Tech-savvy companies are leveraging AI to develop new ecosystems and business models that spur innovation and growth. Furthermore, AI is redefining the health care industry, giving rise to new business models centered around precision medicine. The retail sector, too, is witnessing a transformation in business models fueled by AI. The success of cashier-less stores exemplifies how AI can revolutionize traditional business models by introducing unprecedented levels of automation and convenience. In conclusion, the integration of AI into business models is not merely a technological advancement; it is a fundamental shift that is reshaping industries across the board.

Source: Manila Times January 31, 2024 23:05 UTC