The Role of Artificial Intelligence in Market Competition
DOI:
https://doi.org/10.54097/c8df3241Keywords:
Artificial Intelligence, Market Competition, future development.Abstract
The subject of the research is about the role of artificial intelligence in the market. With the rapid advancement of social technology, artificial intelligence is playing an increasingly significant role in the market. As a research topic within the field of business administration, artificial intelligence has profoundly transformed the business landscape. Both individual consumers and enterprises now heavily rely on the convenience brought about by artificial intelligence. From personalized recommendation systems to intelligent ad targeting, AI accurately meets consumer demands by analyzing vast datasets, thereby enhancing market efficiency. Moreover, artificial intelligence is making a significant impact in the realm of employee training. Machine learning-based training methods can personalize adjustments based on employees' learning progress and performance, thereby improving training effectiveness. Even in traditional fields such as driver training, virtual reality technology has been integrated to make learning more efficient and safer. All of these developments herald the trends in future market evolution, where artificial intelligence will become a key element for business success. As technology continues to progress, artificial intelligence will gradually evolve into an indispensable life necessity. It not only brings innovation and efficiency to the market but also offers individuals a more convenient and personalized way of living. Therefore, scholars and practitioners in the field of business administration have a responsibility to delve into the role of artificial intelligence in the market, in order to better grasp the opportunities and challenges in future business development.
Downloads
References
Artificial Intelligence Plays a Role in Marketing and Sales. https://www.marketingbetter.com/sales-marketing-ai/. (2022, September 13).
Benefits of AI in Marketing Practices. What are the pros and cons of AI in marketing practices? -Metaverse Insider. (2023, March 21). https://www.yuanyuzhouneican.com/article-545998.html
Ai: Why is essential for competitive intelligence. tgndata. (2022, November 3). https://tgndata.com/ai-why-is-essential-for-competitive-intelligence/
Kaput, M. (2022, July 13). AI for competitive intelligence: What you need to know. Marketing AI Institute. https://www.marketingaiinstitute.com/blog/ai-for-competitive-intelligence
What Artificial Intelligence (AI) can help marketing do, read this industry whitepaper to find out. (2017, September 1). Know Your Column. https://zhuanlan.zhihu.com/p/28991284
7 Ways Leaders Can Use AI to Enhance the Digital Employee Experience. Zoom Blog. (2023, June 13). https://blog.zoom.us/zh/ai-digital-employee-experience/
Fowler, G. (2020, February 5). Council post: AI for a competitive advantage. Forbes. https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2020/02/05/ai-for-a-competitive-advantage/?sh=6987f756402b
1Maheshwari, S. (2020, June 29). Lululemon to buy Mirror, a fitness start-up, for $500 million. The New York Times. https://www.nytimes.com/2020/06/29/business/Lululemon-buys-mirror.html
Lululemon is eating Nike's lunch. (2023, April 10) Yahoo! Finance.https://finance.yahoo.com/news/Lululemon-eating-nikes-lunch-172210063.html
NBCUniversal News Group. (2013, November 1). Lululemon complaints stretch beyond quality to customer service. NBCNews.com. https://www.nbcnews.com/businessmain/lululemon-complaints-stretch-beyond-quality-customer-service-8c11514726
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.






