The book shows application potentials of artificial intelligence in various industries and presents application scenarios on how a practical implementation can take place. The starting point is the description of legal aspects, which includes a European regulation for artificial intelligence and addresses the question of the permissibility of automated decisions.  The description of various application potentials, mostly industry-related, and the presentation of some application scenarios form the focus of the topic volume.  The book is based on the question of how artificial intelligence can be used in entrepreneurial practice. It offers important information that is just as relevant for practitioners as for students and teachers.  This book is a translation of an original German edition. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.