Social distance does not always come naturally to people. A year ago, it was a term used in social sciences literature; now, it has become a concern that makes everyone feel awkward.
Artificial intelligence penetrated all aspects of our lives, such as smart virtual assistants, chatbots, smart home devices, self-driving cars, drones, and other intelligent systems.
The first time the concept of data privacy has been defined in modern times was in 1890 when US lawyer Samuel Warren and US Supreme Court Justice Louis Brandais published their work on the "right to privacy" in Harvard Law Review.
In the last decade, artificial intelligence moved from an obscure sci-fi theme to a crucial element of business life. With the deep learning processes gaining traction, the performance of AI algorithms significantly improved. Now, leaders of digital transformation argue that 2020 can be the year that AI-as-a-service models take off.
Technological progress within the area of AI has led to increased interest among a wide range of businesses and this paper focuses on the benefits of implementing AI into business models.