Artificial Intelligence: What it is and how it’s transforming business
Artificial intelligence (AI) adoption is progressing rapidly – with generative AI like ChatGPT making headlines – but AI technology has had a foothold in business for some time. In 2017, McKinsey found that 20% of organizations had adopted AI in at least one business area. By 2022, the figure stood at 50%. As AI development continues, artificial intelligence will play a greater role in business systems and processes, with humans and machines increasingly working together.
Included in this article from Square is what to know about artificial intelligence in business, the different types of AI we commonly see in business operations and what the future of AI means for companies and staff.
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