While scientists and academics feverishly endeavor to mainstream Artificial Intelligence, this innovative technology is already permeating our daily lives and numerous industry sectors.
From voice-activated personal assistants like Alexa and Siri to self-driving cars, AI is becoming a major player. Apple, Facebook, Google, and Microsoft are among the tech titans investing heavily in AI’s long-term development potential. According to a Markets and Markets estimate, the AI market is predicted to reach $190 billion by 2025. In addition, more companies, including those offering managed IT support, want to improve their ROI by enhancing AI’s capabilities.
In this blog article, we will list some of the current AI applications.
Chatbots
AI-enabled chatbots are becoming essential in sales and support. Chatbots are a new means of communicating with businesses and the world. Previous chatbots had a limited number of inputs and couldn’t process inquiries outside of those limits. As a result, the customer’s communication experience is rushed.
However, a subset of AI and its technology is improving chatbots’ general functioning and intelligence. Algorithms for AI-powered machine learning and natural language processing can learn and replicate human conversation. In addition, it can help chatbots in applications ranging from digital commerce and banking to sales, research, and brand building.
AI-powered chatbots can automate time-consuming manual operations, eliminating human error, decreasing staff expenses, and enhancing service quality.
New Entertainment
A number of films featuring Artificial Intelligence have been produced. This technology is beginning to be included in the media and entertainment industries. From computer games to movies, AI is improving capabilities and contributing to the entertainment industry’s growth.
AI, machine learning, deep learning, and cognitive computing give valuable insights and solutions across the media and its sub-columns. Advertising, marketing, search optimization, and personalization of the user experience are major use cases of AI in media and entertainment.
Immersive visual experiences are another common AI use. Virtual and augmented reality are hot right now. Virtual reality (VR) content for games, reality shows, live events, and other entertainment is rapidly gaining popularity.
Saving Lives
Artificial intelligence has several uses in healthcare, from analytics, to distribution, to consumer health. Today’s AI applications include fitness trackers, virtual personal health assistants, and health apps. It is achieving success in the health care market by enhancing machine learning, deep learning, and natural language processing.
The AI-powered “Korti” system helps emergency medical dispatchers make life-saving decisions. It uses cognitive technologies to detect cardiac arrests outside the hospital rapidly.
The ability of AI to quickly handle large amounts of data, such as pathology data, can help speed up the diagnostic and treatment process. AI’s high skill and precision can help discover the deeper pattern, which is important in deciding the patient’s treatment strategy.
Medical AI startup Lunit is introducing INSIGHT for mammography to help detect breast cancer. The business has algorithms to detect malignant tissues in the lungs and breasts. By combining clinical, radiologic, and genetic data, advanced AI systems can improve dermatology, radiology, and pathology diagnosis and prognosis.
Saving the Earth
AI now tackles complex environmental concerns like climate change, water scarcity, pollution, and species extinction. By altering existing industries and processes, AI can mitigate the damage to biodiversity.
The ability of AI to collect and analyze data and extract samples can help solve numerous environmental issues. An AI-powered floating garbage truck is on another level, literally! This self-driving truck will clean up the oceans and safeguard marine life.
Autonomous Vehicles
AI has long been a hot topic in the automobile sector. Every automaker is seeking to use a fraction of its technology to develop Artificial Intelligence and new autonomous vehicle models. Self-driving autos are an example.
Tesla was one of the first brands to introduce an AI-driven autonomous vehicle. Autonomous technology in production cars was soon adopted by Audi, Cadillac, and Volvo. Self-driving cars save energy, money, reduce emissions, and help the environment. Human error is the major cause of global accidents, while autonomous vehicles eliminate human error and boost safety.
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