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ABR 2025 26(Entrepreneurial)printed 54 · PDF 64
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Automation is where companies employ
machines or software's to accomplish
tasks that would normally be performed
by
human
beings.
This
assists
in
minimizing errors and conserving time
Artificial Intelligence takes it a notch
higher. AI can suggest what movies you
can watch, what products you can buy,
or even assist companies in hiring
employees
by
evaluating
their
applications. While most of the world
fears that AI will replace them, others
expect it to bring new types of jobs,
particularly in technology and design
sectors. Either that or both, but one
thing is certain: AI is transforming how
we work and conduct business.
Challenges of Technology in Business
While
technology
has
numerous
benefits,
it
also
poses
risks.
Cybersecurity is one of the greatest
concerns. Companies have to safeguard
customers
data
from
hackers
and
secure their systems. There's also the
matter of job loss and unemployment.
With
more
work
being
done
by
machines
and
software,
some
conventional jobs will just cease to exist.
But opportunities are opening up in
fields such as coding, data science, and
digital marketing and so it's crucial that
companies
employ
technology
responsibly.
Into The Future
Technology has revolutionized how
companies communicate, market, sell,
and make decisions. It enables them to
work
more
quickly,
reach
more
customers, and provide better services.
But it also creates new challenges and
54
Enterprise Edition
responsibilities. Being a student born in
the digital age, learning how businesses
make use of technology can provide
you with a significant edge. Whether
you wish to own your business someday
or
work
for
a
technology
firm,
understanding
the
importance
of
technology is a smart move. Who
knows?
Perhaps
your
next
BYOI
presentation might be the beginning of
something great.