Artificial Intelligence
Industry-Specific AI Technologies: Time and Cost Savings
Bee
4/21/2024
Industry-Specific AI Technologies have changed the way we do business. They boost efficiency and cut costs. Since the early 2010s, AI has moved from being a new tech to a key part of many industries, like with the launch of ChatGPT in 20221.
These AI technologies can make processes 40% more efficient. This cuts costs by up to 30%. This means companies can now focus on big decisions and use data for things like creating insurance policies automatically1.
When it comes to money, choosing how
