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How AI helps in managing businesses better | SP Jain in news

Written by SP Jain News Desk | Jun 10, 2022 1:25:00 PM

Dr Debashis Guha (Associate Professor and Director – Master of Artificial Intelligence in Business) writes an article in the Times of India, a popular daily newspaper, on how AI helps in managing businesses better.

In the article, Dr Guha discusses how adopting AI in businesses leads to substantial efficiency gains. He said, “The use of Artificial Intelligence in business evolves through four stages. The first is where only elementary processes are automated using AI tools, the next is rule-based administration of work, followed by knowledge integration and finally AI-based formulation and strategy creation.”

He further elaborated on how each of the four adoption layers results in substantial efficiency gains. “The more complex the layer, the higher is the gain,” said Dr Guha.

To read the full article, please click here.