artificial intelligence concept design with face 1017 18296
artificial intelligence concept design with face 1017 18296

How AI is transforming our lives

Applications of AI in Human Life
Applications of AI in Human Life

Artificial Intelligence (AI) is fascinating. The demand for Artificial Intelligence (AI) in the global market is flourishing as it involves diversity in technologies and rapidly evolving tools. AI is even found applications in combating the COVID19 pandemic. Let’s see how AI is transforming our lives with next-gen applications.

How AI has changed our lives?

In this article, you will get insights into the evolution of AI, why, and what of AI and its applications in the next-generation technologies. The rise of technology in the past few years is outstanding and to be precise AI is the reason behind the tremendous growth of technology.

Things have remarkably changed around us from using huge data storage to cloud computing, from tedious manual work to automated machines and so on. The involvement of AI in our connected industries has increased.

How AI is transforming our lives 13

What is Artificial Intelligence?

It is nothing but the simulation of human intelligence. AI uses the machine learning skills to mimic like a human. The computerized simulations work based on program algorithms. So, in a nutshell, AI created machines that behave like a human.

Applications of AI in our life

The adoption of AI in technologies brought more business and better customer satisfaction. Let’s see some modern technologies that use AI.

AI in Machine Learning

AI provides a unique ability to learn and adapt features. The machine can learn and perform the automatic task without being explicitly programmed.

AI in Deep Learning

Deep learning is nothing but the particular machine learning that uses neural networks for pattern recognition and classification. The machine works based on the recorded patterns.

AI in Biometrics

Biometrics has been known to everyone now. We all have our biometrics with the national agencies to identify individuals. Even this is used in almost every sector where personal identification is required.

AI in Speech Recognition

Speech recognition is another most interesting outcome of AI. Now a day’s computer system and mobile device developers used interactive voice recognition systems to bring more markets.

AI-Powered Chatbot

The AI-powered chatbot interacts with users through audios and text chat. Now at every other sector chatbot is used for serving customer inquiries. Niki.ai is a well-known tool used for bill payments and mobile recharges where used have to just interact with the chatbot. Chatbots are also used in banking, e-commerce, travel, and the IT industry.

AI in Robotics

A robotic operation like robotic machining, welding has decreases the chances of an accident. Now it is possible to perform dangerous drilling and welding operations even at the confined spaces.

AI is more than a miracle for the hazardous industries where bots can perform any dangerous task that man cannot do.

Major Applications areas of AI

AI in Industrial Automation

As per Accenture, the Industrial Internet of Things (IIOT) could contribute $10 trillion to the global economy by 2030.

Predictive maintenance and real-time monitoring will be the next key differentiator in automation industries.

This will help the industrialist in saving the cost of maintenance activities. The rise of IoT in manufacturing for generating plant operation details and real-time monitoring and control will also help in reducing costs related to operations and improving productivity.

AI in Education

The future of AI in the education field is bright. In the coming days, we may see something interesting where there will be a personal AI tutor for every student.

The AI bot will be intelligent enough to teach students and giving them more fun for learning.

The bots will use machine learning algorithms to learn new things and teach the same to the students. We will save a huge amount of man works using AI in the education sector.

AI in Healthcare

If there is something which is more fascinating about AI is its application in the healthcare domain. Machine learning makes better and faster diagnoses than human doctors.

In the healthcare domain, Artificial intelligence uses complex algorithms and software to find human cognition that generates medical data of the patient.

Using AI in healthcare patients can be cured of deadly diseases like cancer. Big giants like Google, Microsoft, IBM, and Intel have already have entered this domain.

AI in Marketing

Artificial Intelligence Marketing is altogether a different concept focusing on customer data and lead generation. Artificial Intelligence uses complex algorithms to gather customer data, research and process the data and find customer behavior.

Nowadays digital marketers are using data analytics tools powered by AI to bring more market and earn more profits.

Some of the other application areas of AI include finance, media & e-commerce, entertainment, transportation, and many more.

Wrapping up

According to a data analysis firm Tractica, the global AI software market is expected to grow approximately 154 percent. This is a huge advancement compared to 2018 levels. The forecast is to get the size of 14.7 billion U.S. dollars.

AI is powering every other technology to which humans are connected. The ultimate aim is to make life less sophisticated and more happening. Like AI, IoT is also helping us to improve our lives in various other ways like critical asset management among others.