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How Articial intelligence will change the world:-

Artificial intelligence (AI) is expected to dramatically alter both marketing tactics and client habits in the future. The authors suggest a multidimensional structure for understanding the effect of AI involving intelligence levels, task styles, and whether AI is embedded in a robot, drawing on not only current studies, but also comprehensive experiences with practice. Artificial intelligence will address not only how marketing strategies and customer behaviors will change in the future, AI algorithms will perform well-defined tasks with little or no human intervention. AI will be more effective if it augments human management skills

Artificial intelligence will address not only how marketing strategies and customer behaviors will change in the future “Employing machine learning and computer vision for detection and classification of various “safety events,” the shoebox-sized device doesn’t see all, but it sees plenty” (Thomas). How the driver looks as he moves the truck, how hard he drives, where he drives, where the people around him are, and how other forklift operators handle their vehicles.

AI algorithms perform well-defined tasks with little or no human intervention, For example, moving data from email or call centers to record-keeping systems (updating customer files), replacing missing ATM cards, carrying out basic business transactions, or "reading" documents using natural language processing to extract key provisions. Second, from large amounts of consumer and transaction data, AI can gain insights, including not only numerical, but also text, speech, image, and facial expression data. Companies can then predict what a client is likely to purchase, detect credit fraud before it occurs, or execute targeted digital ads in real time, using AI-enabled analytics.

Hopefully AI will be more effective if it augments human management skills. Artificial intelligence (AI) seems likely to impact marketing strategies in the future, including business models, sales processes and choices for customer service, as well as customer behaviors. It will hopefully display a structure to help clients and businesses and is likely to evolve based on perspectives from marketing and computer science/robotics itself

I feel the reason why AI is compelling, because we can offer a very important core feature set today, but then over time all our systems are learning from each other. Every person is able to benefit it and our systems start to see and learn more processes and detect more things that are important and relevant to work that we present.

www.srAI.com Works Cited:-

Davenport, Thomas. “How Artificial Intelligence Will Change the Future of Marketing.” Journal of the Academy of Marketing Science, 10 Oct. 2019, link.springer.com/article/10.1007/s11747-019-00696-0?

Thomas, Mike. “The Future of Artificial Intelligence.” Built In, 20 Apr. 2020, builtin.com/artificial-intelligence/artificial-intelligence-future.