Software as Oxygen for Artificial Intelligence to Enable Business Opportunities in the Marketplace: A Conceptual Study

This paper deals with the role and status of Software as an enableron using Artificial Intelligence in the lifecycle of emerging usiness opportunities in the marketplace. Currently, the business has identified revenue impetus in adopting Artificial Intelligence in the innovative Business Models in e-commerce platformscreated by technologies such as Bitcoin, Cryotpcurrency, Cyber Technology, Digital Solutions, Machine Learning tools like robots, drones, sensor machines have created new market mining in the high potential use of internet. However, there are certain concerns on its Maintenance, Security, Safety, Environmental impact and Legal implications. The use of Artificial Intelligence enabled bySoftware differs from sector to sector. For example, the tools used in Information Technology sector deals with data analytics and data mining on automatingbusiness-processing activities.Infrastructure sector deals with machine learning,building technologies, floating buildings, digital doors, CCTV, the automobile sector focus on riverless vehicles, the health sector to enable doctor assisteddigital surgeries, educational sector impartingdigitalknowledge. The significance of study under this Paperis to identify basic concepts involvedin use ofSoftware in the Artificial Intelligence and its impact on the business community in the 21st Century. To specifically focus on few selected initiatives and policy undertaken by Government of India for Digital Indiaand the economic rights of the stakeholders of Artificial Intelligence in the marketplace thereby exploring the economic wealth that can be attributable to Artificial Intelligence and its impact on economic developmen