HARNESSING THE POWER OF ARTIFICIAL INTELLIGENCE TO IMPROVE MANAGEMENT INFORMATION SYSTEMS

Artificial Intelligence (AI) and its applications have gained immense popularity in the recent months, especially due to the popularity of ChatGPT. This systematic review paper examines the potential of Artificial Intelligence to improve the functioning and effectiveness of Management Information Systems (MIS). The paper reviews current literature and research on the use of AI in MIS and its potential to improve performance, accuracy, and decision making. It examines the challenges associated with the implementation of AI in MIS, such as the need for well-defined algorithms, the ability to integrate with existing systems, and the potential for introducing bias. Additionally, the paper considers the implications of AI on data security and privacy, as well as its potential to reduce costs and increase efficiency. The paper concludes by discussing how AI can be used to create and sustain competitive advantages in the MIS space. The paper provides an overview of the potential benefits and challenges of using AI in MIS, and the potential for AI to revolutionize the way businesses use and manage their information systems.