Artificial Intelligence and Business Innovation

Artificial intelligence technology has been developing for more than 60 years. The innovation of artificial intelligence has brought tremendous impact on business. This paper uses literature analysis method and combines with practice, adopts Osterwalder Alexander's point of view, puts forward n...

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Bibliographic Details
Published in2020 International Conference on E-Commerce and Internet Technology (ECIT) pp. 237 - 240
Main Author Lu, Jia
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.04.2020
Subjects
Analytical models
artificial intelligence (AI)
banking innovation
business innovation
business model
communications industry innovation
component
Costs
Electronic commerce
History
Industries
Internet
Publishing innovation
Technological innovation
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Summary:Artificial intelligence technology has been developing for more than 60 years. The innovation of artificial intelligence has brought tremendous impact on business. This paper uses literature analysis method and combines with practice, adopts Osterwalder Alexander's point of view, puts forward nine paths of AI innovation promoting business innovation, that is, AI will promote the innovation of customer segments, customer relationships, value positions, channels, key resources, key activities, key partnerships, revenue streams and cost structure in the business model, and draws a conclusion that AI innovation promotes business innovation.
DOI:10.1109/ECIT50008.2020.00061