The Role of Artificial Intelligence Technology and Innovation in Disrupting Traditional Business Models and Startup Ecosystem
Year: 2024
Type: article
Abstract: The rapid advancement of Artificial Intelligence (AI) is revolutionizing entrepreneurship by creating unprecedented opportunities and driving transformative change across various sectors. This abstract explores how AI is influencing entrepreneurial ventures, focusing on its role in enhancing data analytics, personalizing customer experiences, and advancing healthcare and automation. AI enables startups to leverage sophisticated tools for predictive analytics, tailored interactions, and efficient operations, which can disrupt traditional business models and accelerate growth. As AI technology continues to progress, it reshapes the competitive landscape, offering new avenues for innovation and strategic advantage. Understanding and harnessing AI’s potential is becoming crucial for entrepreneurs seeking to thrive in an increasingly digital and data-driven world. Keywords: Artificial intelligence technology, innovation, startup ecosystem, entrepreneurship
DOI: 10.55041/ijsrem37268
Author: Wajahat Ali
Institution: Aligarh Muslim University
Language: English
Subfield: Artificial Intelligence
Field: Computer Science
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4402133945