Exploring Artificial Intelligence (AI) Impact on Businesses: Perspectives from Big Data and Security

The concept of Artificial Intelligence (AI) has changed with time, and with the advent of Big Data, Machine Learning, Deep Learning, and Artificial Neural Networks, the fundamentals of AI and the way it is perceived in today’s life have undergone a sea-change. However, along with this, the perception of Data and Security has also come a long way. Security earlier meant being in a secure, safe, risk-free zone; it has now metamorphosed itself into a concept of perimeter-driven layers of security – which changes from person to person. Against this backdrop, some of the pertinent questions that face us today are: Does AI aim to replace Human Intelligence? Would AI overtake Human Intelligence? Can AI ‘learn’ on its own – thereby teaching itself new concepts and mechanisms – while on the fly? This article takes us through the various concepts of AI, its types and modes of growth and expected future development, leading to its impact on society, businesses, culture and people. Further, this study leads to impact points of AI development and progress on points like data and security and possible costs of security and whether they would be restricted to financial costs alone. Towards the end, the authors put forth thoughts to ponder on whether Big Data and AI are the answers to all questions that lie ahead; and how AI can play a role in the betterment of Data and Security available to global citizens of future societies; with a responsible impact on businesses, economies, people and culture.