The Positive Impact Of Technological Development And Artificial Intelligence Across Various Sectors

THE POSITIVE IMPACT OF TECHNOLOGICAL DEVELOPMENT AND ARTIFICIAL INTELLIGENCE ACROSS VARIOUS SECTORS¹

PART ONE

1. Introduction

In today’s business world, Artificial Intelligence (AI) has become an increasingly important technological tool. Recent advances in AI applications and technology advancement have contributed significantly to its growing popularity and adoption across different sectors. Therefore, the advancement of technology now enables computer systems and other machines to perform tasks that traditionally require human intelligence and participation.

The historical development of technological tools has progressed from the use of simple implements and flint tools adopted by early humans through the various unique innovations of ancient civilisations like the Sumerians, the Egyptians, the Chinese, the Greeks and the Romans. The Industrial Revolution of the 18^th and the 19^th century introduced mechanization that enabled the mass production of goods with automated