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Waste Managment Challenges Arising from Broader Societal Crises COVID-19: The pandemic has led to an increase in medical waste, such as masks, gloves, and other
Waste Managment Challenges Arising from Broader Societal Crises COVID-19: The pandemic has led to an increase in medical waste, such as masks, gloves, and other PPE. AI can help manage this surge by improving sorting and disposal processes. However, the crisis has also strained budgets and resources, making it challenging to invest in new technologies. Ukraine Conflict: The war in Ukraine has disrupted supply chains and increased the cost of raw materials. AI can help mitigate these issues by optimizing resource use and finding alternative materials. However, the instability can also make it difficult to implement and maintain new AI systems. AI and Common Business Crises AI can influence and potentially mitigate various business crises across the five categories discussed in the lecture videos: Operational Crises: AI can predict equipment failures and optimize processes to prevent operational disruptions. For example, predictive maintenance can reduce the risk of machinery breakdowns. Financial Crises: AI can analyze financial data to identify potential risks and opportunities, helping businesses make more informed decisions. For instance, AI can detect fraudulent activities and improve credit risk assessment. Reputational Crises: AI can monitor social media and other online platforms to detect negative sentiment and potential PR issues early
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