Benefits of Artificial Intelligence and its Innovation in Organizations

Diana Paola Amaya Amado, Fabian Andrés Cárdenas Diaz, Roció del Pilar Cabrera Pantoja and Lina María Bastidas Sanchez

SAP Multidisciplinary Open, 2024

Abstract: This article reviews the advances, benefits and contributions of artificial intelligence to business organizations, without ignoring the need for skilled human labor and talent that companies have always required and which is essential for the economic development of a company. The implementation of legal frameworks and regulations that will in turn address issues such as organizational privacy, cybersecurity and liability are important aspects to be addressed in this article. Thus, this paper focuses on the compilation of scientific articles, books and other texts in which important topics were evidenced such as (i). - Innovation and invention, (ii). - Big Data, (iii). -Implementation of artificial intelligence in organizations, and (iv). -legality and responsibility of decisions, likewise, it examines the legal challenges of AI and highlights that smart contracts are a technological innovation that allows secure, fast and low-risk transactions using blockchain technology, this is why the literature review aims to explore how technology, artificial intelligence and communication tools can facilitate the work of the population, decreasing the time spent on some activities

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:cwf:moarti:mo202315

DOI: 10.62486/mo202315

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