Book Image

Artificial Intelligence Business: How you can profit from AI

By : Przemek Chojecki
Book Image

Artificial Intelligence Business: How you can profit from AI

By: Przemek Chojecki

Overview of this book

We’re living in revolutionary times. Artificial intelligence is changing how the world operates and it determines how smooth certain processes are. For instance, when you go on a holiday, multiple services allow you to find the most convenient flights and the best hotels, you get personalized suggestions on what you might want to see, and you go to the airport via one of the ride-sharing apps. At each of these steps, AI algorithms are at work for your convenience. This book will guide you through everything, from what AI is to how it influences our economy and society. The book starts with an introduction to artificial intelligence and machine learning, and explains the importance of AI in the modern world. You’ll explore how start-ups make key decisions with AI and how AI plays a major role in boosting businesses. Next, you’ll find out how media companies use image generation techniques to create engaging content. As you progress, you’ll explore how text generation and AI chatbot models simplify our daily lives. Toward the end, you’ll understand the importance of AI in the education and healthcare sectors, and realize the risks associated with AI and how we can leverage AI effectively to help us in the future. By the end of this book, you’ll have learned how machine learning works and have a solid understanding of the recent business applications of AI.
Table of Contents (10 chapters)

How to shift an existing culture

Changing a corporate culture is a difficult task, and it should be done slowly. Dont force it; adaptation to changes at a massive scale is always painful. It should be done in steps:

  • create a vision for the future,
  • describe your vision in a story and pass it to your closest employees,
  • create a plan of actions you want to reward and how,
  • prepare materials for your employees and the necessary retraining programs.

Theres no change without tracking how employees answer to senior management strategy. You should hear feedback and act upon it to make this shift towards innovation as smooth as possible. In the end, there are three ingredients in shifting a corporate culture towards innovation:

  • rewards,
  • hiring,
  • retraining.

By rewarding innovative behaviors, hiring new talented people, and expanding the skills of your employees, youll be able to create an excellent environment for innovation...