Chapter 3 – Generative AI Boosts Business Productivity

Authors: 

Dr. J. Jospin Jeya, Assistant Professor, Department of Computer Science and Engineering, SRM Institute of Science and Technology, Ramapuram, Chennai – 600089, India
Dr. S. Raja Ratna, Assistant Professor, Department of Computer Science and Engineering, SRM Institute of Science and Technology, Ramapuram, Chennai – 600089, India
Dr. G. Gangadevi, Assistant Professor, Department of Computer Science and Engineering, SRM Institute of Science and Technology, Ramapuram, Chennai – 600089, India

Editors: Dr. Divya Mahajan, Dr. Saumya Vatsayan, Dr. Santosh Kumar, Dr. Priyanka Dadhich

ISBN: 978-81-963849-1-3

DOI: https://doi.org/10.59646/edbookc3/009

Abstract

Artificial intelligence has the potential to be trained to sort through vast amounts of information and develop conclusions that may inform strategic decision-making. This has the potential to enhance the efficiency and effectiveness of decision-making inside enterprises. One of the most well-known ways that AI is being used to boost productivity is via the automation of repetitive chores. By using automation, businesses may free up employees’ time to focus on other, potentially more fruitful tasks, such as brainstorming or strategic planning. An increasing number of business procedures are using some kind of artificial intelligence (AI). Still, when applied to increasing productivity in businesses, it really shines. Insights from various AI technologies are offered in this chapter to help executives avoid cognitive biases, acquire insights from enormous volumes of data, and make strategic choices more quickly.