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Paper title Exploring the Role of Artificial Intelligent in Post Covid-19 era (A business perspective)
Paper author Joan Pil and Julius Thompson
Author Email [email protected]
Abstract
This paper conceptualises the role of technological innovation using Artificial Intelligent (AI)
to sustain business operations by Toronto businesses. This is because most of the businesses in
Toronto except banking services, use manual mode of operation. AI is the process of using
automated technologies to carry out business activities by companies. These activities may
comprise logistics, production, delivery and the like undertaken with the aid of human
supervision. The use of AI by businesses might help them to achieve competitive advantage in
terms of lower production cost, qualitative products and services delivery, customer
satisfaction, expand market share and increase turnover. Despite the negative side effect,
technology might have on general employment level, it is argued that AI might probably
complement human labour. The effect might help in increasing overall business efficiency,
following the COVID-19 epidemic on global economic activities and Toronto inclusive. These
businesses face a serious problem of not being able to sustain their operations due to high
dependence on manual system of operation. Therefore, considering an alternative option of
operation (automation) becomes paramount. This paper is a content analysis based on existing
literature pertinent to the role, which AI hopes to play in sustaining business activities in
Toronto. Hence, Toronto policy makers should give considerable attention to the development
and use of innovative technology pertinent to its business environment that will simplify
business activities.
Keywords: innovations, businesses, covid-19, artificial intelligent, efficiency
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