The Influence of Artificial Intelligence on Business Operations

Table of Contents

1. Executive Summary

2. Introduction

3. AI's Positive Impact on Business

• AI in Design & Multimedia
• AI in Marketing
• AI in Finance
• AI in Manufacturing

4. Potential Drawbacks of AI in Business

• Job Displacement
• Ethical Considerations
• Implementation Challenges

5. Conclusion
 1. Executive Summary

Ai (Artificial Intelligence) has profoundly impacted our lives in ways we could never
have imagined. The advancement of AI shows absolutely no sign of slowing down as
Ai continues to become more part of our daily lives than ever before, but at what
cost?.
In this report I explore the impact of AI within business, I will be looking at the
advantages it brings to the business and the negative impacts to a business. By
looking at Ai from both angles, the report will allow business managers of both the
opportunities Ai brings and the drawbacks.

2. Introduction

The introduction of Ai into the business world has started to transform the way in
which businesses work. Ai has introduced a whole host on capabilities, which have
continued to evolve bringing with it huge potential for transforming not only the way
we work, but how businesses operate and will operate in the years to come. I will be
looking at Ais influence across various business sectors, including Design &
Multimedia, marketing, and Manufacturing. In the following sections I examine both
the positive impacts and challenges of ai. I will aim to provide a better understanding
of Ai’s role in shaping the future of business operations.
AI's Positive Impact on Business

Design & Multimedia

Ai has made massive strides in design and multimedia, acting as the creative studio
all in one. Recent advancements in the image related ai and content creation, have
seen AI not only design, But also automate the full process of content creation,
Editing videos in minutes if not seconds, potentially saving thousands as opposed to
outsourcing the work.

Marketing

Ai has the capability to revolutionise marketing, Ai is already implemented in various

forms. On a basic level Ai has the capabilities to be a marketing suite on its own,
setting out schedules, creating social media campaigns and playing the role of your
very own ‘on call’ seo expert. A recent campaign in china has seen Ai bots selling
products via online channels and videos.

Manufacturing

Manufacturing has already benefitted from ai since the introduction of computers

allowing mass production. This however has come at the cost of manual labourers. Ai
can be used to streamline processes and allow for more improved manufacturing
processes.
Drawbacks of Ai in business operations

Job Displacement

The most obvious drawback to the introduction of Ai is the impact on the employment
of workers. Unlike the impact in manufacturing at the introduction of automated
manufacturing techniques, the introduction of ai has the potential to disrupt all
sectors not limited to the above-mentioned areas. No doubt eventually we will learn
to live with ai advancements and accept them as a part of our lives.

Ethical Considerations

Data privacy is a question which is hot topic, privacy has been integral now more so
than ever since the introduction of ai. The world is a connected place with data being
stored on servers, without the proper safeguards and regulations there is a potential
for misuse.

Implementation Changes

When it comes to implementation of Ai into business, good change management will

be required to ensure the smooth transition from the traditional working environment
to one reliant on ai.

Some things to consider when implementing change to ai in a business include but

are not limited to;

- Obtaining sign off from stakeholders in an organisation

- Outlining the roles and responsibilities
- Ensuring relevant training is provided to all staff
- Implement, Rollout and ensure adoption across all parts of the
business
- Ensuring safety checks and measures are in place, to monitor and
ensure the success of the new technology.
Conclusion
As demonstrated above ai is transforming business in many ways. Adoption and
integration of ai has many advantages, such as improving efficiency, productivity,
quality, customer satisfaction, and innovation.
However, with the adoption of ai is attached drawbacks and potential pitfalls, such as
ethical, social, legal, and security challenges and the obvious job losses and effects
on society. Businesses will be required to carefully consider the potential drawbacks
and impacts to its business operations with the adoption of Ai, which is something
which looks inevitable.