Artificial intelligence is sweeping across the economy.
It¡¯s showing up in the stock market with Nvidia¡¯s meteoric rise and the marketing blitz around AI is inescapable, whether from software providers peddling the promise of harnessed data to golf-club makers trumpeting an AI design. Narrow AI is now a real tool and companies are figuring out how to deploy it.
Generative AI, virtual assistants and self-driving vehicles are some early use cases of the technology. Workers are being freed from tedious data-entry tasks such as extracting pertinent information from an email to fill an order and send a receipt. Software can scoop up financial data from public filings more quickly than a human and provide an instant synopsis. Most of this revolution is taking place in offices on company computers.
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