globalEDGE Blog - By Tag: artificial-intelligence

Fast food is no longer just about cheap meals and convenience; it is becoming one of the fastest adopters of AI in the restaurant industry. From smarter drive-thrus to automated inventory management and predictive maintenance, significant chains like Taco Bell, KFC, McDonald’s, and Chick-fil-A are investing heavily in AI to deliver faster service, improve accuracy, and boost efficiency behind the scenes.

Businesses worldwide are handling trade differently due to trade finance technology. It speeds up processes, reduces paperwork, and saves businesses money. By 2025, nations like China and the United Kingdom are setting the standard for leveraging new technology to make trade easier.

DeepSeek, a Chinese artificial intelligence startup, has shocked Silicon Valley and the global stock market with the launch of its latest AI model. The company’s AI assistant quickly rose to the top of Apple’s App Store, surpassing United States competitors like ChatGPT in just a few days.

Artificial Intelligence has become a household term over the past year. Over this time, consumption of AI, off all levels, has risen. ChatGPT, the most well-known AI chatbot, has reached 100 million daily users, which will likely continue to grow.

As more and more small business owners venture into different industries, there is no denying that there are risk factors associated with starting a business. This can vary from the state of the economy to the latest trends in demand for the business to succeed. Nevertheless, there has been an increase in the number of small business owners within the U.S., reaching over 430,000 new businesses per month in 2024, a 50% increase compared to 2019. Kicking off the new year of 2025, various considerations and influences need to be considered for current and future entrepreneurs worldwide.

Humans have nurtured and cared for their loyal companions—our pets for millennia. Over time, the bond between people and their animals has deepened, with many now considering pets as integral family members. However, pet ownership also comes with various responsibilities, including proper maintenance and care. As we enter an era marked by rapid advancements in technology and knowledge, the landscape of pet care is poised for transformative change.

Healthcare is a realm where even the smallest decision can impact a person’s life or death. In recent years, the intersection of artificial intelligence (AI) and healthcare has been innovating quickly, transforming various aspects of the medical field. In terms of electronic health records (EHRs), integrating AI is one of the most significant advancements.

While cultural intelligence has been a notable skill in today’s diverse business world, emotional intelligence is a new buzzword, making its mark. Emotional intelligence is about understanding and managing our emotions and those of others. This shift has occurred, as emotional intelligence is more crucial in the business world than ever, especially with the rise of artificial intelligence.

We have heard of artificial intelligence from all over the world, and it has been used in various industries. But there are mixed reviews when it comes to the area of music. Many artists have come forward to discuss their opinions on the use of AI in creating music and how it could affect the state of the industry. This can also be an opportunity for companies to further innovate their technologies for efficient and innovative creation, such as their songwriting tools and synthesizers. Whether you are for or against the movement, the important thing is the balance and the measures taken regarding copyright and the way AI is used. 

As the medical industry continues to advance each year, experts are seeing significant success in collaborations with Artificial Intelligence; the combination of these two markets is helping many patients get their diagnoses faster and efficiently.

Recent examinations have shown that AI has allowed radiologists to decrease 50% of their workloads. Also, instances of false positives given to patients have lessened. This new advanced system may eventually save millions of lives, specifically as experiments continue to measure how AI takes on cancer. 

The global economy has been significantly impacted by artificial intelligence, and Japan, with its long history of technological innovation, is well-positioned to significantly impact the AI landscape. Japan is building its own AI innovations like ChatGPT that are anticipated to change a range of sectors, from manufacturing to healthcare, significantly influence the country's economic future.

Artificial Intelligence (AI) is a rapidly growing field revolutionizing businesses’ operations. From automating repetitive tasks to predicting customer behavior, AI transforms how companies do business.

Since being introduced to the public on November 30th of 2022, ChatGPT has taken over the world by storm. It is an AI chatbot designed and created by OpenAI, an AI research and deployment company. ChatGPT is a natural language processing tool driven by AI technology that allows for users to have human-like conversations, conduct research, answer questions, and assist with tasks. But, the question being asked is what are the applications of the newfound AI technology?

ChatGPT: Have you heard of it? If not, you may be in the minority of readers, as this new technology is sweeping headlines and business meetings. And now, it may have disrupted the tech industry entirely, with some companies feeling a little more nervous than others.

A mega-city featuring flying cars, high-speed rail instead of roads, robot maids, a giant artificial moon, and a resort with multimillion-dollar palaces is the vision of the Saudi Arabian crown prince and prime minister, Muhammed Bin Salman (MBS). The project, called Neom, hopes to gain $500 billion in investment with the ambitious goal of constructing a 106-mile-long carbon-neutral city with walls over 1,600 feet stretching from the Red Sea into the desert. Neom was announced back in 2017 and was originally planned to be completed by 2025, but due to the pandemic, only the first phase of the project is projected to be completed by this time. If this sounds unrealistic, MBS himself has admitted that he would be satisfied if only half of his ambitious Neom plan is completed. Half of all planned construction is an optimistic estimate as Neom has stalled due to numerous challenges. The kingdom’s sovereign-wealth fund and finance ministry have already spent $1 billion on initial infrastructure, planning, and consulting.  The country has contracted U.S.-based consulting firms from Boston Consulting Group, McKinsey & Co., and Oliver Wyman to aid with planning the project.

Facial recognition is becoming more and more common throughout several different industries. Whether it is companies using it for marketing, law enforcement using it to identify suspects, or tech companies to unlock devices easily, facial recognition is seen almost everywhere in our lives. Companies like Apple, Lowe’s, Albertsons, Macy’s, and Ace Hardware already use the technology, while places like Walgreens, McDonald’s, 7-Eleven, Best Buy, Kohl’s, Starbucks, and Ross are just a few among the ones that might use it in the future. It is not only seen in a variety of companies, but The Interpol Face Recognition System (IFRS) also has a database that spans more than 179 countries. The big question remains: should facial recognition be implemented in a war zone?

Last week, the European Union released a draft of strict regulations regarding the creation and use of artificial intelligence (AI). This 108-page document of rules and regulations aims to ban or restrict multiple “unacceptable” uses of AI, which the European Commission deems as any AI system that is considered a clear threat to the safety, livelihoods, and rights of people. This includes the use of AI in a range of activities like hiring decisions, bank lending, school enrollment selections, court decisions, and facial recognition in public places. Although the EU’s proposal faces a long road before it becomes law, as it must be approved by both the European Council and European Parliament, it has profound implications for big tech and national governments around the world.

In the continuously growing global market, two key factors have led to new competition in the technology industry: trade war, and artificial intelligence (AI). The Hanguang 800, Alibaba's first AI chip, has the potential to affect the global market as it continues expanding the possibilities of what the world may become through AI. This extremely advanced AI processor was not expected to be produced in China for at least another year; however, the trade war between the U.S. and China forged new competition in the technology industry, leading to increased innovation.

Whether you’re opening a new business, investing in stocks, or trying to keep up with the increasingly advanced and interconnected sectors; we have gathered information on five of the fastest growing industries.

This is the fifth post in a five-part blog series focused on future trends in business.

Advertising has evolved from traditional print, television, and radio ads to today's multi-channel mobile and online media campaigns. With more data being collected and analyzed than ever before, many aspects of advertising have become integrated and therefore more apt at addressing consumer needs. The future of advertising lies in the connectivity of our devices and in the data derived from our activity. This post will explore the effect these advancements have on consumers and highlight opportunities for businesses.

This is the first post in a five-part blog series focused on future trends in business. 

In this weeks blog series, we plan on outlining the future of international business by taking a look at the trends of automation, sustainability, marketing, big data, and blockchain. As the fourth industrial revolution transpires, we are to expect variation with how we interact with technological devices and with how these devices communicate with one another.

Technology is evolving rapidly in many realms of the world. Currently, the light is focused on the use of robots in warehouses. The autonomous mobile robotics (AMR) are emerging worldwide from numerous start-up firms. 

Currently, Amazon is the main company producing and using automatic robots. In 2012, Amazon bought Kiva Systems turning their AMRs into their own product and rebranding them as “Amazon Robots”. These robots are said to be the future of factory work. Also, Amazon has recently discontinued the sale of their robots to other competitors such as Walgreens, Staples and The Gap, leading to a scramble of other companies worldwide attempting to enter the field.