Applications Of Artificial Intelligence
Artificial Intelligence is gradually entering our homes, offices, workspaces, playgrounds, transports, and even predicting weather phenomena. Almost all global organizations today are leveraging the benefit of AI technology for specific interests. AI-based automated machines are now used across multiple verticals for complex tasks that need more precision.
Here are some of the major commercial uses of AI in real-world applications:
- In the Finance sector, Al algorithms are used to separate fraudulent and non-fraudulent activities by tracing user behavior for expenses, logins, or suspicious transactions. Several aspects of automation are also used in analyzing stock markets to give future trends and keep finances in check.
- In Customer Support, AI bots are now used to handle customer queries and answer frequently asked questions. These bots keep clients satisfied with instant replies while escalating the queries that need more attention to human interaction.
- In Cyber Security, Al and ML technologies combined algorithms can now predict the anomalies and detect threats to safeguard by learning from past threats and even notify the system for future warnings. Most organizations understand the value of their data and always update their Cybersecurity measures with the latest technology to avoid data breaches.
- In Virtual Assistants, AI is changing the face through voice recognition software such as Alexa, Siri, Google Voice, and Cortana to take commands directly from users. These virtual assistants are highly sophisticated to learn from user behavior and offer more personalization for the future.
- Especially in Automation, Google Driverless Cars and Tesla's Autopilot highlight AI's use in this modern age. The CEO of Tesla Motors, Elon Musk, has even gone on to say that automated vehicles will predict users' destination from their past behavior using AI.
- In the Manufacturing Sector, several aspects of assembling are already done by robotic hands in building complex systems such as electronic goods and automobiles.
- Robotics is one field that has emerged entirely from the use of AI. Industries around the world are continuously researching to enhance the activities performed by these automated machines. These robots can easily do normal tasks such as preparing and bringing coffee, preparing complex reports, electronic control appliances, etc.