MBS686 Explain what is meant by AI and discuss the main types of AI that businesses can implement: Economic and Business Strategic Research Paper, MU, Singapore

MBS686 Economics and Business Strategy

Assignment 2: Artificial Intelligence (AI) and Singaporean Businesses

Individual Research Essay

This assignment is designed to develop skills in collecting and assessing market information and presenting clear written communication about how the impact of Artificial Intelligence can affect the conduct and performance of the economy and firms.

1. Explain what is meant by AI and discuss the main types of AI that businesses can implement.
2. Concerning Singaporean businesses, discuss the benefits and costs of adopting AI and the potential challenges of implementing AI.

GENERAL REQUIREMENTS:

Develop logical and coherent responses to the issues raised above. The opinions or decisions that are presented should be supported by references to appropriate texts, articles, websites, and economic data. The following lists of deadlines and requirements should be adhered to. Failure to do so will result in a lower grade on the project.