An Examination of the Challenges Associated with Applying Artificial Intelligence Techniques to Specific Management Problems
- Title
- An Examination of the Challenges Associated with Applying Artificial Intelligence Techniques to Specific Management Problems
- Creator
- Rahate V.; Karpagavalli G.; Vijayalakshmi A.; Deshpande S.; Roopa M.B.; Bapat M.S.
- Description
- Artificial intelligence (AI) holds immense promise in revolutionizing management practices across various sectors, offering solutions to complex problems and optimizing decision-making processes. However, the application of AI techniques to management problems is not without its challenges. This examination delves into the multifaceted hurdles encountered when integrating AI into management frameworks, highlighting key obstacles and potential avenues for overcoming them.AI algorithms heavily rely on large volumes of high-quality data for effective training and decision-making. Yet, many management domains grapple with disparate data sources, inconsistencies, and incomplete datasets, hindering the performance and reliability of AI systems. Furthermore, the dynamic nature of management problems poses a significant challenge to AI implementation. Management environments are characterized by evolving trends, uncertainties, and unforeseen disruptions, rendering static AI models inadequate in adapting to changing conditions. Hence, the development of agile AI systems capable of continuous learning and adaptation becomes essential for addressing the dynamic nature of management challenges. 2024, Collegium Basilea. All rights reserved.
- Source
- Nanotechnology Perceptions, Vol-20, No. S5, pp. 491-498.
- Date
- 2024-01-01
- Publisher
- Collegium Basilea
- Subject
- adaptation; agile AI systems; Artificial intelligence; challenges; continuous learning; data quality; disparate data sources; dynamic management problems; management practices
- Coverage
- Rahate V., DattaMeghe Institute of Management Studies, India; Karpagavalli G., Department of Management Studies, DayanandaSagar College of Engineering, India; Vijayalakshmi A., Department of English, ChaitanyaBharathi Institute of Technology, Hyderabad, India; Deshpande S., Department of English, ChaitanyaBharathi Institute of Technology, Hyderabad, India; Roopa M.B., Department of Business and Management, Christ University, Yeshwanthpur Campus, Bangalore, India; Bapat M.S., K.G. Joshi College of Arts and N G Bedekar College of Commerce (Autonomous), India
- Rights
- Restricted Access
- Relation
- ISSN: 16606795
- Format
- Online
- Language
- English
- Type
- Article
Collection
Citation
Rahate V.; Karpagavalli G.; Vijayalakshmi A.; Deshpande S.; Roopa M.B.; Bapat M.S., “An Examination of the Challenges Associated with Applying Artificial Intelligence Techniques to Specific Management Problems,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/13538.