作者
Nikhil Patel, Sandeep Trivedi
发表日期
2020/4/30
期刊
Empirical Quests for Management Essences
卷号
3
期号
3
页码范围
1-24
简介
AI, ML, and NLP are profoundly altering the way organizations work. With the increasing influx of data and the development of AI systems to understand it in order to solve business challenges, the excitement surrounding AI has grown. Massive datasets, computer capacity, improved algorithms, accessible algorithm libraries, and frameworks have compelled today's organizations to use AI to enhance their operations and profits. These technologies aid every kind of industry, from agriculture to finance. More specifically, AI and ML, and NLP are assisting organizations in areas such as customer service, predictive modeling, customer personalization, picture identification, sentiment analysis, offline and online document processing. The purpose of this study was twofold. We first review the several applications of AI in business and then empirically test whether these applications increase customer loyalty using the datasets of 910 firms around the world. The datasets include the integration scores of four different AI features, namely, AI-powered customer service, predictive modeling, ML-powered personalization, and natural language processing integration. The target is the customer loyalty measure as binary. All the features are measured on a 5-pint Likert scale. We applied six different supervised machine learning algorithms, namely, Logistic regression, KNN, SVM, Decision Tree, Random Forest, and Ada boost Classifiers. the performance of each algorithm was evaluated using confusion matrices and ROC curves. The Ada boost and logistic classifiers performed better with test accuracies of 0.639 and 0.631, respectively. The decision tree and …
引用总数
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