Artificial Intelligence and Business Innovation

Abstract

Artificial intelligence technology has been developing for more than 60 years. The innovation of artificial intelligence has brought tremendous impact on business. This paper uses literature analysis method and combines with practice, adopts Osterwalder Alexander's point of view, puts forward nine paths of AI innovation promoting business innovation, that is, AI will promote the innovation of customer segments, customer relationships, value positions, channels, key resources, key activities, key partnerships, revenue streams and cost structure in the business model, and draws a conclusion that AI innovation promotes business innovation.