What Is the Primary Purpose of Developing Artificial Intelligence

question 1

Multiple Choice

What is the primary purpose of developing Artificial intelligence?

• A) To facilitate digital communication between employees in an organization
• B) To enable intranets to provide access to outsiders
• C) To aid managers who do not possess advanced computer skills
• D) To use computers, instead of people to perform certain business activities
• E) To replace the transaction-processing systems with customer care executives

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Definitions:

Low-productivity Workers

Employees who generate less output per unit of input compared to others, often leading to less efficiency within an organization.

Moral Hazard

The situation where one party is more likely to take risks because another party bears the cost of those risks.

Adverse Selection

A situation where asymmetric information results in high-risk individuals being more likely to participate in a contract or agreement, potentially leading to market inefficiency.

Life Insurance

A contract between an insurer and a policyholder where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.