Artificial intelligence (AI) is becoming increasingly prevalent in various industries, and small businesses are no exception. According to a new survey, AI is enabling small business owners to retain and grow their workforce, rather than replacing human jobs as some headlines might suggest.
Local marketing firms are also using AI to enhance their services. For instance, they may use AI-powered tools to analyze data and create personalized marketing campaigns for clients. However, experts warn that there are also risks associated with AI, such as the potential for scams or trickery through AI-generated content.
The International Olympic Committee (IOC) is using AI to monitor social media during the Paris Olympics to protect athletes from online abuse. The AI system will scan social media posts and alert human moderators if it detects any abusive comments. This move comes as concerns grow about the impact of online harassment on athletes’ mental health and performance.
Meanwhile, San Antonio-based cloud computing company Rackspace Technology saw a decline in revenue amid debt refinancing deals and a growing artificial intelligence business. The company has been investing heavily in AI to help its clients manage their data and improve their operations.
In the retail sector, AI is unlocking innovation by powering smart trolleys, facial recognition checkouts, and other technologies. For instance, some retailers are using AI-powered cameras to track inventory levels and detect theft. Others are using AI-powered chatbots to provide customer service and answer frequently asked questions.
However, the use of AI in retail also raises concerns about privacy and data security. Some consumers worry that retailers may be using AI to collect and analyze their personal data without their consent. As such, it is essential for businesses to be transparent about their use of AI and to ensure that they are complying with relevant data protection laws.
In summary, artificial intelligence is transforming various industries, from marketing and advertising to retail and sports. While there are many benefits to using AI, such as increased efficiency and personalization, there are also risks associated with its use. As such, businesses must be mindful of these risks and take steps to mitigate them. By doing so, they can harness the power of AI to drive innovation and growth while protecting their customers’ privacy and security.
More information, please check below news source:
AI washing: A Microsoft VC’s warning about dubious, and rising, corporate artificial intelligence claims
(CNBC on MSN.com)
As AI grows in popularity, more companies claim to use it even when they don’t, or when it’s tangential to the business model rather than embedded in it.
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Artificial Intelligence ‘Friends’
(The New York Times)
Artificial intelligence, we are told, is a transformative economic force; it will change workers’ jobs, boost corporate profits and reshape industries. But for the last month, I’ve been investigating its social side — by making more than a dozen A.I. “friends.”
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Artificial Intelligence And Human Expertise In Graphic Design
(Forbes)
Technology has long been a key part of graphic design, but modern AI-powered tools are going beyond traditional tools by leaps and bounds.
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Artificial intelligence at the root of a real tourism revolution – Part 2
(hospitality-on.com)
The tourism sector is constantly evolving as new technologies enter the market. After taking an interest in metaverse, virtual and augmented reality, it’s now artificial intelligence’s turn to shake up the sector’s codes.
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How Artificial Intelligence is influencing small businesses
(WWLP-22News)
Despite headlines claiming AI is coming for your job, a new survey reveals it is enabling small business owners to retain and grow their workforce. With more on AI’s
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How local marketing firms are using artificial intelligence
(The Business Journals)
Artificial intelligence is changing how many industries work, and the marketing and advertising space is no different. Local experts told the Business Journal how they’re using AI at their firms.
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Local industry expert warns of Artificial Intelligence dangers
(WSLS 10)
As artificial intelligence advances, so do the risks that we can be scammed or tricked by AI-generated content.
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Olympic AI? The IOC says artificial intelligence will protect athletes from online abuse at Paris Games
(deseret on MSN.com)
The IOC is using AI to monitor social media during the Paris Olympics to protect athletes from online abuse that could hurt their performance at the 2024 Summer Games.
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Rackspace revenue down amid debt refinancing deals, growing artificial intelligence business
(San Antonio Express-News on MSN.com)
San Antonio cloud computing company Rackspace Technology sees declining revenue amid debt refinancing deals, growing artificial intelligence business
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Seven ways artificial intelligence is shaking up food retail
(FoodNavigator)
Artificial intelligence is unlocking innovation in the retail sector, powering everything from smart trolleys to facial recognition checkouts.
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