Year: 2025
Type: article
Abstract: Artificial Intelligence (AI) has emerged as a transformative force, fundamentally reshaping the way individuals and businesses integrate information, analyze data, and apply insights to enhance decision-making.Since its inception in the 1950s, AI has evolved from a theoretical concept to a widely implemented technology influencing diverse industries, including healthcare, finance, manufacturing, and retail.AI systems have the ability to simulate human cognitive functions such as learning, problem-solving, and decision-making, enabling machines to perform complex tasks with increased efficiency and precision.The growing adoption of AI has led to significant benefits, including improved operational efficiency, reduced human error, enhanced decision-making, and increased innovation.However, these advancements are accompanied by notable challenges, such as data privacy concerns, job displacement, ethical dilemmas, and an increased reliance on technology.Furthermore, AI raises questions about creativity and emotional intelligence, as machines lack the depth of human insight and emotional understanding.This study examines the key goals, applications, benefits, and challenges associated with AI, highlighting its impact on business operations and human society.It provides a balanced assessment of AI's potential to drive innovation and efficiency while addressing the risks and ethical concerns that accompany its widespread implementation.Understanding both the advantages and drawbacks of AI is crucial for ensuring its responsible development and fostering an AI ecosystem that empowers human progress and enhances societal welfare.
Author: Mounica Yenugula
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: bronze
OpenAlex ID: W4408457694