Close
AI and emerging technologies are reshaping the business landscape, yet many companies struggle to identify their true return on investment (ROI). Instead of asking what AI can do, businesses should focus on what AI should do for them, targeting high-impact areas that enhance efficiency and reduce costs. For instance, an e-commerce company achieved an 80% reduction in product photo shoot costs through AI, saving $3 million annually.
AI excels in high-complexity tasks with quick turnaround times, making it ideal for repetitive, data-heavy processes. However, it falls short in long-term strategic planning, which requires human creativity and foresight. Businesses are encouraged to start small with AI implementations, as even minor changes can lead to significant cost savings and efficiency improvements.
• AI can significantly reduce costs and improve efficiency in businesses.
• AI is best for high-complexity, short-time-horizon tasks.
The article emphasizes the importance of understanding ROI when implementing AI technologies.
The article discusses how businesses can identify areas for AI optimization to streamline operations.
The article notes that AI's predictive models can struggle with long-term forecasting due to unpredictable shifts.
Intuit is mentioned in the context of providing tools that help businesses track and analyze expenses.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
