This essay has been submitted by a student. This is not an example of the work written by professional essay writers.
Uncategorized

The Impact of AI

Pssst… we can write an original essay just for you.

Any subject. Any type of essay. We’ll even meet a 3-hour deadline.

GET YOUR PRICE

writers online

 

The Impact of AI

The use of AIs is unavoidable, especially in producing new medical products, mostly due to global competition. Stryker Corporation is one of the leading companies dealing with medical technologies such as implants; its success can be attributed to the incorporation of AI with the workflow.  The use of AI increases employees’ productivity through automating jobs. The AI links those jobs that are considered to be of low value. For example, AI gives a review of a product that has been developed. As a result, developers gain more skills to produce better products (Cockburn, Henderson, & Stern, 2018).

Due to the nature of the work that Stryker Corporation performs, it must use AI to develop tailored products to suit individual patients. One of the products that the company produces is hip replacement implants. These kinds of products are tailor-made to fit a particular patient; this kind of precision can only be made possible through an AI. Additionally, the early delivery of such products to the target market is essential to having a competitive edge over its competitors. It also has attributed to the corporation’s high sale with over ten billion dollars in sales in 2019 (Cockburn, Henderson, & Stern, 2018).

Stryker Corporation has been considered the best at what they do, which means the quality of their product defines the organization. AI applies predictive analysis; this is important in identifying if a particular product is defective. Products that leave the plant must undergo a series of inspections, which afterward they are certified to be defect-free. If a product undergoes the AI’s inspection test, the identified problem is resolved before the product is released into the market. The introduction of AI in the production process gives the manufacturer feedback; the information received is then used to improve the product (Fountaine, McCarthy & Saleh, 2019).

 

References

Cockburn, I. M., Henderson, R., & Stern, S. (2018). The impact of artificial intelligence on innovation (No. w24449). National bureau of economic research.

Fountaine, T., McCarthy, B., & Saleh, T. (2019). Building the AI-powered organization. Harvard Business Review, 97(4), 62-73.

 

 

  Remember! This is just a sample.

Save time and get your custom paper from our expert writers

 Get started in just 3 minutes
 Sit back relax and leave the writing to us
 Sources and citations are provided
 100% Plagiarism free
error: Content is protected !!
×
Hi, my name is Jenn 👋

In case you can’t find a sample example, our professional writers are ready to help you with writing your own paper. All you need to do is fill out a short form and submit an order

Check Out the Form
Need Help?
Dont be shy to ask