assuming that people are displaced by automation will find other employment. The anticipated shift in the activities in the labor force is of a similar order as the long-term shift away from agriculture and decreases in manufacturing share of employment. Both of manufacturing and agriculture industries which would be accompanied by the creation of new types of work not foreseen at the time.

Download or read book Why Artificial Intelligence Raises Efficiency written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-22 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why will (AI) technologic knowledgeable robotic workers be raised productivity ?Future, (AI) robotic workers can assist knowledge labors to raise productivity from internet channel. Social science can explain knowledgeable jobs will be useful and popular and assisting labors to raise productivity to work at home online working environments. Within social science, in such discipline is sociology and human psychology and geography which indicates internet technology have changed to online working place environment, sense of working place, online employee role identity, everyday online work and life style, website global working communication and email online communication working interconnections. It seems internet brings access to social, economic and political resources to effect change to both individual and social working conditions, such as employers accept to attempt to use internet to assist office staffs to work at home, e.g. many book publishing businesses like to attempt to publish electronic books from online book store, instead of book shops channel to sell paper books. So these online book stores give chance to authors to publish electronic books or online paper books from online sale channel to earn loyalty income. For example, Amazon online electronic bookstore can publish electronic books and online paper books to sell all one day 24 hours to any countries' readers from its website, so when any countries' readers can enter its website to choose any different kind of subjects of electronic books to buy by visa card conveniently. Such as fiction, psychology, economy, science, law, architecture, medicine, commerce, management etc. subjects. So, any country's reader who does not need to buy air tickets to go to the country's book shop to buy the paper book, who only needs to pay visa card to buy the electronic or online paper books from Amazon publishing's website to buy any countries' electronic and paper books and then the overseas reader can choose either to download it from whose home computer or pays more price to deliver the online paper book to post to whose country conveniently. Hence, this online bookstore sale method will be popular and many free work authors will choose to work to raise the productivity of more quality electronic books numbers from this internet channel. However, the consequences of global change are far from uniform with globalizing influences and adapted as new technological, economic and online working cultural experiences are incorporated by any countries' staffs of any cities, towns and rural areas into their everyday work lives from long distance easily. Since one company can employ different countries' staffs to work from internet working channel at their homes. For example, a America company can employ overseas countries' staffs to work at the same time together by sending job duties from email communication channel among them when the America company has any job arrangement to notify to any staff to finish it any time, then the overseas staff finish the job and who can send whose finished documents to whose America employer any time. It seems the overseas staffs whose working hours can be flexible and those working hours have no regular office working hours to be fixed time table, so they do not need to work in any fixed working time table every working days, who can send their finished office documents to whose employers after who have finished their documents by either email communication channel or office online website downloads office download any time conveniently.

Download or read book Artificial Intelligence in Society written by OECD and published by OECD Publishing. This book was released on 2019-06-11 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The artificial intelligence (AI) landscape has evolved significantly from 1950 when Alan Turing first posed the question of whether machines can think. Today, AI is transforming societies and economies. It promises to generate productivity gains, improve well-being and help address global challenges, such as climate change, resource scarcity and health crises.

Download or read book Artificial Intelligence Raises Productivity Growth and Service Performance written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-12-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.

Download or read book How And Why Artificial Intelligence Raises Productive Efficiency written by Johnny Ch Lok and published by . This book was released on 2021-04-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does (AI) and digital transformative combination technologies raise productivity growth or improve service performance? From 1995 to 2004 year, US experienced an acceleration in productivity growth, largely reflecting gains associated with the diffusion of ICT technologies. From the early to mid-2000 year onward, productivity growth has slowed down. The potential impacts of the ongoing digital transformation on productivity also need to consider in the context of this long term slowdown. When, the precise reasons for today's productivity remain difficult to a number of factors are likely to contribute as below factors: The first factor that has limited the impacts of digital transformation is the state of diffusion of digital technologies across the economy. When, many firms now have across to broadband networks, the use of more advanced digital tools and application with firms still differs greatly across countries. Moreover, these are important differences between rapid technological change, advanced technologies are initially only adopted by some leading firms and then only later diffuse to all firms as the technologies because more established new business models grow, such as applying digital and (AI) technological combine method to raise productivity growth is caused and costs fall. Consequently, these is large demand between what can be automated from a technical point of view and what may already be implemented by frontier firms and what is actually being achieve to raise productivity growth aim. So, (AI) and digital transformative technology influence future raising productivity growth or improving service aim achievement for many manufacturing and service industry demand.The second factor indicator that the available evidence suggests that the wide-spread benefits of digitalization productivity are not enough. Firms expect to help strengthen investment ( in tangible and intangible assets), e.g. (AI) technology. The same time, there are now starting to experience labor shortages, e.g. in certain technical occupations, such as data scientists. Due to the technological change is fast and growing demand for productivity growth has been increasing. SO, it will influence future (AI) robotic learning system and digital technological combination to be applied to manufacturing and service industries' needs to be raised. Due to many firms expect to find methods to raise productivity growth in order to reduce production costs.However, (AI) and digital technological development can cause multiple forms of disruption, from shifts in demand for workforce skills to changes in market structure, the need for new business models, new patterns of trade and investment. The (AI) and digital potentially transformative technologies can create new inventions, e.g. from quantum computing and advanced energy storage to new forms of 3D printing, big data analytics and neuro-technologies. These new product creative industries must lead the new product manufacturers to expect to learn how to apply (AI) and digital technology to raise productivity growth when their manufacturing processes. IN fact, (AI) is the ability of learning machine and system to acquire and apply knowledge and carry out intelligent behavior. Early efforts to develop (AI) centered on defining rules that software could use to perform a tack, such systems would work in speech recognition, (AI) skill. Increase in computational power, new statistical methods and advances in big data, have brought major breakthroughs to the field of (AI), especially in " vertical " (AI) like automated vehicles as opposed to " general". (AI) with machine learning algorithms that identify complex patterns in large data sets. Software applications can perform tasks and simultaneously learn how to improve productive performance.

Download or read book Artificial Intelligence written by David L. Poole and published by Cambridge University Press. This book was released on 2017-09-25 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligence presents a practical guide to AI, including agents, machine learning and problem-solving simple and complex domains.

Download or read book Artificial Intelligence Raises Efficiency and Productivity written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-14 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges of (AI) big data gather shapingthe future of retail for consumer industriesAnother challenge of (AI) big data gather is that how to shape the consumer behavior to let business owner to feel or know oe predict. It means that how it express it's conclusion or opinion for every consumer behavior after it had gather all big data in any data gather period, e.g. three months, half year or one year consumer shopping model data gather period.Because every kind of industry, consumers will continue to demand price and quality change , with a wide range of convenient fulfilment options among of different kinds of products or services supply. Overall, the (AI) big data gather procedure gives opinion concerns every time retail experience will become more exciting, simple and convenient, depending on the consumer's ever-changing needs. So, I believe that (AI) big data gather every conclusion or result will be different, due to consumer's price and quality demand will often change to every kind of product or service supply in retail industry. So, how to shape (AI) big data gathering's analytical conclusion or result more clear. I shall recommend organizations need to build great understanding of and a stronger connection to increasingly empowered consumers before they plan and implement how to apply (AI) big data gather tool to predict consumer behavior as below:Firstly, (AI) is empowered by technology, the consumer is redefining value. The traditional measures of cost, choice and convenience are still relevant, but not control and experience are also important. Globally, consumers have access to more than 2 billion different products choice by a wide range of traditional competitors and dynamic new entrants, all experimenting with new business models and methods of client engagement. As choice increases, loyalty becomes more difficult familiarity and the consumer becomes more empowered. Businesses will have no choice and constantly innovate and disrupt themselves by meeting new technologies of high standards and expectations of consumers. So, (AI) data gather tool will need to follow different target group of consumers' needs to follow their different kinds of product design or style choice preferable to gather data in order to conclude the different target groups of consumer behavior to give opinion more clear and accurate to let businessmen to understand more clear how its customers' behavioral choice trend in the future half month, even to two years period.Secondly, businessmen need to adopt changing technologies rapidly. Technology will be the key driver of this retail industry. Industry participants will only success if they have a clear prediction to focus on how to using technology to increase the value added to consumers. They must , however, do so will I realistic assessment of their costs and benefits. Hence, (AI) big data gather technological tools will need to design to help them to gather data efficiently by these ways, such as the internet of things ( IOT), artificial intelligence (AI) machine learning, augmented reality (AR)/virtual reality (VR), digital traceability. So, future (AI) big data gather tool are predicted to be most influential customer behavioral positive emotion changing tool for retail , due to their widespread applications , ability to drive efficiencies and impact on labor in order to impact consumer behavior changing effort from negative emotion to positive.Thirdly, (AI) big data gather tool is an advanced data science of consumer behavior predictive tool. Businesses will have to bring the journey from simply collecting consumer data to using it to scale and systematize enhanced decision making across the entire value chain. When focused on their business goals, industry players should not lose sight of the impact that future capabilities and transformative business models may have on society.

Download or read book Artificial Intelligence Raises Consumption Market written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-30 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: IntroductionNowadays, artificial intelligent robotic technology which is one kind of popular tool to help workers to work in factories or offices or serve clients in restaurants or shopping centers. It brings this question: Can artificial intelligent robotic machine men assist workers to raise productive efficiencies or improve service performance? All workers are replaced by artificial intelligent robotic machine or some workers are replaced by artificial intelligent robotic machine which can raise more productive efficiencies or improve better service performace ?If one factory or one office only applies artificial intelligent robotic machine men to replace human labors to help its different departments to do any tasks, whether can its (AI) robotic machine men help them to raise productive efficiencies ? If one restaurant or one shopping center only apply (AI) robotic machine men to help to serve clients, whether can its (AI) robotic machine men help them to improve service performance? Is it better to apply half manual labors and half (AI) robotic machine men to work in one organization in order to raise productive efficiencies or improve service performance?In my this book, I shall indicate some cases to explain how and why (AI) robotic machine men can either raise productive efficiencies or improve service performance or they can't either raise productive efficiencies or improve service performance in any situations. Managers or employees can evaluate whether how to apply (AI) robotic machine men to assist them to work in their workplaces in order to achieve the most beneficial advantages to their organization's different departments' raising productivity and efficiency and service performance improvement aims.This book concerns how to apply artificial intelligence technology to apply to US some consumption market. I shall explain how to apply (AI) technology to these America consumption market to raise their food or product productivity growth efficiently. I shall indicate some popular American consumption market of some consumer products and foods as well as manufacturers' production of material consumption products. This book brings two questions: (1)Can apply (AI) technology to raise these US food and product productivity growth?(2) Will these US food and product quality influence to be poor after (AI) technology is applied to raise productivity growth ? The manufacturers material and consumers product researching topics include: How to apply (AI) technology to raise future U.S. tobacco productivity growth? How to apply (AI) technology to raise steel material productivity growth for manufacturing industries? How to apply (AI) technology to raise minerals productivity growth for U.S. manufacturing industries? How to apply (AI) technology to improve oranage fruit and vegetables logistic transportation speed in efficient way in warehouses? How to apply (AI) technology to improve U.S. alcohol logistic transportation speed in efficient way in warehouse? How to apply (AI) technology to improve U.S. energy service performance to satisfy energy users' needs? How to apply (AI) tehnology to improve wine and tea logistic transportation speed in warehouse? How to apply (AI) technology to improve pork logistic transportation speed in warehouse? How to apply (AI) technology to improve U.S. tourism entertainment service performance to satisfy traveller needs? How to apply (AI) technology to impove sugar logistic transportation speed in warehouse? How to apply (AI) technology to raise lighting product productivity growth ?

Download or read book The AI Powered Enterprise written by Seth Earley and published by LifeTree Media. This book was released on 2020-04-28 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn how to develop and employ an ontology, the secret weapon for successfully using artificial intelligence to create a powerful competitive advantage in your business. The AI-Powered Enterprise examines two fundamental questions: First, how will the future be different as a result of artificial intelligence? And second, what must companies do to stake their claim on that future? When the Web came along in the mid-90s, it transformed the behavior of customers and remade whole industries. Now, as part of its promise to bring revolutionary change in untold ways to human activity, artificial intelligence—AI—is about to create another complete transformation in how companies create and deliver value to customers. But despite the billions spent so far on bots and other tools, AI continues to stumble. Why can't it magically use all the data organizations generate to make them run faster and better? Because something is missing. AI works only when it understands the soul of the business. An ontology is a holistic digital model of every piece of information that matters to the business, from processes to products to people, and it's what makes the difference between the promise of AI and delivering on that promise. Business leaders who want to catch the AI wave—rather than be crushed by it—need to read The AI-Powered Enterprise. The book is the first to combine a sophisticated explanation of how AI works with a practical approach to applying AI to the problems of business, from customer experience to business operations to product development.

Download or read book Technology How Influences Organization Performance Improvement written by Johnny Ch Lok and published by . This book was released on 2021-02-12 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five ways to use AI to improve business efficiency to these office tasksRegardless of a company's size or type, its executives typically look for ways to help it operate as efficiently as possible. They understand the link between efficiency and profitability. If employees waste too much time with drawn-out processes or complicated tasks, it'll be hard for the enterprise to remain profitable and adapt to challenges. Fortunately, artificial intelligence (AI) supports the need for effective business operations. Here are five ways enterprises can use AI for help: 5 ways to use AI to improve business efficiency image.Getting the best results from AI means looking at where bottlenecks exist, then figuring out if and how it might remove or minimise them. AI can help any offices to improve or raise efficiency to these tasks aspects as below:1. Use AI to answer queries and support customer engagementChatbots are an increasingly popular option for businesses to try, and they use AI to work. Companies often build chatbots that can answer any questions from customers that come through outside of business hours. Some identify the nature of a person's problem, then either attempt to tackle it with preprogrammed answers or pass the communications to a human support worker. The retail industry, in particular, saw success by deploying chatbots. Global data collected by Juniper Research shows an estimated 2.6 billion retail-based chatbot interactions in 2019, and the company forecasts the number to rise to 22 billion in 2023.Chatbots are excellent for answering simple questions like "How late are you open today?" or "Do you have gluten-free menu options?" Getting quick answers to queries like those increases the chances customers will choose to do business with one company over another. Equally importantly, when chatbots can give responses in a matter of seconds, there's no need for humans to stop what they're doing and address the questions.2. To enhance reporting speed and accuracyCompany reports reveal things such as which products are selling the fastest and where they're most popular. They can also confirm the impacts of marketing campaigns on product sales, break down the costs of a new packaging choice or shipping method, and much more. However, as anyone that files reports knows, creating them is a painstaking task, and trying to rush through the process could cause mistakes. Some forward-thinking companies are combining AI with big data analytics. Doing this brings better forecasts and takes some of the burdens off the people who prepare the reports. AI also helps conquer the inevitability of mistakes. Even the most careful people make blunders, often because of mental fatigue.AI learns to spot patterns in data and gets smarter with time. This means reports get finished faster and contain more-reliable information. The reliability aspect is crucial, especially since recently published research indicated two-thirds of the senior executives polled had no confidence or trust in big data. Using AI does not mean companies can do without data scientists. However, depending on the technology allows them to reduce the uncertainty that may otherwise exist. It also prevents employees who work with a company's data from being asked to recheck the findings, even if they initially took appropriate precautions to ensure accuracy.3. To improve data transfer speedsFast data transfers help AI technology work. Concerning some information-intensive applications like virtual reality (VR), any slow transmissions greatly interfere with the realism, and content immersion people should enjoy after strapping on a VR headset. As it turns out, AI can improve data transfer speeds, too.

Download or read book Why Artificial Intelligence Raises Efficiencies To written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-02 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: What benefits will bring when (AI) robotic technology is applied to internet technology: Productivity growth can reduce production costs and increase returns on investments. Some of which provide greater income for business owners which some are given higher wages to labours. However, the productivity of individuals may be reflected in employment rates, wage rates, stability of employment, job satisfaction or employability across jobs or industries. The productivity of enterprises, in addition to output per worker may measure in terms of market share and export performance. The benefits to societies from higher individual and enterprise productivity may be evident in increased competitiveness and employment or in a shift of employment from low to higher productivity sector. So, employers can use this method to measure every employee's morality and job behaviour performance to judge whether their job ethic and job attitude whether which can adopt to continue to work in whose organizational environment. If the employer discovered the employee's morality and job behaviour performance and job attitude is not achieved to whose work performance standard, then who can decide to either reduce whose salary or dismiss him/her or not increasing whose salary for long term any decision. So, labour ethic issue is very important to influence economic growth to any countries. Whether labour ethic has close relationship to economic growth. I feel this issues concerns any stage of the labour life cycle and organization life cycles, it includes the link between the design of economic theory and labour individual morality and job behaviour and performance. In fact, we need to suppose all research questions and labour economy is as mapping to particular stages of an individual's life cycle to labour economy ought be related to the accumulation of human ( labour) capital, labour market entry and labour supply choices, behaviour within firms and household decision making. Prior years some researchers had been carrying on observing experiments to the women and men labour work and in whose nature environment for weeks, and then used various treatments, including manipulating the environment in such a way to increase and decrease rest periods. They got result long time working hours and not rest time, it will reduce labours( workers) of productivity. So, it implies the overall productivity and individual productivity will be reduced. Although, the employers have enough workers to work in the natural working environment at the same time, but due to who have no enough rest time to provide to them, then their workers' working performance and efficiency will be fallen. Nowadays, industrialized countries had began to consider how to plan similar welfare reforms, researching the economic reasons and consequences to labour economic issue, such as United States, the United King, Sweden and Germany, it seems economic growth and law ethic has close relationship. However, labour economy includes how to measure labour's emotion to raise productivity, as well as how technological change, education, employment and wages which can assist labour to raise productivity. Due to good labour emotion and labour ethic can raise productivity, then raising productivity can also raise economic growth finally. So, I believe which have close cause and effect relationship.