Business, 13.01.2022 16:40 kelbruggie

Business Analytics aids decision making by generating insights from complex datasets and also can help identify new business opportunites. Managerial analytics is about gaining a broad understanding of the field of analytics, its fit and potential as well knowing what's possible by adopting new analytical tools and processes. One of the new frontiers of analytics is Artificial Intelligence (AI). Artificial Intelligence which has evolved from automated Data Analytics encompasses techniques used to teach computer systems to learn, reason, infer, communicate and make decisions using human-like cognitive functions such as deduction, pattern recognition, and the interpretation of complex data. Discuss the following question regarding its potential long term managerial implication. Answer in 1 - 3 paragraphs.
With the increased adoption of AI in different fields for decision making, discuss how AI is likely to change the structure of business management hierarchies in the future â€“ do you think AI would promote more rigid management hierarchies with greater control or a more decentralized management affording greater freedom for employee work. State your reasoning for your chosen stance. Please also cite any external resources used.

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Business Analytics aids decision making by generating insights from complex datasets and also can he...