Glossary: Generative AI and Its Impact to Everyday Business

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Term Explanation

accuracy The degree of correctness or precision in data, information, or predictions, which is crucial for reliable decision-making and analysis.

adoption Within the context of AI, refers to the process of integrating and using AI technologies or solutions within an organization or society to achieve specific goals or benefits.

agile A flexible and iterative approach to project management that prioritizes collaboration and adaptability to respond effectively to changes and customer needs.

AI See artificial intelligence.