APPLICATIONS OF AI
The function and popularity of Artificial Intelligence are soaring by the day. AI is the ability of a system or
a program to think and learn from the experience. AI applications have significantly evolved over the
past few years and has found its applications in almost every business sector. Such as:
*AI in E-commerce: Different departments of E-commerce including logistics, predicting demand,
intelligent marketing, better personalization, use of chatbots, etc. are being disrupted by AI.
*AI in data security: The role of AI in cyber security is to secure company assets and protect user data
identifying malware and has automated measures to counter these attacks.
*AI in health care: AI in healthcare is often used for classification, to evaluate a CT scan or
electrocardiogram or to identify high-risk patients for population health.
*AI in education: 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 wellbeing of the students
*AI in finance: Features like AI bots, digital payment advisers and biometric fraud detection
mechanisms cause higher quality of services to a wider customer base.
*AI in social media: 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.
*AI in automotive industry: 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.
*AI in robotics: With the help of AI, intelligent robots can be created which can perform tasks with their
own experiences without pre-programmed. Recently the intelligent Humanoid robot named as Erica and
Sophia has been developed which can talk and behave like humans.
*AI in agriculture: AI has also enhanced crop production and improved real-time monitoring, harvesting,
processing and marketing.
*AI in 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 in Entertainment: AI tools analyze the contents of videos frame by frame and identify objects to
feature appropriate tags. What can be the best example like Netflix & amazon.
*AI in space exploration: unmanned space exploration missions just like the Mars Rover are possible
due to the utilization of AI.
AI has various applications in today's society. It is becoming essential for today's time because it can
solve complex problems with an efficient way in multiple industries.
APPLICATIONS OF AI IN TODAYS BUSINESS
A lot of emerging businesses are seeing fast growth and success with proper strategies and plans.
Artificial Intelligence takes the biggest credit for that. As compared to earlier days, things have become
more convenient since we have machines doing most of our work, using AI.
Artificial intelligence in business management
Spam filters, smart email categorization, voice to text features, smart personal assistants, such as Siri,
Cortana and Google, sales and business forecasting security surveillance.
Artificial intelligence in e-commerce
Smart searches and relevance features, product recommendations and purchase predictions, fraud
detection and prevention for online transactions, dynamic price optimization
Artificial intelligence in marketing
Personalization of news feeds, pattern and image recognition, language recognition - to digest
unstructured data from customers and sales prospects ad targeting and optimized, real-time bidding
customer segmentation social semantics and sentiment analysis automated web design predictive
customer service.
Artificial intelligence in customer service
The replacement of humans with AI in customer service is another controversial example of artificial
intelligence in business. With the advent of chat-bots, customers can now interact with companies in
real-time.
Artificial intelligence in Natural language processing
Companies now use AI to generate automated business reports without human supervision and also
carry out sentiment analysis to understand people’s perception of their brand from various online
comments, tweets, etc.
Moreover, AI is using in other sectors like Accounting, Human Resources.
These are only some of the examples of AI uses in business. With the pace of development increasing,
there will likely be much more to come in the near future. As scientists are researching and learning, the
fields of Machine Learning, Deep Learning, Neural Networking etc. are advancing at a fast pace and
many software’s are being developed that takes care of all the attributes of any business.
