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)

Improve your hiring process

Building a strong team is crucial to the success of any business. AI can help with automating talent acquisition workflow, for example, by sifting through candidates and pre-choosing those best fit for a job. If well trained, AI can indicate which candidates have the highest chance of fitting into your culture and bringing necessary skills on board.

Tools like PredictiveHire can help you quickly evaluate a large number of applications and narrow down the list to those best suited for the job.

Another option is creating a survey for your candidates to measure their expectations against yours. AI can quickly categorize applicants and split them into groups based on their answers, thus saving you a lot of time.