Jammu sanskriti school ,jammu.

Jammu sanskriti school , jammu .. NAME :- VANSHIKA SHARMA. EVENT : 17. SCHOOL CODE :- RZ118.

WHAT IS ARTIFICIAL INTELLIGENCE:-. Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems . Specific applications of AI include expert systems, natural language processing, speech recognition and machine vision.

THEME:- HOW ARTIFICIAL INTELLIGENCE WILL IMPACT THE GLOBAL ECONOMY ..

Artificial intelligence impacting global economy..

HOW IS ARTIFICIAL INTELLIGENCE RESHAPING THE GLOBAL ECONOMY? Artificial intelligence (AI) is a general purpose technology that is quickly reshaping economic activity and human behavior. Modern AI is still in its early days (though the term itself and earlier versions date back to the 1950s). Several estimates suggest that AI could create trillions or tens of trillions of dollars in wealth But as with most bursts of technological innovation, the benefits and risks of AI are not distributed equally worldwide. In AI as with other technologies, what we have isn’t really a global economy, but a set of partially connected national economies playing out on the global stage..

8 Ways Technology Is Changing Business.

1. The Way We Communicate + Share Information:-. Communication and the sharing of information are critical for every business. Today's environment offers more ways than ever, and the technology available makes it faster, easier, and more efficient. With applications like Slack, Zoom, Microsoft Teams, social media platforms etc..

4. Use of AI:- AI is reshaping the world in business and consumer markets and is a mainstream of daily living. This application of technology has changed business processes in nearly every industry and has become an imperative strategy for those wanting to maintain a competitive edge..

6. Buyer Enablement:-. uaual u saps. With buyers spending the first 60+% of their buying journey on their own with a magnitude of content and stakeholders and decision-makers multiplied in different business groups, buying in today's world has become complicated. The newer approach of buyer enablement , if done correctly, allows the buyer to be a champion of the product inside the organization..

7. Increased Collaboration:- The inability to chat in the break room, walk down the hall to a co-worker's office, or even gather together in a meeting room in front of a whiteboard has drastically increased the need for collaboration. A McKinsey Global Institutes Report found that over 60% of work time is spent collaborating, gathering information, or responding to emails. With this in mind, there is no shortage of collaboration tools that companies have glommed on to like Google Drive/Docs, Slack, Microsoft SharePoint, and OneDrive , Monday.com, and many, many more..

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