Utilizing Artificial Intelligence for Business Activity to Ensure Safe and Effective Practices

Abstract

This work seeks to understand the transformative role of Artificial Intelligence in business practices to enhance safety and efficiency at operations. Using a mixed-method approach, the study integrates primary data collected from interviews and surveys with information gathered from scholarly articles and reports from industries. According to the research results, it has been possible to reduce equipment failures by 30%, hazard prediction accuracy attained is 85%, and safety compliance by AI monitoring systems by 20%. Operational efficiency reveals a 25% decrease in inefficiencies, an 18% reduction in energy consumption, and a 15% increase in customer satisfaction from AI-powered solutions. The study underscores the potential of AI in driving safer, effective, and ethical practices towards creating workable frameworks for sustainable business operations.