Role of Human Intuition in AI Aided Managerial Decision Making: A Review

Managerial decision making is considered to be an interplay of human intuition and rationality. With the advent of Artificial Intelligence (AI), the rational part of decision making can be delegated to algorithms because of their superior efficiency in this domain. But intuitive part cannot be entrusted to algorithms with same ease, as it involves affective element which is considered to be a distinctive feature of humans. This paper is aimed at determining the role of intuition in Ai-aided decision making and ways through which intuition can be incorporated into AI-aided decisions. By reviewing literature on the subject of decision making, AI and intuition; it has been concluded that intuition is crucial for strategic decisions. It can be integrated in AI aided managerial decisions in two ways i.e. by developing a model that makes decisions by interaction of humans and AI, or by replicating human intuition through AI thus leading to completely autonomous decision making system that has emotional intelligence as well.