Artificial Intelligence and Machine Learning for Enterprise Management

The upcoming digitalized frontier is purposed to be unleashed with reference to Artificial Intelligence (AI). Thus, companies should be ready for this form of development since it bears real-life advantage to the business world due to the upcoming digital transitions. This paper focuses on 5 AI technological systems: autonomous autos, computer visions, robotics, machine learning and virtual agents which include a lot of recent advancements and learning related to AI. Investment in AI is constantly increasing, with Baidu and Google presently dominating it. Internationally, we evaluate the technological giants spending about twenty billion dollar on AI alone in 2016. 90% of the amount has been invested in Research & Development and about 10% for the purpose of acquiring AI. PE and VC grants, finances and seed funds have also developed significantly development. Machine Learning (ML) remains to be an enhancing technological investment that receives a significant share in both the internal and external business world.