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Harnessing Artificial Intelligence for Start-Up Growth: Opportunities, Challenges, and Ethical Considerations

Piyush Kumar,Abhishek Singh Chauhan

2024 · DOI: 10.22214/ijraset.2024.63932
International Journal for Research in Applied Science and Engineering Technology · 0 citazioni

TLDR

Results indicate that AI use leads to better decision-making, more Bicer processing, and substantial cost savings, suggesting that while AI offers many opportunities to infuse their offerings with innovation and smart capabilities based on real-time analytics or deep learning paradigms, successful adoption and ultimate stability will demand solid navigation of the associated constraints.

Abstract

Abstract: The corporate has been changing fast and for the good in start-up culture because of artificial intelligence. The research examines the impact of AI on start-ups and highlights its potential to revolutionise innovation in business. In this paper, our research seeks to determine where marketing-only AI has been applied as data and case studies were not readily available for derivation of compound measures. Results indicate that AI use leads to better decision-making, more Bicer processing, and substantial cost savings. Implementation costs are high, it requires specialised expertise and occasionally ethical considerations. The study provides insights for future work on the benefits and challenges of AI incorporation in start-ups. This has important implications for start-ups, suggesting that while AI offers many opportunities to infuse their offerings with innovation and smart capabilities based on real-time analytics or deep learning paradigms, successful adoption and ultimate stability will demand solid navigation of the associated constraints