Assignment: White Paper on Artificial Intelligence
Competency
Analyze the use of technology to increase cognitive intelligence and knowledge in business.
Scenario
You are a manager in an investment company. Your company needs to find a way to react faster to market changes and demands. The current system requires "human research" which is often days or weeks behind market demands. By the time the company is aware of a change in the market, the time to react has passed. The company needs a faster way to react.
Upper management asks that you prepare a White Paper for management sharing with them how the system that now requires human interaction could be converted to use artificial intelligence technology. Discuss how you could change the system to use artificial intelligence. Be sure to support your recommendations with credible resources.
Instructions
Design a white paper which will discuss, examine, and support the use of artificial intelligence in the investment company. Your company management will not be familiar with this technology so be thorough in your descriptions of the technology.
In Microsoft Word, create the White Paper. The white paper should be 3 to 4 pages, must be problem-solution focused, and should accomplish these objectives:
1. Compares the pros and cons of using artificial intelligence in the investment company.
2. Examines how artificial intelligence would add to business intelligence in the investment company.
3. Explains with support how this change will affect the competitive advantage of the company.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.