Episode 79: Artificial intelligence has been one of the most talked about topics so far this year -- and with good reason. In just the past two months, there has been a flood of news stories talking about the amazing possibilities of this new technology, along with plenty of worries about what this all could mean.

In every facet of life, challenges keep coming, and overcoming them is all we have learned so far, and that's how AI is surprising every industry with its capabilities to enrich businesses. Now, automation and AI technology is the new technological advancement adopted by the telecom industry to solve challenges like network failures, improper resource utilization, managing bandwidth requirements, and issues related to customer support. According to a study, the global AI market in the telecom industry is expected to grow by $8.63 billion between 2022 and 2026, at a CAGR of 47.33 %. The telecommunications industry is experimenting and delivering new innovative concepts to businesses using artificial intelligence. AI capabilities are extracted for business use from collecting necessary data such as customer profiles, log behaviors, mobile devices, networks, service utilization, sales data, geo-location intelligence, and billing to assist customers better.

There is no denying that the current trend in business is implementing automation across the different sectors. It is beginning to impact all aspects of the business from eCommerce to the Human Resource (HR) department. A big part of automation is the use of artificial intelligence (AI) with the technology already showing up in many functions of HR. So how is artificial intelligence changing HR? The key thing to understand about the transformative power of artificial intelligence is its ability to analyze large data sets. This can help in decision-making in a wide variety of ways.

You may have assumed that Artificial intelligence (AI) will replace humans in the healthcare sector down the line based on the headlines you have come across so far. There is no doubt that AI has contributed to its significant impact across every industry from the creation of a robot featuring communication skills like humans to grow more food with scarce resources, and healthcare is no exception. Trends suggest that medical practitioners will collaborate with AI to deliver more personalized care to patients; now, they can find their lives partly in the hands of machines working alongside doctors. AI has tremendous benefits for the healthcare sector; in fact, it is a miracle, but it is still struggling to grow from its infancy stage. The overall adoption of AI is low though machine-learning tools have become more sophisticated, and their use cases have expanded. The core strength of AI is not only whittling down the cost and quickly diagnosing life-threatening diseases, but also providing treatments for quick recuperation.