AI-based risk mitigation strategy for enhanced business management in organisational sectors

One outstanding technology for reducing costs and increasing the effectiveness of corporate initiatives is artificial intelligence (AI). Because of this, managers face a very difficult challenge when identifying and managing risks, which causes a longer delay in the deployment of this technology. Therefore, it is more important than ever to align AI technology with business processes that have low risk. The key solutions for integrating AI technology with corporate strategies are proposed in this paper. To enhance the development of company management, the assessment of chatbot risks is done here using the criteria of connectedness, cognitive ability, and imperceptibility. Additionally, this work also looks into the crucial elements of AI solutions, including the input need, processing technique, and output decision.