Artificial intelligence (AI), the ability of a computer-controlled robot to perform tasks commonly associated with intelligent beings. The term is frequently applied to the project of developing systems endowed with the intellectual processes characteristic of humans.Since the development of the digital computer in the 1940s, it has been demonstrated that computers can be programmed to carry out very complex tasks.
Applications of artificial intelligence :
Artificial intelligence today is not just a theory. It in fact, has many practical applications. A 2016 Gartner research shows that by 2020,at least 30% of companies globally will use AI in atleast one fragment of their sales processes. We reached out to some industry experts to share their outlook on the applications of artificial intelligence that are
1.Artificial intelligence in helthcare :
In year ahead,particularaly in the next five to ten years,artificial intelligence is going to have a big impact on the helth care industry and the ways in which helthcare related companies utilize AI. AI presents opportunities for our application to take the data we have gathered from patients. it can be able to clinically innovatae to improve patients outcome to ever greater extent.AI improves reliability,predictability and consistency with quality and patient saftey.For us,AI as applied to software is used as adecision augmentation tool but it should not have free reign without human intraction and guidance. while it can’t replace doctors and nurses,it can make them more effective
It’s a well-established fact that google’s driverless car and tesla’s autopilot features have already paved their way towards the introduction of AI in automobiles. Wheather it’s self-parking,detecting collision,blind spot monitoring,voice recognition. IT’s act as an assistant to the owner and teaching different ways of a safe driving
3.HOME APPLIANCES :
All the smart devices and gadgets use AI. The technique is to learn the behavior and use pattern shown by the user. Then accordingly the starts behaving in a similar manner on its own without needing any instruction. The thermostat andsmart light feature utilize AI.
In today’s digital world,reading blog and articles has become a common practice for most of us. Hardly do we realize that some one of them actually written by machines. AI are used for writing in-depth articles. Companies like AP and Yahoo! are using AI to prepare simple reports to sports and elections that would take lot of time if done manually. well considering this trend, it won’t be wrong to say that soon we may witness the genration of fully automated writings and that too in different tones .
5.BANKING & FINANCE :
Owing to the increase in the amount of financial data, a lot of financial services have resorted to Artificial Intelligence. Robots are much quicker in analyzing market data to forecast change in stock trends and manage finances as compared to the human counterparts. They can even use algorithms to offer suggestions to the clients involving simple problems.