2025-06-10 11:51

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Tags:AI-Fundamentalsai

AI and ML for Business Management

Subject: AI and ML for Business Management Lecture: 1 - 9th June 2025 Semester: IIIrd Semester

Artificial Intelligence (AI)

What is AI?

  • AI systems learn from large amounts of data, identifying patterns and relationships that help make predictions and recommendations. They improve over time as they get exposed to new information.
  • AI system learns from large amount of data, Identifying patterns and relationship that helps make predictions and recommendations.
  • They improve overtime as they get exposed to new information. The goal is to match the capabilities of the human mind in an effort to automate the work and solve problems more efficiently.

Fundamentals of AI:

  • Through the combination of statistics and trial and error method machine learning algorithms identify relationship and patterns within large datasets enabling them to draw conclusions about new data.

Now, that we have basic understanding of AI, let’s explore how it can be applied in business management.