AI And The Economy: Business Models Will Change Rapidly ...Middle East

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AI And The Economy: Business Models Will Change Rapidly
Data flow concept. getty Artificial intelligence will impact pretty much all business activity in the economy. Some functions will be less impacted by the current crop of large language models, such as Chat GPT, Bard and Claude, but even the lightly-affected companies will change some of their operating procedures to take advantage of new capabilities. Biologists know there are always new species evolving and others going extinct. But sometimes there is an explosion of new species and extinctions. A change in vegetation, for example, changes which animals will thrive, which will die off and which will evolve. Similarly, technological change leads to new businesses springing up and others

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