{"id":201,"date":"2024-03-14T07:35:31","date_gmt":"2024-03-14T07:35:31","guid":{"rendered":"https:\/\/vbs.ves.ac.in\/blogs\/?p=201"},"modified":"2025-12-12T18:36:01","modified_gmt":"2025-12-12T18:36:01","slug":"the-new-era-of-business-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/vbs.ves.ac.in\/blogs\/the-new-era-of-business-artificial-intelligence\/","title":{"rendered":"The New Era of Business: Artificial Intelligence"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"201\" class=\"elementor elementor-201\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-50a1be66 e-flex e-con-boxed e-con e-parent\" data-id=\"50a1be66\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1a766497 sc_fly_static elementor-widget elementor-widget-text-editor\" data-id=\"1a766497\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<p><span style=\"font-weight: 400;\">The phrase \u201cNew Era of Business\u201d immediately instills one thought in my head: Artificial Intelligence. AI, its well-known shortened version, has taken the world by storm in all aspects of human life, especially in what humans do best: business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Business itself has been an integral component of human life and it now is simply one of the things we do best, but that might come to a halt as the creature named \u201cAI\u201d starts taking over.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">AI is a monster we created ourselves; too tired to think, we made a being that thinks for itself.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That monster now threatens to engulf the entire essence of human intervention in business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s take the manufacturing sector as an example. So much of the human labour has been cut down due to AI and robots performing the same work in a much more efficient manner. According to a 2019 survey by Deloitte, a whopping 93% of companies have adopted AI in their manufacturing procedures.<\/span><\/p>\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"935\" height=\"567\" class=\"wp-image-205\" src=\"https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-1.jpg\" alt=\"\" srcset=\"https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-1.jpg 935w, https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-1-300x182.jpg 300w, https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-1-768x466.jpg 768w\" sizes=\"(max-width: 935px) 100vw, 935px\" \/><\/figure>\n\n<p><span style=\"font-weight: 400;\">Fig. AI usage in various aspects of business in Asia-Pacific<\/span><\/p>\n\n<p><span style=\"font-weight: 400;\">AI has made its way into the support functions of a business too, with recruiters using AI to filter candidates and admin using AI to streamline their processes and data.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AI, in this new era, has negated the use of humans to even produce services altogether. Let\u2019s take music for example. A new trend of AI-generated music has taken the world of business by storm, making singers entirely redundant. Music in itself can now be made by a robot, something which was considered inherently human.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With various other services having been performed by AI, such as waiter at a restaurant, or delivery mail person being replaced by robots and drones, we truly see the rise of a new era altogether.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The aim of business is still to earn profits while serving society, but in this new day and age, it is being done in an entirely different manner. The question stands: which kind of product and service will the consumers accept readily? A one made by the human touch, or is the new and flashy AI, ready to deliver?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The opinion differs greatly, with employees and workers looking to AI to reduce their workload and streamline their processes while increasing efficiency and turnaround time, with about 61% agreeing so, while consumers look for the human factor in business, which has started to be negated by AI.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">While the debate goes on, let\u2019s conclude by talking about one of my greatest interests music. What makes music? Is it the combination of notes and rhythm, or the human factor and emotions attached to it? The music industry continues to go to war with the above facts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Just as in the picture below, with an additional hand guiding humans to perform their work, the new era of business has adopted AI as a helping tool to success.<\/span><\/p>\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"1024\" class=\"wp-image-206\" src=\"https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-2.jpg\" alt=\"\" srcset=\"https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-2.jpg 1024w, https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-2-300x300.jpg 300w, https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-2-150x150.jpg 150w, https:\/\/vbs.ves.ac.in\/blogs\/wp-content\/uploads\/2024\/03\/pgdm-2-768x768.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400;\">Yet, the question remains: just how long will this new era persist? Or will human arrogance and ego take over the robots that we created ourselves? Only time will tell.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Vivekanand Business School (VBS), the question isn\u2019t whether artificial intelligence will change business\u2014it\u2019s how students can be empowered to shape that change.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the rise of automation, predictive analytics, and AI-generated content across sectors like manufacturing, marketing, and even music, VBS ensures students aren\u2019t just learning about these trends\u2014they\u2019re actively engaging with them. The Vivekanand PGDM program offers industry-relevant specializations such as PGDM in Business Analytics, PGDM in Marketing, and PGDM in Banking &amp; Finance, where students explore how tools like AI, machine learning, and data science are transforming industries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Courses at VBS don\u2019t isolate technology from business thinking\u2014they bring them together. Through experiential learning, real-time simulations, and exposure to live industry projects, students build hands-on understanding of how AI is influencing business strategies, customer behaviour, and product innovation. More importantly, they\u2019re taught to think critically about the ethical and creative questions AI raises\u2014such as whether a human touch still matters in a world of automation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether it\u2019s creating AI-led marketing campaigns, decoding consumer data patterns, or evaluating the rise of robo-services, students are equipped with more than technical skills\u2014they develop judgment, adaptability, and vision, the real drivers of leadership in this new era of business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As one of the best PGDM colleges in Mumbai, VBS combines future-focused learning with human values. The goal isn\u2019t to replace humans with machines\u2014but to prepare humans to lead, collaborate with, and thrive alongside technology.<\/span><\/p>\n<p><b>Neelima Dubey<\/b><\/p>\n<p><span style=\"font-weight: 400;\">PGDM Batch 2022-2024<\/span><\/p>\n<p><b>Vivekanand Business School<\/b><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The phrase \u201cNew Era of Business\u201d immediately instills one thought in my head: Artificial Intelligence. AI, its well-known shortened version, has taken the world by storm in all aspects of human life, especially in what humans do best: business. Business itself has&hellip;<\/p>\n","protected":false},"author":2,"featured_media":202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-insights"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AI &amp; the New Era of Business \u2013 VBS<\/title>\n<meta name=\"description\" content=\"Explore the impact of Artificial Intelligence on the future of business, from manufacturing to music. 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