Role of Artificial Intelligence in Society and Business: An Overview

AI is the facsimile of the human intelligence process, achieved with the help of computer system using large pool of data. Multiple allied disciplines have led to the development of this multifaceted contributor. The present study aims at reviewing the potential contribution of AI in different sectors. The present review suggested that apart from diagnosis and surgery support, AI has led to the development of virtual nurses, prognosis of breast cancer, prediction of recurrence of prostate cancer etc. in health sector. Similarly the emergence of ‘chatbot’ for better customer care, self-driving cars in transportation sector, easy and accurate decisions finance related decisions, development of business strategy based on market conditions, contract analysis with the help of significant clauses in legal system, and answering queries of students in education sector validate the multidimensional contribution of AI.