Tuesday, May 24, 2022

Week 4 - Surfing the Tsunami

    AI is constantly changing how we work and conduct business. AI is growing more and more prevalent. Like any other scientific advancement, people must evolve to the changes or be left behind. The first step to accepting AI is adapting. The next step adopting AI into your management system. The last step is being directly involved in the advancement of AI.

    Adapting is not just waiting around and seeing what happens. Adapting means the business must move from being passive to being proactive.  It is helpful to look at the trends of AI to see where the technology is likely to head. Practicing with AI is also helpful in adopting more advanced technology. For instance, play around with a spend tool that can accurately forecast inventory needs. Once you become familiar with the software, you will have a better idea as to what spend software AI is capable of and how it can be even more useful when fully utilized.












References

Kelsey, Todd. (2018). Surfing the tsunami. 

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Week 8 - Online MBA