Real World Artificial Intelligence Applications in various sectors.
I definitely fall into the camp of thinking of AI as augmenting human capability and capacity.
– Satya Nadella, CEO of Microsoft
The term can also be applied to any machine that exhibits traits related to a person’s mind like learning and problem-solving. A lot of development has been made in the field of Artificial Intelligence and the progress can be seen.
AI is a dynamic tool used across industries for better decision making, increasing efficiency and eliminating repetitive work.
Here we have some of the Artificial Intelligence Applications in real world.
Artificial Intelligence Applications
1. Healthcare
One of the foremost deep-lying impacts which AI has created is within the Healthcare space.
A device, as common as a Fitbit or an iWatch, collects a lot of data like the sleep patterns of the individual, the calories burnt by him, heart rate and a lot more which can help with early detection, personalization, even disease diagnosis.
This device, when powered with AI can easily monitor and notify abnormal trends. This can even schedule a visit to the closest Doctor by itself and therefore, it’s also of great help to the doctors who can get help in making decisions and research with AI.
It has been used to predict ICU transfers, improve clinical workflows and even pinpoint a patient’s risk of hospital-acquired infections.
2. Automobile
At this stage where automobiles changing from an engine with a chassis around it to a software-controlled intelligent machine, the role of AI cannot be underestimated.
The goal of self-driving cars, during which Autopilot by Tesla has been the frontrunner, takes up data from all the Tesla’s running on the road and uses it in machine learning algorithms. The assessment of both chips is later matched by the system and followed if the input from both is the same.
AI are often witnesses working its magic through robots producing the initial nuts and bolts of a vehicle or in an autonomous car using machine learning and vision to securely make its way through traffic.
3. Banking and Finance
One of the early adopter of Artificial Intelligence is the Banking and Finance Industry.
From Chatbots offered by banks, for instance , SIA by depository financial institution of India, to intelligent robo-traders by Aidya and Nomura Securities for autonomous, high-frequency trading, the uses are innumerable.
Features like AI bots, digital payment advisers and biometric fraud detection mechanisms cause higher quality of services to a wider customer base.
The adoption of AI in banking is constant to rework companies within the industry, provide greater levels useful and more personalized experiences to their customers, reduce risks as well as increase opportunities involving financial engines of our modern economy.
4. Surveillance
AI has made it possible to develop face recognition Tools which may be used for surveillance and security purposes.
As a result, this empowers the systems to monitor the footage in real-time and can be a pathbreaking development in regards to public safety.
Manual monitoring of a CCTV camera requires constant human intervention so they’re prone to errors and fatigue. AI-based surveillance is automated and works 24/7, providing real-time insights.
According to a report by the Carnegie Endowment for International Peace, a minimum of 75 out of the 176 countries are using AI tools for surveillance purposes.
Across the country, 400 million CCTV cameras are already in situ , powered by AI technologies, primarily face recognition .
5. Social Media
All of us love Social Media, don’t we?
Social Media is not just a platform for networking and expressing oneself. It subconsciously shapes our choices, ideologies, and temperament.
All this due to the synthetic Intelligence tools which work silently within the background, showing us posts that we “might” like and advertising products that “might” be useful based on our search and browsing history.
For example, recently Instagram revealed how it’s been using AI to customize content for the Explore Tab.
This helps with social media advertising because of it’s unprecedented ability to run paid ads to platform users based on highly granular demographic and behavioral targeting.
Did you know, we also have AI tools that will actually write Facebook and Instagram ads for us. Another huge benefit of AI in social media is that it allows marketers to analyze and track every step that they take.
6. Entertainment
The show business , with the arrival of online streaming services like Netflix and Amazon Prime, relies heavily on the info collected by the users.
This helps with recommendations based upon the previously viewed content. This is done not only to deliver accurate suggestions but also to create content that would be liked by a majority of the viewers.
With new contents being created every minute , it is very difficult to classify them and making them easier to search.
AI tools analyze the contents of videos frame by frame and identify objects to feature appropriate tags. AI is additionally helping media companies to form strategic decisions.
7. Education
In the education sector also, there are a number of problems which will be solved by the implementation of AI .
A few of them being automated marking software, content retention techniques and suggesting improvements that are required.
This can help the teachers monitor not just the academic but also the psychological, mental and physical well being of the students but also their all-round development. This would also help in extending the reach of education to areas where quality educators can’t be present physically.
For Example, Case-based simulations offered by Harvard graduate school is one such use.
8. Space Exploration
AI systems are being developed to scale back the danger of human life that venture into the vast realms of the undiscovered and unraveled universe which is a very risky task that the astronauts need to take up.
As a result, unmanned space exploration missions just like the Mars Rover are possible due to the utilization of AI.
It has helped us discover numerous exoplanets, stars, galaxies, and more recently, two new planets in our very own system.
NASA is also working with AI applications for space exploration to automate image analysis and to develop autonomous spacecraft that would avoid space debris without human intervention, create communication networks more efficient and distortion-free by using an AI-based device.
9. Gaming
In the gaming industry also , computer game Systems powered by AI is ushering us into a replacement era of immersive experience in gaming.
AI is employed to get responsive, adaptive or intelligent behaviors primarily in non-player characters (NPCs) almost like human-like intelligence in video games. It serves to enhance the game-player experience instead of machine learning or deciding .
AI has also been playing a huge role in creating video games and making it more tailored to players’ preferences.
Matthew Guzdial from the University of Alberta and his team are working towards leveraging AI’s power to assist video gamers create the precise game that they need to play.
10. Robotics
With increasing developments within the field of AI, robots are becoming more efficient in performing tasks that earlier were too complex.
The idea of complete automation are often realized only with the assistance of AI, where the system can’t just perform the specified task but also monitor, inspect and improve them without any human intervention.
AI in robotics helps the robots to learn the processes and perform the tasks with complete autonomy, without any human intervention. This is because robots are designed to perform repetitive tasks with utmost precision and increased speed.
AI has been introducing flexibility and learning capabilities in previously rigid applications of robots. These benefits are expected to reinforce the market growth.
11. Agriculture
Artificial Intelligence is changing the way we do one among our most primitive and basic professions which is farming.
The use of AI in agriculture are often attributed to agriculture robots, predictive analysis, and crop and soil monitoring.
In addition, drones are also used for spraying insecticides and detecting weed formation in large farms. This is getting to help firms like Blue River Technologies, better manage the farms.
AI has also enhanced crop production and improved real-time monitoring, harvesting, processing and marketing.
12. E-Commerce
This is one of the Artificial Intelligence Applications that’s found to be widely used.
Different departments of E-commerce including logistics, predicting demand, intelligent marketing, better personalization, use of chatbots, etc. are being disrupted by AI.
The E-Commerce industry, a prominent player being Amazon is one among the primary industries to embrace AI. This may experience a good use of AI with time.
E-commerce retailers are increasingly turning towards chatbots or digital assistants to supply 24×7 support to their online buyers. Built using AI technologies, chatbots are becoming more intuitive and are enabling a far better customer experience.
Summary
To conclude, we’ve seen AI Applications in various domains. There are a number of industries which are on the verge of transformation by AI .
Though this is often in no way an exhaustive list but probably the foremost plausible ones within the near future.
Let’s just wait and watch how AI would disrupt different industries. As a result, this may transform the character of labor and therefore the workplace.