Artificial Intelligence in Management: Potentials, Challenges and Opportunities

Authors

  • Mr. Hitesh S Limbachiya Admin. Assistant (Centre for Research & Innovation) Sankalchand Patel University, Visnagar Author
  • Mr. Mitesh B. Thakor Assistant Professor, Smt. S. B. Patel Institute of Business Management, Sankalchand Patel University, Visnagar Author

DOI:

https://doi.org/10.31305/trjtm2022.v02.n04.001

Keywords:

Artificial Intelligence, AI, digital economy, digital management, smart decisions

Abstract

The technological development of society, and in particular the universal digitalization of the economy, will have a significant impact on the labour market and on the work functions of managers. The use of Artificial Intelligence and robotic systems brings enormous opportunities and threats of changes or even disappearance of certain professions. The ability to restructure the management system according to new opportunities and challenges will be a key factor in adapting organizations to new conditions in the interests of workers, employers and society. This study includes the analysis of trends in the use of artificial intelligence and its influence on the labour market and the roles of managers. It also highlights the opportunities that AI brings to companies and employees and the main challenges of its implementation in the organization's management system.

Published

2022-12-31

Issue

Section

Articles

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How to Cite

Limbachiya, H. S., & Thakor, M. B. (2022). Artificial Intelligence in Management: Potentials, Challenges and Opportunities. TECHNO REVIEW Journal of Technology and Management , 2(4), 01-06. https://doi.org/10.31305/trjtm2022.v02.n04.001