What is AI?
Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. It is a branch of computer science and engineering that deals with intelligent behavior, or the ability to solve problems creatively.
How Artificial Intelligence Is Affecting Enterprise
Artificial Intelligence is the new big thing in the modern business. Enterprises are using it for a variety of purposes, such as improving customer service, boosting sales and providing better insights into their data.
There are a number of ways in which AI can be used to improve enterprise operations:
– AI can help companies automate processes and reduce operational costs.
– AI can automatically detect fraud and prevent cyberattacks.
– AI can help enterprises predict future events by analyzing data.
– AI can provide personalized customer service through chatbots or virtual assistants.
– AI can help you create blog articles and social media posts.
How Artificial Intelligence Has Already Transformed the Way Businesses Operate
The next decade will see an exponential growth in the use of AI, and businesses that are not prepared for this change may well be left behind. AI has been used for a variety of tasks in business, from customer service chatbots to predictive analytics and data mining. AI can help with a wide range of tasks such as customer service, sales, marketing and product development. It can also be used to improve decision-making by analyzing large amounts of data more quickly than humans.
Benefits of Artificial Intelligence for Small Businesses and Entrepreneurs
AI is not just for large corporations. In fact, it can be a valuable tool for small businesses and entrepreneurs as well. AI can help them to increase their productivity, automate repetitive tasks, and much more.
Why AI is not everything and we still need humanity
AI will not replace us, and we still need human touch in our daily life. In my own case: I always tell in keynote speeches that AI helps me to create around 60-70% of my blog articles, and the rest is my own magic. I see AI as a tool that helps me to work faster, but still I have work to do. It is not like that I just press a button and magically the work is done; I still have to edit and re-edit the articles. So, there is still human touch necessary when it comes to my work, and that is true in my opinion also for other niches.
Lead generation in a very human way
We all know it; there are AI tools that spam all of our contacts in order to create a lead. Who honestly would love to be seen as a lead? Really nobody. We all want to be seen as human beings. That was also the approach of Brian Bogert, the Co-Founder of ConvoKong. A tool that helps entrepreneurs on LinkedIn create meaningful relationships through AI. It started two years ago when Brian Bogert realized that he doesn’t have time to cold reaches through social media. He needed a tool that helped him to make the first step and get in touch with people. The idea of ConvoKong was born. The main idea: it is all about building relationships with the help of AI. “The main problem with all automation is that often times they jump directly to selling without any context and building credibility”, so Bogert. What ConvoKong offers is they build a 2-step automation process where at the end the human being is interacting really with you. The AI first helps to identify the right audience and supports with the cold invites, and after that the real human being continues the conversation. After Bogert used the tool for his own consultation business, he started offering it also to other entrepreneurs because the numbers were impressive. “We have between 35-50% cold invite accepts depends on the niche and 15-20% engagement and real conversations, which are definitely numbers above the average”, so Bogert.
You can watch the interview with Brian Bogert here:
Tips for Implementing AI in Your Business
AI is not a replacement for humans, but it provides assistance to the content writers by getting rid of writer’s block and generating content ideas at scale. There are many ways in which AI can be implemented into your business. The most important thing is to identify what you want to achieve and what type of AI would work best for your needs.
