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)

Using AI as an individual

Let’s get practical and zoom out for a moment. In general, Artificial Intelligence systems can help you:

  • gather, organize and clean data;
  • process data for useful insights;
  • make predictions based on historical data;
  • automate repetitive tasks;
  • optimize computations and processes.

Think about yourself and your freelance work as a one-person organisation with a function to optimize (time, money, happiness). Then you can start dividing your job into smaller tasks like:

  • outreach to customers through emails and social media;
  • monitor social media, web services for particular information;
  • extract information from news to attain your goal or know whats going on;
  • meetings and calls;
  • working on a project, researching new ideas;
  • marketing.

If you split your activities into buckets, then you can think about how AI can help you with reducing the amount of work in a particular bucket. You can...