How to use AI to make better decisions?

AI is everywhere. It's in your phone, your car, and might be even at your doctor's office. But can AI help you make better decisions? Absolutely.

Main tasks that AI can help you with:

• Analysing large amounts of data: AI can analyse vast amounts of data much faster and more accurately than humans can. This can help you identify patterns and trends that you might not see on your own.
• Removing human bias: AI is not biased like humans are. It doesn't have any personal opinions or prejudices. This can help you make more objective decisions.
• Automating tasks: AI can automate many of the time-consuming and tedious tasks involved in decision-making. This frees up your time so you can focus on more important things.

Methods of using AI to make better decisions

There are many different ways to use AI to make better decisions. Here are a few examples:

• Predictive analytics: Predictive analytics uses historical data to predict future outcomes. For example, a company might use predictive analytics to predict customer churn or demand for a new product.
• Prescriptive analytics: Prescriptive analytics goes one step further than predictive analytics by recommending specific actions to take. For example, a company might use prescriptive analytics to recommend the best way to price a product or optimise its marketing campaigns.
• Machine learning: Machine learning is a type of AI that can learn from data without being explicitly programmed. This makes it ideal for tasks such as fraud detection and medical diagnosis.

Examples

Here are a few examples of how AI is being used to make better decisions in the real world:

• Netflix uses AI to recommend movies and TV shows to its users. The company's AI system takes into account a variety of factors, such as the user's viewing history, ratings, and demographics.
• Amazon uses AI to recommend products to its customers. The company's AI system takes into account the customer's purchase history, browsing behaviour, and other factors.
• Google Maps uses AI to predict traffic conditions and recommend the best route to take. The company's AI system takes into account real-time traffic data, historical traffic data, and other factors.

How to get started with AI-driven decision-making

If you're interested in using AI to make better decisions, there are a few things you can do to get started:

Identify your decision-making needs: What kinds of decisions do you need to make? What kind of data do you have available?

Choose the right AI tools: There are many different AI tools available. Look for the tools that are right for your needs and budget. It all comes down to the main ones:

1. ChatGPT and other chatbots (Claude , Google Bard ) are first responders to any of your needs. Many of them are already capable of internet browsing so you’ll be up-to-date for many topics.
2. Brainwashd is the tool that filters out the wrong information in the immense amount of data covered in news sources and other types of media. Very helpful to clear your mind and check everything

Get training: There are many resources available to help you learn how to use AI tools effectively, don't neglect them!

Start small: Don't try to use AI to solve all of your decision-making problems at once. Start with a small project and build from there.

AI can be a powerful tool for making better decisions. By following the tips above, you can start using AI to make your business and personal life better.