NTCC Ayush Kant (A36106422052)
NTCC Ayush Kant (A36106422052)
UNIVERSITY
JHARKHAND
SUBMITTED TO – AMITY
UNIVERSITY JHARKHAND
NTCC MINOR PROJECT
TOPIC - USE OF AI IN BUSINESS
ADMINISTRATION(APPLE
COMPANY)
SUBMITTED BY – AYUSH KANT CHANDA
ENROLL NO.- A36106422052
DECLARTION
I AYUSH KANT CHANDA student of Bachelor of Business Administration hereby
declare that the Minor Project titled “USE OF AI IN BUISNESS ADMISTRATION” which
is submitted by me to Department of Management , Amity School of Business , Amity
University Jharkhand, in partial fulfillment of requirement for the award of degree of
Bachelor of Business Administration, has not been previously formed the basis for the award
of any degree, diploma or other similar title or recognition.
While conducting this report, I got support in many ways from many people. Firstly, I am
deeply grateful to my project guide, Dr Dolly Ranjan, who helped me with full devotion and
always supported me earnestly whenever it was needed it was needed. Without her guidance,
mental & moral support and academic inputs this report was not possible.
This Training report could never have seen the light of the day without her co-operation of
those clients who participated in this. I am thankful to all of them for giving me their valuable
time.
My friends have been biggest support for me at every juncture of life. They manifested their
great interest in my research work also and always tried to make things easy for me.
A word of gratitude goes to my family members whose love; affection and understanding
have enabled me to complete this endeavor with ease . At the end, I thank to Almighty for
giving me courage and strength to conduct this project report.
CONTENT
1) Abstract
2) Introduction to AI
3) Methodology
4) Literature Review
5) Problem statement
6) Objective of the study
7) Scope of the Research
8) Significant of the study
9) Weaknesses
10) Strength
11) Opportunities
12) The View On Use Of AI In Business Administration (Apple Company)
13) Threats
14) Conclusion
15) Reference
Abstract
With devices like the iPhone, iPad, and Mac computers, Apple is one of the top technology
businesses in the world. Artificial intelligence (AI) has been used by Apple to improve its
goods and services over the years. This abstract gives a general overview of how artificial
intelligence is used by Apple, with a focus on how the business has incorporated AI into its
products and how it handles privacy and security. The virtual assistant Siri, which makes use
of natural language processing to offer consumers individualised recommendations and
responses, is just one example of how Apple has implemented AI into its products. The
business also used AI to power functions like Face ID, which let customers to unlock their
smartphones using face recognition, and the camera app, which enhances photos using
machine learning algorithms. Apple's use of AI has been significantly influenced by its
commitment to security and privacy. In order to safeguard user data, the business has
included features like differential privacy, which makes sure that AI models are trained on
user data in a way that maintains their anonymity. Apple has established itself as a leader in
the tech sector thanks to its dedication to privacy and security and creative use of artificial
intelligence.
INTRODUCTION TO AI
The goal of artificial intelligence (AI), a subfield of computer science, is to build intelligent
robots that are capable of carrying out activities that traditionally require human intelligence,
such as speech recognition, decision-making, and natural language processing. In order to
extract patterns and insights from massive volumes of data, learn from past mistakes, and
make predictions or suggestions, AI systems use mathematical and statistical techniques. AI
can be divided into a number of categories, including:
1.Supervised learning: A sort of machine learning in which the algorithm learns to make
predictions based on labelled data after being trained on that data.
2.Unsupervised learning is a sort of machine learning in which the algorithm is taught on
unlabeled data and discovers patterns and structure without being explicitly instructed.
3. Reinforcement learning is a subset of machine learning in which the algorithm learns by
error and receives feedback in the form of rewards or punishments for its deeds.
Artificial intelligence (AI) is employed in many different fields, such as healthcare, finance,
robotics, autonomous cars, natural language processing, and many others. AI has the potential
to change many facets of our life as it develops, including the way we work, study, and
communicate.
Technology business Apple Inc. has made tremendous advancements in the area of artificial
intelligence (AI). Over the past few years, the corporation has made significant investments
in AI technologies and has incorporated AI into many of its goods and services.
The virtual assistant Siri, which Apple has been integrating AI into, is one of the primary
areas. The AI-powered personal assistant Siri can help users with a range of tasks, including
setting reminders, sending messages, and placing phone calls. Additionally capable of
comprehending natural language requests, Siri can converse with users.
Apple has added AI to additional features besides Siri, such speech and image recognition.
The business, for instance, utilises AI in both its Face ID face recognition technology and its
photographs app to help customers organise and search their photographs.
The Neural Engine is intended to carry out AI tasks swiftly and effectively compared to the
phone's primary processor.
The company has established itself as a prominent participant in the development of AI
technologies as a
resApple has also made progress in the creation of AI hardware, including the Neural Engine,
a specialised AI engine built into its most recent iPhone models.
The Neural Engine is intended to function faster and more effectively than the phone's primar
y processor at AI-related tasks. With its Neural Engine, a specialised AI processor built into
its most recent iPhone models, Apple has also made progress in the development of AI
hardware. The Neural Engine is intended to carry out AI tasks swiftly and effectively
compared to the phone's primary processor.
Overall, Apple's investment in AI has established the business as a key participant in the
development of AI technologies. As a result, Apple's continuous innovation in this field is
anticipated to have a substantial impact on the development of technology in the future.
The Neural Engine is intended to carry out AI tasks swiftly and effectively compared to the
phone's primary processor.
The company has established itself as a prominent participant in the development of AI
technologies as a
resApple has also made progress in the creation of AI hardware, including the Neural Engine,
a specialised AI engine built into its most recent iPhone models.
The Neural Engine is intended to function faster and more effectively than the phone's primar
y processor at AI-related tasks.The term "Apple AI" refers to the artificial intelligence
systems and programmes created by Apple Inc. to improve the functionality of its goods and
services. Apple AI is incorporated into a number of products, including Siri, Maps, Photos,
Apple Watches, iPads, Macs, and Apple TVs.
In order to provide people with personalised experiences, increase the accuracy of its
services, and improve the security and privacy of its products, Apple AI uses machine
learning, natural language processing, computer vision, and other AI techniques.
Apple has also released frameworks such as Core ML and Create ML, which allow
developers to build machine learning models for Apple devices and apps. Additionally, Apple
is committed to protecting user privacy and has implemented various measures to ensure that
user data is kept secure and private.
Apple has been investing in artificial intelligence (AI) and machine learning (ML)
technologies for several years now. AI is integrated into many of Apple's products, such as
Siri, facial recognition features in the Photos app, and predictive text in the keyboard.
Apple has also developed several AI/ML frameworks, such as Core ML and Create ML, that
allow developers to easily integrate machine learning into their own apps. These frameworks
are designed to be user-friendly and efficient, making it easier for developers to create
powerful AI-powered applications.
METHODOLOGY
The Neural Engine is intended to carry out AI tasks swiftly and effectively compared to the
phone's primary processor.
The company has established itself as a prominent participant in the development of AI
technologies as a
resApple has also made progress in the creation of AI hardware, including the Neural Engine,
a specialised AI engine built into its most recent iPhone models.
The Neural Engine is intended to function faster and more effectively than the phone's primar
y processor at AI-related tasks. Apple employs AI in its commercial operations in a variety of
ways. The most notable techniques are listed below:
1. Predictive analytics: Apple analyses enormous volumes of data using AI to forecast future
trends, product demand, and consumer behaviour. These information can help the business
make wiser choices regarding marketing, production, and inventory control.
2. Natural Language Processing: To enhance its customer service, Apple employs natural
language processing (NLP). NLP is used by Apple's virtual assistant, Siri, to comprehend user
orders and enquiries. The Apple Watch and Home Pod are two more items made by Apple
that incorporate this technology.
The Neural Engine is intended to carry out AI tasks swiftly and effectively compared to the
phone's primary processor.The company has established itself as a prominent participant in
the development of AI technologies as a
resApple has also made progress in the creation of AI hardware, including the Neural Engine,
a specialised AI engine built into its most recent iPhone models.
The Neural Engine is intended to function faster and more effectively than the phone's primar
y processor at AI-related tasks.3. Image Recognition: Apple organises and tags photographs
in its photographs app using AI-powered image recognition technology. Users will find it
simpler to look for and locate particular photographs as a result.
4. Fraud Detection: Apple employs artificial intelligence to spot and stop fraud on its
platforms. With the use of this technology, huge amounts of data may be analysed to spot
trends that point to fraud.
5. Individualization: Apple employs AI to tailor its marketing campaigns. The corporation
may more effectively target certain audiences with its marketing messaging by using
customer data analysis.
In conclusion, AI has become a crucial tool for Apple's commercial operations, assisting the
corporation in making better decisions, enhancing customer service, and staying one step
ahead of the competition.
LITERATURE REVIEW
Business administration is only one of the numerous areas that artificial intelligence (AI) has
transformed. One of the top technological businesses, Apple, has embraced the use of AI in
many facets of its business. We will look at the various applications of AI in business
administration at Apple in this literature review.
Supply chain management is one of the main applications of AI at Apple. Apple employs AI
and machine learning algorithms to estimate demand and optimise inventory levels,
according to a McKinsey analysis, which reduces stock-outs and boosts sales (Ranasinghe et
al., 2019). The business has also put in place AI-powered quality control tools to spot product
flaws early and stop them from getting to clients.
Customer service is another area at Apple where AI is being deployed. Siri, the company's
virtual assistant, employs AI and NLP to assist clients with their questions and problems (Lau
et al., 2020). To comprehend consumer queries and give pertinent information and support,
the system uses voice recognition and machine learning algorithms.
At Apple, product development also makes use of AI. The business has created a machine
learning platform called Core ML that enables app and service developers to include AI
(Zhang et al., 2019). As a result, new, highly customised products have been developed,
including the Apple Watch, which tracks fitness and health data using artificial intelligence.
Apple has used analytics driven by AI in marketing to learn more about consumer behaviour
and preferences. The business makes use of these insights to tailor marketing strategies and
raise client retention (Zhang et al., 2019). This has increased Apple's client retention rates and
increased sales.
2. Lack of Human Touch: The empathy and human touch that customers and workers cherish
may not be present in AI-powered systems and processes. Reduced consumer satisfaction,
lower employee engagement, and possible reputational damage might result from this.
3. Cybersecurity Risks: AI-powered systems and procedures are susceptible to hacks, which
can compromise private information and result in severe monetary and brand harm.
4. Ethical topics: Using AI in business administration poses ethical questions about topics
including privacy, bias, and the effect on employment. For instance, AI systems might
reinforce and magnify preexisting biases, producing unfair results and sustaining
discrimination.
5. Cost: AI-powered systems and processes can be expensive to establish and maintain,
especially for small and medium-sized enterprises. This may restrict their capacity to use AI
for company management.
When applying AI in business administration, it is critical to take these flaws into account.
These risks can be reduced and successfully implemented AI in business administration
ensured through careful planning, monitoring, and continual development.
STRENGTH
There are several benefits to applying AI to corporate management, especially in the case of
Apple. The following are some advantages of AI in business administration:
1. Greater Efficiency: AI-powered systems and processes may automate monotonous and
time-consuming jobs, allowing businesses to work more effectively and save money. For
instance, Apple employs AI algorithms to optimise its supply chain, forecasting demand and
ensuring that the appropriate products are available at the right time in the right quantities.
2. Improved Customer Experience: AI systems can examine massive quantities of data to
offer customers personalised recommendations and encounters. For instance, Apple analyses
customer behaviour and preferences using predictive analytics, which aids the corporation in
creating specialised marketing plans and product recommendations.
3. Better Decision Making: AI systems can analyse massive volumes of complex data and
offer insights and suggestions to assist in making decisions. For instance, Apple analyses
consumer feedback and reviews using AI algorithms to pinpoint opportunities for product
innovation and development.
4. Competitive Advantage: Businesses like Apple can gain a competitive advantage by
utilising AI-powered systems and processes to increase productivity, improve customer
satisfaction, and spur innovation.
5. Scalability: To adapt to changing business needs and expectations, AI-powered systems
and processes can be scaled up and down fast and easily. As a result, businesses like Apple
can expand and quickly adjust to shifting market dynamics and client demands.
Apple has placed a lot of emphasis on the application of AI in corporate operations, utilising
AI-powered systems and processes to increase efficiency, improve customer experience, and
spur innovation. Apple has a generally favourable view on the use of AI in business
administration and is aware of the significant advantages that AI can have for its operations.
Apple has made significant investments in AI, bringing on top people and buying firms with
an AI focus to create new goods and services. The business analyses consumer data, forecasts
demand, streamlines its supply chain, and creates individualised customer experiences using
AI algorithms.
Additionally, Apple has put in place AI-powered tools and procedures to automate repetitive
operations so that staff members may concentrate on higher-level activity. For instance, the
business automates customer support with chatbots, responding to client questions quickly
and effectively.
Apple sees AI as a crucial driver of growth, innovation, and competitiveness in business
administration overall. The business can continue to improve operations, deliver excellent
client experiences, and foster innovation in its goods and services by utilising AI-powered
systems and processes.
THREATS
The application of AI in business administration poses a number of risks, especially for
Apple. The following are some risks posed by AI in business administration:
1. Cybersecurity: Companies like Apple are more susceptible to cyberattacks as a result of
their increased reliance on AI-powered systems and procedures. In order to steal intellectual
property, disrupt operations, or obtain unauthorised access to private information, hackers
may target AI algorithms and systems.
2. Prejudice and Bias: AI systems may exhibit the prejudices and biases of the people who
created and trained them. Discrimination against specific groups, such as minorities or
women, may come from this. This can result in legal action and harm Apple's reputation as a
brand.
3. Privacy Issues: AI-powered systems and processes have the potential to gather and analyse
significant volumes of data, which raises privacy issues. Apple might face legal repercussions
and reputational damage if it misuses or improperly handles client data.
4. Skills Gaps: There is a talent gap in AI, and there is fierce competition for qualified
individuals. This might make it more difficult for Apple to efficiently use AI-powered
systems and processes.
5. Social and Ethical Implications: The application of AI to company management poses
major social and ethical issues, particularly in the areas of employment and human rights. AI-
powered systems and procedures could result in job losses and social inequity if they replace
human labour.
For companies like Apple, the use of AI in business administration poses a number of risks,
including security, bias and discrimination, privacy problems, a lack of skilled workers, and
social and ethical repercussions. Businesses must address these issues head-on and put
precautions in place to lessen the hazards brought on by AI.
CONCLUSION
In conclusion, businesses like Apple have become more and more dependent on the usage of
AI in company management. The organisation has benefited greatly from the adoption of AI-
powered systems and procedures, including enhanced productivity, cost savings,
personalisation, and competitive advantage. Apple has made significant investments in the
creation of goods and services driven by AI because it recognises the potential of the
technology.
To avoid unfavourable outcomes, there are a number of dangers and vulnerabilities associated
with the application of AI in business administration that must be addressed. Cyberattack
risk, racism and discrimination, privacy issues, a lack of skilled workers, and social and
ethical ramifications are a few of these.
Overall, it is evident that using AI in business administration has both advantages and
disadvantages. While it offers businesses like Apple a lot of benefits, there are also big
hazards that need to be dealt with if AI is to be used safely and ethically. Companies like
Apple can effectively use AI to drive growth, innovation, and competitiveness while
safeguarding its stakeholders, employees, and consumers by putting in place the necessary
safeguards to limit these risks.
REFERENCE
https://machinelearning.apple.com/
https://doi.org/10.1016/j.techfore.2020.120429
https://www.forbes.com/sites/markshaw/2020/01/14/how-apple-is-using-
artificial-intelligence-to-transform-industries/?sh=53b80c26612c
https://doi.org/10.1016/j.jbusres.2020.11.029