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AI & ML In Business Flashcards | StudBud
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AI & ML In Business
AI & ML In Business
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Questions
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Answers
1
AI in healthcare can help with?
Diagnosing diseases
Making business contracts
Writing legal documents
Filing taxes
2
AI helps businesses by Improving Effeciency?
False
True
3
AI can reinforce biases because...
AI ignores all data
Humans program it wrong
It learns from biased data
It makes mistakes
4
AI systems are only as good as...
The company that makes them
The computers they use
The size of the team using them
The data they are trained for
5
Machine Learning systems improve by Trial and Error?
False
True
6
Which technology is closely related to AI’s future?
Smartphones
Emails
Office chairs
Self-driving cars
7
What does AI stand for?
Advanced Information
Actual Intelligence
Automatic Intelligence
Artificial Intelligence
8
Which of these is a subset of AI?
Robotics
Data Science
Cloud Computing
Machine Learning
9
What is a common use of AI in customer service?
Email marketing
Human call centers
Face-to-face meetings
AI chatbots
10
AI is expected to?
Increase costs
Be banned worldwide
Make human decisions slower
Automate complex tasks
11
Which company uses AI for supply chain management?
McDonald's
Amazon
Nike
Spotify
12
What does ML stand for?
Machine Logic
Mobile Learning
Manual Learning
Machine Learning
13
What does IBM’s Watson AI help with?
Healthcare decisions
Advertising
Shopping experience
None of the above
14
Which is an ethical concern of AI?
Faster decision-making
Lower costs
Job displacement
Improved efficiency
15
Which industry uses AI to detect fraud?
Tourism
Retail
Fashion
Finance
16
In which area does Machine Learning help optimize supply chains?
Predicting Demand
Increasing costs
Hiring employees
Building new stores
17
Which is NOT a potential ethical issue of AI?
Bias in decision-making
Improved data accuracy
Job loss
Data privacy concerns
18
What does predictive analytics do in AI?
Build machines
Analyze future trends
None of the above
Predict stock prices
19
AI helps companies make decisions by analyzing...
Buildings
Products
Employees
Data
20
Which company uses Machine Learning for personalized recommendations?
TikTok
All the above
Youtube
Twitter
21
A benefit of AI is...
Fewer data insights
Reducing repetitive tasks
Higher operational costs
Slower customer service
22
Netflix uses AI to suggest shows to watch.
False
True
23
In the future, AI may collaborate with humans
True
False
24
Which company uses AI for product recommendations?
Netflix
Facebook
Amazon
Amazon & Netflix
25
AI is primarily used to...
Simulate human intelligence
Build robots
None of the above
Replace all human workers