Economic Survival

Venture 2
Member: Ganal, Fathur, Priscilla, Anisa

Talking about AI, do you know what AI is? AI stands for Artificial Intelligence; The use of
computer systems to perform tasks normally associated with human intelligence. Artificial
intelligence is a branch of computer science that uses techniques from mathematics and
computer science to create software that mimics human intelligence. AI has the potential to
revolutionize many industries by providing solutions to many common problems faced by
humans and machines. AI has already made significant leaps in the past few decades; however,
there is still much to develop in this field. AI’s main application in industry is in the form of
software or hardware that helps machines perform tasks more efficiently. An AI system can
perform repetitive tasks much more quickly and effectively than humans with minimum
mistakes, unlike humans who make a lot of human errors. This allows industrial companies to
expand and maintain their system without compromising productivity It also allows them to
troubleshoot their systems when they encounter issues - which saves time and ensures safety.
Essentially, using AI in this way is very beneficial both for the companies and the individual
working within them.

In Indonesia, the growth of AI technology, also known as artificial intelligence, is seen in the
online business sector, such as e-commerce, online shops, banking, and mobile network
operators. Yes, any type of business can take advantage of AI technology. Here's an Example of
Artificial Intelligence for Business Needs. Inventory Monitoring, Inventory Monitoring functions
to monitor stock of goods more thoroughly and accurately, and the data is presented in real time,
so that the production process runs smoothly and there are no vacancies. Data Mining, The next
example of Artificial Intelligence is the use of data mining. Through data collection that is
processed through advanced machine learning, you can find out what products are in demand,
consumer likes, and vice versa. In this way, various sales targets and marketing strategies can be
greatly helped. CRM applications, customer relationship management (CRM) applications allow
business owners to perform in-depth management of customers, because it acts as a sales
management system. Through the CRM application, sales can be monitored in more detail,
including operational matters, logistics to the administration team, and Human Resource
Management. Customer Recommendations, potential consumers sometimes experience
confusion in determining which products to buy. To make the shopping experience more
effective, the existence of customer recommendations is very helpful. This AI technology helps
determine the right product for consumers based on location variables, age, gender, to find out
the interests of potential consumers. When all the data has been collected, it will be found what
products, or services are in accordance with consumer needs. All business processes become
shorter, more efficient, and more effective thanks to Artificial Intelligence.

Another major application of AI is in customer service. By using AI, companies can anticipate
customer wants and needs faster than humans can. This allows them to provide consistent quality
customer service and keep up with changes in technology. It’s also possible to use AI to
determine which customers are experiencing technical difficulties with a product and send them
helpful information. Ultimately, this allows companies to provide better customer service with
fewer resources; it just requires that management understands how to make this work effectively.

Artificial Intelligence has been widely used in the business world. This includes automation, data
analysis, and NLP. In industry, these three areas of AI can streamline operations and increase
efficiency. The existence of automation by Artificial Intelligence AI can reduce repetitive or
even dangerous tasks. Data analysis provides unprecedented insights.

Artificial Intelligence AI has a considerable impact in marketing services. In the internet era like
now there is a rapid development of social media marketing with AI. This technology makes it
easy for brands to personalize customer experiences, connect with customers, and track the
success of marketing strategies.

One aspect that needs to be considered in technology is security issues. For example,
autonomous vehicles that must respond to scenarios when an accident occurs. This AI-based
technology is designed to determine what a self-driving car will systematically do when danger
is unavoidable.
AI in general provides many advantages in the company's business operations. This can reduce
uptime for data analysis, provide consistent results, and virtual agents with always-on services.
But every system must also have shortcomings, as well as AI. Some of the shortcomings in using
AI include being expensive and will never replace humans, and lack of creativity. 

Many companies have used AI or Artificial Intelligence in their business. Especially big
businesses that really need technology to help their operations. This technology itself can be
applied in many aspects within the company, not just in one place. The following are some
examples of the use of AI in various aspects of business.

1. Marketing
The field of marketing is one of the most common uses of AI. The existence of AI can help to
develop marketing strategies. Not only that, AI can also be an instrument to execute the strategy.

AI can group customers based on their interests or demographics. It also helps in targeting ads or
ads based on browsing history on the internet. Apart from advertising, AI can also be used for
chatbots.

2. Sales
In sales, AI can help improve sales predictions, consumer needs, and improve communication.
AI engines can help sales professionals to manage time and identify what is needed.

3. Research and Development (R&D)

AI can be a tool for innovation. This can help companies build deeper understanding of a wide
range of industries including healthcare, pharmaceuticals, finance, automotive, and others. AI
can collect information efficiently and accurately and help research problems and develop
solutions.

4. Building Maintenance
AI is also useful in the maintenance of building facilities. Building automation with AI makes it
easier to control lighting, heating systems, cooling systems, internet-of-things use and sensors.
The AI system can also adjust the building system to accommodate the number of occupants,
time of day, and so on.

5. Manufacturing
Manufacturing companies can use AI for every stage of manufacturing. This can range from the
supply chain to tracking inventory in stores. AI can not only anticipate demand and manage
production but also sensors on equipment. AI can help anticipate problems that may arise in
every business process. The existence of a machine vision system can also help support the
quality control process in manufacturing facilities.

6. Banking and Finance

Many companies can apply artificial intelligence for cost reductions and more efficient
operations. Automating processes with AI can provide extraordinary results for accounting and
corporate finance problems. AI in accounting will also reduce errors. AI can provide real-time
status on organizational financial problems because it can monitor through NLP (Neuro
Linguistic Programming).

7. Human Resources
Artificial intelligence or Artificial Intelligence can indeed replace the role of humans to perform
certain tasks. AI can help increase efficiency and save money by automating repetitive tasks. AI
can also help human resources departments in data-driven decision making. It can also simplify
the candidate screening and recruitment process. The company's performance or performance
can be improved by using AI. In the early stages it requires careful planning so that utilization
can be used effectively. Artificial Intelligence or artificial intelligence can be a tool that is
applied in various business fields. The applied AI technology can help companies attract more
customers and increase their revenue. (Pricilla)
Contrary to common perception, examples of the application of Artificial Intelligence (AI) are
not limited to the IT or technology industry. Instead, it is widely used in other fields such as
medical, business, education, law, and manufacturing.
In the following, we review examples of the application of artificial intelligence that is already in
use today,
•Halodoc
Halodoc, the first mobile telemedicine platform in Indonesia, applies artificial intelligence (AI)
technology for the health services it offers. AI in Halodoc is powered by Google's Late Stage
Accelerator. AI is being implemented to improve the way doctors receive feedback.
Indonesia currently has a very large population so that sometimes fast and appropriate access to
health care is a challenge. With these challenges, Halodoc is present as the first mobile
telemedicine that can help connect the community with doctors by arranging consultation
appointments, drug delivery, and medical tests.(Nisa)