UGC Approved Journal no 63975(19)

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Published in:

Volume 10 Issue 5
May-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2305C97


Registration ID:
517430

Page Number

m687-m694

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Title

IMPACT OF AI IN FOSTERING IMPROVED DECISION MAKING IN AN ORGANISATION

Authors

Abstract

Purpose – Machines can help humans get over complexity through an analytical approach through well-computed computations to combine massive data otherwise, which is difficult for humans. The primary purpose of this research work is to understand the role of AI in fostering improved decision making. The paper also includes the limitations faced by AI in decision making. The main argument here is if AI should completely replace humans in the organization's decision-making process and, if yes, its pros and cons. Research Methodology – The methodology adopted for this research paper is the Doctrinal research method. The author has obtained all statistics and findings from published research papers by experts. The author will also try to determine the impact of AI on the decision making of the organization via credible journals, and websites. No preliminary study was done in this research paper. Findings –The findings of this research paper established that AI does have a significant role in fostering improved decision making. The findings also show that AI should be used to augment humans in the decision-making process instead of replacing them. Even though all complex decisions in which AI has a better advantage require some uncertainty involving human involvement. Therefore human-AI collaboration will be required to solve almost all complex decisions. Research Implications- This research work provides a preliminary understanding of the role of AI in fostering improved decision making. This research work also provides a brief theory about the importance of Human-AI collaboration in decision making along with the challenges faced. Future research should use alternative methods and survey the topic. Originality/Value –This research work describes how AI has helped foster improved decision-making in an organization and the challenges faced and its impact on the organization. This research paper also makes a unique contribution in recognizing the importance of Human-AI symbiosis in the decision making of an organizational setting. Keywords- Artificial Intelligence ,uncertainty ,complex decisions ,AI symbiosis

Key Words

Artificial Intelligence ,uncertainty ,complex decisions,AI symbiosis

Cite This Article

"IMPACT OF AI IN FOSTERING IMPROVED DECISION MAKING IN AN ORGANISATION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 5, page no.m687-m694, May-2023, Available :http://www.jetir.org/papers/JETIR2305C97.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPACT OF AI IN FOSTERING IMPROVED DECISION MAKING IN AN ORGANISATION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 5, page no. ppm687-m694, May-2023, Available at : http://www.jetir.org/papers/JETIR2305C97.pdf

Publication Details

Published Paper ID: JETIR2305C97
Registration ID: 517430
Published In: Volume 10 | Issue 5 | Year May-2023
DOI (Digital Object Identifier):
Page No: m687-m694
Country: Mumbai, Maharashtra, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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