One can intuitively surmise artificial intelligence (AI) is today's hot commodity, gaining traction in businesses, academia and government in recent years. Now, there is data -- all in one place -- that documents growth across many indicators, including startups, venture capital, job openings and academic programs. Which of the following could be the reason for the statement? Reasons: I: Artificial intelligence in businesses can be used to: Increase competitive advantage and improve efficiency. II: The use of AI in government comes with significant benefits, including efficiencies resulting in cost savings, for instance by reducing the number of front office staff, and reducing the opportunities for corruption. III: Scientists have reasoned that AI will lead to innovations, discoveries, and scientific advancements having several advantages such as taking on tasks that are too complex for the human mind.
One can intuitively surmise artificial intelligence (AI) is today's hot commodity, gaining traction in businesses, academia and government in recent years. Now, there is data -- all in one place -- that documents growth across many indicators, including startups, venture capital, job openings and academic programs. Which of the following could be the reason for the statement? Reasons: I: Artificial intelligence in businesses can be used to: Increase competitive advantage and improve efficiency. II: The use of AI in government comes with significant benefits, including efficiencies resulting in cost savings, for instance by reducing the number of front office staff, and reducing the opportunities for corruption. III: Scientists have reasoned that AI will lead to innovations, discoveries, and scientific advancements having several advantages such as taking on tasks that are too complex for the human mind. Correct Answer All of these
The passage above tells us about Artificial Intelligence and its growing usage in all known fields. Now we need to find the possible reason for the same.
Out of the three options given below, all of them are correct reasons for AI’s growing usage as all the three reasons come up as advantages in three different fields.
The first option tells us about the benefits of AI in the field of business.
The second option tells us about the advantages of using AI in the government sector.
The third option brings forward the benefits of AI in general.
Hence, we can consider all the options to be the correct reason for AI to be today’s hot commodity.