Impact of artificial intelligence and machine learning on business operations

Abstract

The objective of the paper is to determine the impacts of Artificial intelligence, and a machine learning on Business operations and to identify the impact by using a systematic approach of the artificial intelligence and a machine learning in an industry. With the introduction of an industry 4.0 the technology of the artificial intelligence and a machine learning is leading to an industrial revolution. A literature reviews on Machine learning and artificial intelligence is studied to identify the impacts of both technologies on business before and after this industrial 4.0 an introduction from 1999. From last few years, we have observed many products and services their industrial availability, and social economic impacts, this emerges questions on Artificial intelligence are hype or a reality. This paper addresses the impact of both these technologies on an entrepreneurial activity and thus on a global market.