Keywords : Technology advancement
ROLE OF ARTIFICIALINTELLIGENCE THE DEVELOPMENTOF INNOVATION
European Journal of Molecular & Clinical Medicine,
2023, Volume 10, Issue 1, Pages 834-840
Artificial Intelligence (AI) has been growing at a very fast pace for over the past two decades and has reached a point where it acts as a new frontier in the fields of business, corporate practices and government policies. With the aid of machines and technology, businesses have been obtain in profound amount of positive impact both in term so productivity and competitive advantage. Though it has become an indispensable part of certain areas of businesses, there are a lot of other areas whereitsviabilityhasnotbeenexploredyet.Althoughusageofadvancedtechnologyhasincreasedsincethead vent of mechanization, not a lot of focus have been given on the usage of AI in the day-to- day activities of an Industry due to its requirement of heavy investment and procession of less knowledge of its conceptualization. This study mainly focuses on the future prospects of AI in various fields of Industries and suggests the prospective areas in which AI could be implemented in order to obtain most functionality. Therefore, the core aim of the study was identify the areas of various Industries in which AI could be introduced or applied in order to solve immensely difficult issues that requires addressing from something beyond the human touch.