What is AI? AI stands for Artificial Intelligence. It is the simulation of human intelligence in machines that are programmed to think and learn like humans. The process involves the development of algorithms and computer programs that can perform tasks that usually require human intelligence such as visual perception, speech recognition, decision-making, and language translation. According to John McCarthy, a computer scientist who coined the term "artificial intelligence" in 1956, AI is "the science and engineering of making intelligent machines, especially intelligent computer programs." AI has become increasingly popular in recent years and has been applied in various industries such as healthcare, finance, transportation, and entertainment, to mention a few. AI’s Overview and Its Impact on Business The business world is undergoing a transformation thanks to artificial intelligence (AI), which is changing how businesses function and engage with their