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Artificial Intelligence

What Artificial Intelligence Is and How It Will Change Your Business in 2024

Gary Ortuño

Gary Ortuño

CTO - Solutions Architect

15 March 2024
9 min read
What Artificial Intelligence Is and How It Will Change Your Business in 2024

Artificial Intelligence: Beyond the Hype

Everyone talks about AI. But when I ask business owners what it is exactly, answers range from "robots that will take our jobs" to "what Netflix uses to recommend shows".

Both answers contain some truth, but neither tells the whole story.

As a software architect, I work with AI every day. Let me explain what it really is and why it should matter to you.

What Is Artificial Intelligence?

In simple terms: AI is software that can learn from data and make decisions without being explicitly programmed for every scenario.

A traditional program follows rules:

IF the customer owes more than $1000 AND is more than 30 days overdue
THEN send to collections

An AI system learns from patterns:

Based on thousands of previous cases, this customer has an 87%
probability of paying if we send a WhatsApp reminder
at 10am instead of an email.

The 3 Types of AI That Matter for Your Business

1. Predictive AI

What it does: Analyses historical data to predict future outcomes.

Business examples:

  • Predicting which customers will cancel (churn prediction)
  • Forecasting product demand
  • Identifying leads most likely to buy

Accessible tools: Google Cloud AutoML, Amazon Forecast

2. Generative AI

What it does: Creates new content (text, images, code, audio).

Business examples:

  • Writing sales emails
  • Generating social media images
  • Drafting contracts
  • Summarising long documents

Accessible tools: ChatGPT, Claude, Midjourney, DALL-E

3. Conversational AI

What it does: Understands and responds to natural language.

Business examples:

  • Customer service chatbots
  • Internal virtual assistants
  • Call transcription and summaries

Accessible tools: Dialogflow, Botpress, Intercom

Real AI Cases in SMEs

Case 1: Online Fashion Store

Problem: 200+ daily WhatsApp enquiries about sizes, availability and shipping. Solution: An AI chatbot that answers 80% of questions automatically. Result: The sales team gained 4 hours a day.

Case 2: Dental Clinic

Problem: Manual appointment reminders and a 20% no-show rate. Solution: An intelligent reminder system that identifies patients likely to miss appointments. Result: No-shows reduced to 8%.

Case 3: Wholesale Distributor

Problem: Salespeople did not know which products to offer each customer. Solution: Recommendation AI based on purchase history. Result: Average order value increased by 23%.

What AI Is NOT (Yet)

It is not magic

AI needs quality data. If your data is a mess, the results will be a mess.

It does not replace human judgement

AI is a tool. Important decisions still need human supervision.

It is not plug-and-play

Implementing AI requires preparation: clean data, clear processes and defined objectives.

How to Start Using AI in Your Business

Level 1: Individual Experimentation (Today)

  • Create a ChatGPT account
  • Use it for everyday tasks: emails, summaries, ideas
  • Explore what works and what does not

Level 2: Departmental Use (1–3 months)

  • Implement a basic FAQ chatbot
  • Use AI marketing tools for copy and images
  • Train your team in prompt engineering

Level 3: Operational Integration (6+ months)

  • Connect AI with your systems (CRM, ERP)
  • Implement intelligent automations
  • Develop custom solutions for specific problems

The Questions You Should Be Asking

  1. Which repetitive tasks take up most of my team's time? → Candidates for AI automation

  2. Which decisions do we make by intuition that could be based on data? → Candidates for predictive AI

  3. Where do my customers expect faster responses? → Candidates for conversational AI

  4. What content do we need to produce regularly? → Candidates for generative AI

The Real Cost of Inaction

While you read this, your competitors are experimenting. Some will fail, but others will find advantages that are difficult to match.

AI is not a passing trend. It is a fundamental change in how businesses operate.

"AI will not replace your job. But someone who uses AI could." — Adapted from a statement by Karim Lakhani, Harvard Business School

Conclusion

Artificial intelligence is no longer future technology. It is technology for the present, accessible to businesses of any size.

The first step does not require a large investment or deep technical knowledge. It requires curiosity and a willingness to experiment.


Want to explore how AI could be applied to your specific business? Let's talk.

Want to implement this in your business?

Book a free consultation and let us discuss your specific needs.

Book a Free Consultation

About the Author

Gary Ortuño
Gary Ortuño

CTO - Solutions Architect

Software architect specialising in cloud computing and artificial intelligence. Over 12 years designing scalable systems for businesses of all sizes.

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