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AI – artificial intelligence

AI – what is it?

AI (artificial intelligence) is a very broad topic. AI is about developing algorithms to build automated systems for obtaining, processing and analysing data.

AI in business

AI has applications across many aspects of our life, including business. AI in business processes helps to cut costs and improve competitiveness on the market.

One of the AI's principal applications in business is process automation. Artificial intelligence helps to build systems which perform repeatable, time-consuming tasks.

AI may be used also to predict market trends and deliver performance forecasts. By analysing huge collections of data, AI may deliver valuable information about customer preferences, market changes as well as potential threats and opportunities to businesses.

Consequently, AI plays a major role in business development and innovativeness. AI may bring a lot of benefits. However, the technological advances also bring threats and concerns. Data privacy or cybersecurity are just some of the aspects that require a legal framework for the use of AI.