Artificial Intelligence (AI)
Short Definition
The simulation of human intelligence in machines designed to think, learn, and act autonomously through algorithms, data processing, and adaptive models.
Context
Extended Definition
Artificial Intelligence refers to systems capable of performing tasks that typically require human intelligence — such as reasoning, learning, problem-solving, perception, and language understanding. AI operates through several subfields, including machine learning (data-driven model training), natural language processing (understanding human language), computer vision, and reinforcement learning.
In contemporary management, AI acts as both a tool and a partner in decision-making. It amplifies human capabilities, supports strategic foresight, and drives innovation in marketing, HR, finance, and operations. The current phase, known as Generative AI, creates new content and knowledge, redefining how organizations communicate, design, and compete. Ethical implications—such as bias, transparency, and accountability—are central to its responsible use.
Contemporary Example
See also
- Big Data
- Generative Artificial Intelligence (Gen AI)
- Machine Learning
- Predictive Analytics
- Data-Driven Decision Making (DDDM)
- Business Intelligence (BI)
- Digital Transformation
- Customer Relationship Management (CRM)
- Quantum Computing
- Internet of Things (IoT)
- Industry 4.0
- Contemporary Marketing Management (CMM)
- Digital Marketing
- Augmented Reality (AR)
- Innovation
- Metaverse
- Web3
- General Data Protection Regulation (GDPR)
Part of chapter: Glossary