How AI Can Be Used in a Business

How AI Can Be Used in a Business

April 3, 2023 by investor

How AI Can Be Used in a Business

AI can enhance the operations of a business.

Here are some steps to implement AI in your startup:

Identify an application where AI can enhance your operations.

Define the outcome of the solution and what it should do.

Choose an AI tool that is built for the application you want to pursue.

Capture data from your business systems to load into the application.

Train the application with your data and other relevant data sets.

Test the implementation to see how it performs.

Tune the application with more data to improve performance.

Test the application with a user to see how well it works for them.

Determine metrics of performance.

Continue to tune the application with new data.

Test with new users to see if the system maintains the performance metrics.

Train the team on how to use the application and roll it out to the broader company.

Finally, monitor the ongoing performance.

AI can be another tool for your business. 

 

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Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.

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