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)

Make data-driven decisions fueled by AI

Analysing data is crucial for any business, and with AI you can do that much better and much faster. You can get insights into customer behavior and real-time information about market trends to make the proper decision.

Depending on your particular market, product, or service you provide, you might use data gathered via Crunchbase or BuzzSumo to track the flow of information, see how your competitors are doing, what is trending and adjust your decisions based on that.

If youre further along the way and have genuine, unique data about your customers, then its time to start implementing off the shelf AI solutions for customer segmentation and prediction of growth/demand.

Were living in an unprecedented age of data when often its just a matter of giving a process a proper framework in order to solve it by looking at the data. There are many data collecting solutions available on the market which you can...