Foundations of AI
Alan Tang · 2025
This chapter is intended to help readers understand key concepts and the timeline of AI development, as well as the promise and benefits for businesses and society. This chapter also provides a comprehensive view of real-life AI use cases from business operations and industry perspectives. In addition, this chapter discusses common AI business models, ecosystem and adoption strategy, and implementation considerations. This chapter covers the following topics: AI Terminology and Brief History The Power and Promise of AI AI Use Cases for Business Operations AI for Industries AI Ecosystem and Adoption Strategy