AI Applications in Business

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Questions and Answers

What is the most common application of AI in businesses, according to the Forbes Advisor survey?

  • Customer service (correct)
  • Cybersecurity and fraud management
  • Content production
  • Inventory management

What percentage of businesses use or plan to use AI-powered chatbots for instant messaging?

  • 85%
  • 73% (correct)
  • 61%
  • 51%

What is the primary purpose of AI in customer relationship management?

  • Fraud detection
  • Personalized product recommendations
  • Enhancing customer experiences (correct)
  • Optimizing email campaigns

What is the percentage of businesses that use AI for personalized advertising?

<p>46% (C)</p> Signup and view all the answers

What is the percentage of businesses that use AI for text message optimization?

<p>49% (A)</p> Signup and view all the answers

What is the primary effect of AI on customer interaction channels?

<p>More personalized and efficient experiences (B)</p> Signup and view all the answers

What percentage of businesses use AI for process automation?

<p>51% (C)</p> Signup and view all the answers

What is the least common use of AI among businesses, according to the survey?

<p>Writing code (D)</p> Signup and view all the answers

What is an additional benefit of AI in business, besides improving customer experiences?

<p>Allowing companies to become more nimble and productive (C)</p> Signup and view all the answers

What percentage of businesses use AI for search engine optimization tasks?

<p>52% (D)</p> Signup and view all the answers

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Study Notes

AI Applications in Businesses

  • 56% of businesses use AI for customer service.
  • 51% of businesses adopt AI for cybersecurity and fraud management.
  • 46% of businesses use AI for customer relationship management.
  • 47% of businesses use AI-powered digital personal assistants.
  • 40% of businesses use AI for inventory management.
  • 35% of businesses use AI for content production.

AI in Customer Experience

  • 73% of businesses use or plan to use AI-powered chatbots for instant messaging.
  • 61% of companies use AI to optimize emails.
  • 55% of businesses deploy AI for personalized services, such as product recommendations.
  • 42% of businesses use AI for long-form written content, such as website copy.
  • 46% of businesses use AI for personalized advertising.
  • 36% of respondents use or plan to use AI in phone-call handling.
  • 49% of businesses utilize AI for text message optimization.

AI in Business Processes

  • 53% of businesses apply AI to improve production processes.
  • 51% of businesses adopt AI for process automation.
  • 52% of businesses utilize AI for search engine optimization tasks, such as keyword research.
  • 40% of businesses use AI for data aggregation.
  • 38% of businesses use AI for idea generation.
  • 38% of businesses use AI for minimizing safety risks.
  • 46% of businesses use AI to streamline internal communications, plans, presentations, and reports.
  • 31% of businesses use AI for writing code.
  • 29% of businesses use AI for writing website copy.

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