Artificial intelligence can perform many tasks similar to humans such as reasoning, learning, planning, and creativity by analyzing the data provided to it. And with the advancement in technology, the use of artificial intelligence is seen around us easily.
Modern technology has made machines more accurate in performing their tasks. Through AI these machines can now understand the data and learn from the information they have acquired which helps them to produce accurate results.
Artificial intelligence has shown remarkable growth in the past few years and artificial intelligence future is also great. In the present time, you can see AI in every business sector around us. This article will help you understand some of the practical applications of artificial intelligence in the real world.
Few Applications Of Artificial Intelligence
Below are 10 applications of artificial intelligence in our day-to-day life.
Artificial Intelligence In Lifestyle
Artificial intelligence has many applications in our day-to-day life, some of them are :
When it comes to driving in any environment and object detection to prevent accidents, manufacturers like Toyota, Audi, Volvo, and Tesla use machine learning to train computers to think and evolve like people.
The email that we regularly use features artificial intelligence (AI) that separates out spam emails and sends them to spam or trash folders, allowing us to see only the filtered material. Gmail, a well-known email service, has achieved a filtration capacity of roughly 99.9%.
Our favorite devices use facial recognition algorithms, including phones, laptops, and PCs, detect and identify users in order to grant safe access. Facial recognition is a popular Artificial Intelligence used outside of personal use, even in highly secure settings in many businesses.
The recommendation system used by many platforms we use every day, including e-commerce, entertainment websites, social networking, and video sharing platforms like YouTube, etc., collects user data and offer personalized recommendations to users to boost engagement. Almost all industries employ this artificial intelligence technology, which is highly widespread.
Artificial Intelligence In E-commerce
Artificial intelligence technology can create recommendation engines that allow you to engage with your customers more effectively. These suggestions are based on their browsing history, preferences, and interests. It aids in the improvement of your customer relationship and their loyalty to your brand.
Credit card fraud and fake reviews are two of the most serious issues that E-Commerce businesses face. AI can help reduce the likelihood of credit card fraud by taking into account usage patterns. Many customers would rather purchase a product or service based on customer reviews. AI can assist in detecting and dealing with fake reviews.
Virtual shopping assistants and chatbots help to improve the online shopping experience. Natural Language Processing is employed in order to make the conversation as human and personal as possible. Furthermore, these assistants can interact with your customers in real-time. Did you know that customer service on Amazon.com may soon be handled by chatbots?
Artificial Intelligence In Health
We can find numerous uses of artificial intelligence in the healthcare industry. Building advanced devices that can detect diseases and identify cancer cells uses AI applications. In order to ensure early diagnosis, AIcan assist in analyzing chronic illnesses with lab and other medical data. AI employs a combination of medical knowledge and historical data to find new medications.
Researchers are investigating how to utilize AI to analyze vast amounts of health data and find patterns that could result in new medical advancements and ways to enhance personalized diagnoses.
An AI algorithm for answering emergency calls, for instance, developed by researchers that promises to identify a cardiac arrest during the call faster and more frequently than medical dispatchers. Another example of artificial intelligence is the multi-lingual text and search services developed by EU-funded KConnect to assist consumers in finding the best medical information accessible.
Artificial Intelligence In Education
The education sector is the one that is most influenced by humans, but AI has also started to make progress there. Even in the field of education, this gradual adoption of AI has increased faculty productivity and allowed them to focus more on students than on administrative or office labor.
Some of these are :
Creating Smart Content
Artificial intelligence can digitalize information such as video lectures, conferences, and textbook guides. For pupils in various grades, we can customize learning content and use various interfaces, such as animations.
By producing and supplying audio and video summaries and comprehensive lesson plans, AI creates a rich learning experience.
Administrative Tasks Automated To Aid Educators
AI can assist educators with non-educational tasks like managing enrollment, courses, and HR-related matters, as well as task-related responsibilities like facilitating and automating personalized messages to students, back-office duties like grading paperwork, planning and facilitating parent and guardian interactions, and routine issue feedback facilitation.
AI can create hyper-personalization strategies that can carefully monitor students’ data using AI technology. It can also create habits, lesson plans, reminders, study aids, flashcards, frequency of review, etc.
Artificial Intelligence In Navigation
According to MIT research, GPS technology can give consumers precise, timely, and in-depth information to increase safety. The system makes life easier for users by automatically determining the number of lanes and road types behind impediments on the roadways by combining Graph Neural Network and Convolutional Neural Network. Uber and several logistics firms significantly depend on AI to enhance operational effectiveness, assess traffic, and plan routes.
Artificial Intelligence In Finance
According to research, 80% of banks are aware of the advantages AI may offer. The very advanced technology provided by AI may considerably enhance a wide range of financial services, whether they are provided for personal, business, or consumer use. Customers seeking assistance with wealth management products, for instance, can simply obtain the information they require via online chat or SMS text messaging, both of which use AI-power.
Artificial intelligence can also see changes in transaction patterns and other potential fraud red flags that people could easily overlook, sparing both individuals and corporations from severe loss. AI can more accurately predict and evaluate loan risks in addition to fraud detection and task automation.
Artificial Intelligence In Marketing
Applications of Artificial Intelligence (AI) are widely used in the marketing industry.
With the use of behavioral analysis, pattern recognition, and other AI technologies, marketers are able to deliver highly targeted and personalized advertisements. Additionally, it aids in retargeting viewers at the appropriate time which assures greater results and lessens sentiments of annoyance and mistrust.
Artificial Intelligence can assist with content marketing in a way that reflects the tone and style of the brand. It can manage normal duties like campaign reports, performance, and many other things.
The language used by users is analyzed by chatbots using AI, NLP, NLG, and NLU. So that machines can then provide solutions in a similar manner as humans.
AI can adjust and optimize marketing efforts to meet the needs of a local market and offer users real-time personalizations depending on their activity.
Artificial Intelligence In Robotics
Other areas where applications of AI are frequently applied is Robotics. AI-powered robots employ real-time updates to detect obstructions in their path and instantaneously design their routes.
They are used for :
- transporting goods in warehouses, factories, and hospitals
- cleaning huge equipment and offices
- Inventory management