The digital sphere is raining technologies. The influence of artificial intelligence is taking center stage with every possible improvement. Technology is changing almost all industries including banking and finance, healthcare, automobile, telecommunication, manufacturing, defense and military, entertainment and media, education, etc. The sub-domains of Artificial Intelligence such as machine learning, natural language processing, data analytics, and image analytics are also rolling out profitable use cases in diverse sectors. Besides, artificial intelligence is serving the business purpose by leveraging end-to-end automation processes. Therefore, Analytics Insight has listed the top 50 business use cases of artificial intelligence in diverse sectors. Predictive analytics is a gift to healthcare. Sometimes, we come across patients who say they underwent an unnecessary surgery due to a lack of predictions on what was coming. Fortunately, artificial intelligence is changing the fate of such burdensome risks and avoidable surgeries.
The rapid adoption of AI technologies shows that they cater to the needs of businesses. Today, Artificial Intelligence and Machine Learning are seen as part of the everyday life of large organizations in various fields. The rapid pace of AI development – achievements in unmanned aerial vehicles, the ability to beat humans at chess and poker, automated customer service and analytical systems – shows that AI is a revolutionary technology designed to change the way people use devices and conduct business. The appearance of intelligent machines capable of solving difficult problems in a way that only humans could previously hasn't gone unnoticed. From the day of its invention until now, the AI technology has been evolving and improving.
In recent times the Artificial Intelligence (AI) is the breakthrough technology. We have started learning the ways to communicate with devices. We are successful in directing machines to perform certain tasks using their intelligence. Of late, machines are performing many smarter activities using cognitive intelligence in contrast to natural intelligence (NI) displayed by human and other animals. AI is being used in many sectors and it has opened the doors of implementation of AI in many other emerging sectors.
Artificial Intelligence is benefiting to various industries including healthcare, education and manufacturing. But what is Artificial intelligence (AI)? In Layman language, a simulator of human intelligence, which makes the decision after analyzing various data utilizing a collection of different intelligent technologies including machine and deep learning, analytics and computer vision. The fourth industrial revolution is employing AI to enhance its overall efficiency. The technology is not only helping to reduce manufacturing cost as well as it is improving productivity and quality. Manufacturing is a capital-intensive process, and once a plant is a set-up, replacing, removing or renovating is exorbitantly expensive. New machines improve performance; reduce redundancies, while improving overall quality metrics. AI is proving an alternative route to achieve all this and at extremely competitive price points. Instead of now replacing machines, manufacturers are adding AI/ML tools to pre-inspect raw materials identify defects, perform quality evaluations, and a lot more.
Me: "Alexa, tell me what will happen in 2020." Amazon AI: "Here's what I found on Wikipedia: The 2020 UEFA European Football Championship…[continues to read from Wikipedia]" Me: "Alexa, give me a prediction for 2020." Amazon AI: "The universe has not revealed the answer to me." Well, some slight improvement over last year's responses, when Alexa's answer to the first question was "Do you want to open'this day in history'?" As for the universe, it is an open book for the 120 senior executives featured here, all involved with AI, delivering 2020 predictions for a wide range of topics: Autonomous vehicles, deepfakes, small data, voice and natural language processing, human and augmented intelligence, bias and explainability, edge and IoT processing, and many promising applications of artificial intelligence and machine learning technologies and tools. And there will be even more 2020 AI predictions, in a second installment to be posted here later this month. "Vehicle AI is going to be ...