The Risks of AI in your Business

Artificial intelligence in businesses is something that has begun to grow greatly. It is commonly seen in businesses through uploading files and file sharing, customer service via chat bots and telephone, fraud detection, security, and even basic tools like lights, temperature controls, and security. Firms should not try to “enhance their businesses” using AI. There are many negatives, including little to no privacy for the firm, the costly price of AI, the learning-curve, and the fact that AI strictly relies on the internet to run. To begin with, AI risks the business’ privacy. For example, the hackers can easily obtain information about your business and the employees. AI security is not reliable, risking the higher chance of a break-in. Most AI security systems have an app connected through Wi-Fi with a 24/7 view of the business. Someone could hack the application, let themselves in, and disable the cameras if they know what they’re doing. Additionally, AI is very expensive to keep up with. New models come out every year for AI security systems, and to ensure that you have the “highest security” possible for your business, you are convinced you need to buy it. AI in the business will also be a learning-curve for most employees. There are still generations around that are having a hard time adapting to new technological changes that have been happening in the last decade. They prefer to have meetings in person as opposed to using a program to conduct a meeting over the phone. Finally, AI relies on the internet. If the business does not have reliable Wi-Fi, all the AI technology that the business implements will not be working, which leads to the business being unproductive. Overall, Artificial Intelligence is not something that businesses should use to try and “grow their business”. In the end, AI will not help businesses to grow because it has too much risk.