Top 10 Artificial Intelligence Applications

When most people hear the word Artificial Intelligence, they immediately think of robots or a popular science fiction film such as The Terminator, which depicts AI's rise against humans. However, it isn't even close to the current state of AI. Artificial Intelligence is a discipline of computer science that aims to imbue human intelligence into machines or computers so that they can perform human-like functions and jobs. Artificial Intelligence (AI) is a breakthrough technology that has broadened the scope of technology and accelerated developments in this sector. It is concerned with human activities such as human thought processes, information processing, and data interpretation. 

Learning, reasoning, and perceiving are all goals of AI. AI, in conjunction with these goals, instructs computers to do human-like functions using techniques such as Deep Learning and Machine Learning. AI is everywhere in the modern digital era, from self-driving automobiles to the production of captcha text on website portals.The top 10 artificial intelligence applications will help you to learn more about AI.

When it comes to technical growth, Artificial Intelligence plays a huge role. AI has revolutionised several sectors with its sophisticated innovations and adaptable strategies, involving various fields and industries in the world of technology. Despite the criticism it has received over time, AI remains a topic of discussion among academics and scientists all over the world. Artificial intelligence has a long history dating back to the mid-nineteenth century. What began as a hypothetical circumstance has evolved into a real-life example that affects people's lives on a daily basis. While few people believe that machines will ever be able to govern how humans function.

Top 10 Real World Artificial Intelligence Applications are

1. Outer-space Exploration

2. Finance and Stock Market

3. Digital Media

4. Medical care Industry

5. Fitness Apps

6. Face recognition

7. Automated cars

8. Virtual Voice Auxiliaries

9. Robotics

10. Customer Service

Pros and Cons of Artificial Intelligence

Here's a quick rundown of the benefits and drawbacks of artificial intelligence that we should all be aware of.

Pros of AI

1. Potentially Massive - One of the most significant advantages of artificial intelligence is its enormous potential. AI is known for its cutting-edge technology, which engages numerous businesses and sectors through new approaches such as Machine Learning and Deep Learning.
2. Excellent all-around performance - Machines, unlike humans, do not require rest. Artificial intelligence allows computers to work indefinitely and around the clock, resulting in more efficient output. When compared to human abilities, AI's 24x7 work cycle is extremely favourable.
3. Results that are free of errors - Another advantage of AI is that it generates results that are error-free. Humans are prone to errors and mistakes when doing manual work, whereas machines with artificial intelligence are extremely efficient. This produces error-free results that would otherwise be a significant agony for people.

Cons of AI

1. Architecture Is Expensive - One of the disadvantages of artificial intelligence is that it necessitates costly infrastructure to function. Even though this is a one-time cost, AI can be a significant investment for many firms and people.
2. Unemployment in the Workforce - “Machines have taken the place of men, and materialism has taken the place of hard labour.” Since the introduction of machines, Artificial Intelligence has been the source of mass unemployment. While AI is likely to increase in the future, it will inevitably result in more human unemployment, which is a big disadvantage.
3. Patterns that aren't dynamic aren't present - Machines rely on data rather than intuition to function. Another disadvantage of AI is the lack of dynamic patterns, which suggests that robots are merely consistent in their task performance. Despite their ability to mimic human behaviour, machines still fall behind in terms of creativity.

The Four Types of AI

1. Machines that react

This type of AI is solely reactive, with no ability to develop "memories" or make judgments based on "previous experiences." These devices are made to carry out specific duties. Programmable coffeemakers and washing machines, for example, are built to fulfil specific functions but lack memory.

2. AI with a limited memory

This type of AI makes decisions based on prior experiences and current data. Because the machines have limited memory, they are unable to generate new concepts. They have a memory-running application built-in. Changes in these machines necessitate reprogramming. Limited memory AI is exemplified by self-driving automobiles.

3. Mind-Body Theory

These AI computers will be able to socialise and understand human emotions, as well as cognitively understand people based on their surroundings, facial traits, and other factors. Such powers have yet to be developed in machines. This sort of AI is the subject of a lot of research.

4. Self-Awareness

This is the way AI will develop in the future. These machines will be super-intelligent, sentient, and aware of their surroundings. They have the ability to react in a human-like manner, however, they are likely to have their own characteristics.

Top 10 Real World Artificial Intelligence Applications are listed below:

1. Outer-space Exploration:-

Artificial intelligence not only exists on earth but also exists in space! When it comes to the application of artificial intelligence, machines have travelled through space, allowing humans to explore space. Whether it is a Mars mission or an outer satellite device, artificial intelligence is constantly striding forward to space exploration. Some aspects involving the application of artificial intelligence to space exploration are mapping, satellite navigation, and location tracking technology.

2. Finance and Stock Market:-

Another list of artificial intelligence applications from the financial sector. With the help of artificial intelligence algorithms, machines can now interpret past stock market developments, analyze the profit and loss of related stocks, and even predict future stock market developments. 

AI has been a major contributor in the financial field recently. One of the financial companies, Nomura Group, has successfully implemented artificial intelligence technology. In addition, artificial intelligence is seeking ways to enter financial processes, such as payment transfers, e-commerce platforms, and many other areas.

3. Digital Media:-

The Internet is everywhere, and so is artificial intelligence! Another use of artificial intelligence is digital media, which can help social media platforms check fake news, understand foul words hidden in comments or captions, and promote brands online. From these aspects of digital media and artificial intelligence, virtual platforms have emerged, and their users seem to know too well. 

Have you ever wondered why when you look for a smartphone online, your Instagram will show you smartphone ads? Well, artificial intelligence is the answer. By interpreting data and analyzing the patterns hidden behind the user interface, artificial intelligence has adjusted our Google search engine, integrated various digital marketing tools, and provided us with exactly what we were looking for!

4. Medical care Industry:-

Medical care is a basic service for all citizens of the world. While doctors and scientists work hard from time to time to bring about a medical revolution, artificial intelligence does its part by making great contributions to the industry. The role of artificial intelligence in healthcare enables machines to interpret the patient’s medical history and predict possible diseases that individuals may be susceptible to in the next few years. 

In addition, artificial intelligence facilitates drug discovery and the development of drugs that can cure harmful and even fatal diseases. AI's impact on the industry is huge. IBM Watson Health is a medical company that actively integrates artificial intelligence into the healthcare industry. It assists in research, data analysis and provides clients with medical solutions.

5. Fitness Apps:-

Fitness is everything that people desire today. From the number of steps you walk in a day to the number of calories you burn, fitness plays a huge role in our lives. And artificial intelligence! Artificial intelligence has formed an alliance with fitness and has promoted the release of fitness equipment, such as fitness bracelets and watches, to help people recognize their health, enhance their physical fitness, and achieve goals. 

The role of artificial intelligence in this regard is to interpret the data that occurs every day and predict future data based on the data analyzed by the machine. One example is Fitbit, which trades with fitness bands powered by artificial intelligence.

6. Face recognition:-

Does your smartphone have facial recognition technology? If so, your smartphone is powered by AI. Are you thinking how is this possible? Well, applications of artificial intelligence include facial recognition, which focuses on learning and perceiving patterns to obtain fast and effective results. 

So when you insert a selfie and register for face recognition, your phone will learn a face recognition algorithm. Next time you log in to your phone without entering a password, your phone will be easily unlocked by your photo. In addition to smartphones, airports, offices, etc. Face recognition is also used for other security and privacy purposes.

7. Automated cars:-

Artificial intelligence is how self-driving cars work. Self-driving cars are a typical example of artificial intelligence applications, explaining the progress in this field and the automotive industry. Driverless vehicles have recently gained traction, and Tesla has emerged as the frontrunner, with its AI-powered autonomous cars easily navigating the streets. Tesla's AutoPilot feature, which is backed by self-predictive skills, sets it apart from other self-driving technology companies. One of the most important artificial intelligence applications is Tesla's self-driving system.

The idea of ​​self-driving cars with artificial intelligence algorithms is the future of the automotive industry. Large companies like Tesla are developing self-driving cars and are moving in this direction. Thanks to artificial intelligence, people no longer need to drive a car or hire a driver to do so. 

8. Virtual Voice Auxiliaries:-

"Hey Alexa, explain the 8th application of artificial intelligence." Have you ever wondered how Alexa can do what you tell her to do? The answer is simple artificial intelligence. The design of virtual voice assistant devices such as Siri or Alexa incorporates technologies such as artificial intelligence and deep learning. 

By enabling such voice assistants, artificial intelligence focuses on delivering human intelligence to these tools to help them perform human-like functions and tasks. Due to multiple modes and deep learning algorithms, such voice assistants have successfully followed human commands, making them a real example of artificial intelligence.

9. Robotics:-

As we all know, artificial intelligence is the driving force behind robotics. The use of artificial intelligence in robotics enables robots to appear in multiple industries such as finance, marketing, and healthcare. For years, robotics has been trying to integrate human intelligence into machines that can think and work like humans. A real example of this application is the Sophia robot. The robot Sophia is considered a "humanoid", a hybrid of humans and robots, with built-in functions of both.

10. Customer Service:-

Artificial intelligence also makes it easier to integrate machines into customer service. A computer designed to record feedback from various customers visiting major brand stores, shopping centres or showrooms. ML chatbot technology (bots that chat online with customers) is also one of the best AI applications to expand the scope of bots. By simulating the human behaviour and dialogue methods of marketers, chatbots interact with customers through online platforms. 

For example, the e-commerce platform Amazon integrated chatbots into its customer service department. This is where customers are tricked into chatting with bots who want to resolve issues or disagreements related to purchases, orders, etc.

Implementation of AI Examples

Predictions Powered by AI at Google - Google Maps (Maps) may measure the speed of traffic movement at any given time using anonymized location data from cell phones. User-reported traffic occurrences, such as construction and accidents, can be more easily incorporated into maps.

Flights on Commercial Airlines Make Use of AI Autopilot. - Commercial airline AI autopilots are a relatively early application of AI technology, dating back to 1914, depending on how loosely you define autopilot. According to the New York Times, a Boeing plane's average journey includes only seven minutes of human-steered flying, which is usually reserved primarily for takeoff and landing.

Email Categorization That Works - Gmail takes a similar method to categorize your emails into primary, social, and promotion inboxes, as well as flagging essential emails. Gmail learns every time you flag an email as important.

Voice-to-Text - Voice-to-text is now a standard function on cell phones. You can start speaking by pushing a button or stating a certain phrase (“Ok Google,” for example), and your phone will convert the audio to text.

For many AI researchers, creating a machine with human-level intelligence that can be applied to every endeavour is the Holy Grail. Although super-intelligent robots have long been the subject of dystopian science fiction, experts believe that this isn't anything to be concerned about anytime soon. In the last decade, AI and machine learning technologies have advanced at a breakneck pace. These technologies have established themselves as a must-have in a variety of industries, and they continue to grow in importance and demand new ones.

Figures and Facts about Artificial Intelligence

• The Global AI Market is predicted to generate a revenue of 118 billion dollars by 2025, according to Tractica, a market research organisation.
• According to Gartner, 37% of companies have deployed AI in some manner. Over the last four years, the number of businesses using AI has increased by 270 per cent.
• AI will fuel 95 per cent of customer interactions by 2025, according to Servion Global Solutions.
• According to Statista's latest estimate for 2020, the global AI software industry is predicted to increase by 54 per cent year over year, reaching a forecast value of 22.6 billion US dollars.

Conclusion

With its applications, Artificial Intelligence is transforming industries and assisting in the resolution of complicated problems. The preceding list is merely a small sample of artificial intelligence case studies available today. As more companies take steps in this direction and learn how to integrate artificial intelligence, the possibilities for the future will only rise. Artificial intelligence is already automating corporate processes and will continue to do so in the future. Artificial intelligence is a vast field with plenty of information to be discovered. Only AI professionals are capable of realising the technology's full potential.

Artificial intelligence is all around us, and it is playing an increasingly important part in our daily lives. AI is lurking in the background every time someone opens their Facebook newsfeed, performs a Google search, receives an Amazon purchase recommendation, or books a trip online.

It can be said that artificial intelligence is widespread in people's lives. The drastic changes in the 21st century have led to the development of artificial intelligence, which has further expanded the application of technology in many fields. AI enables machines to work in the manner of human intelligence, and computers have been trained to mimic human behaviour well. In the long run, this technology will try to map neural networks to make machines operate like a human brain (neuromorphic computing). 

All in all, artificial intelligence has many applications that make it useful to people in daily life. Although many scientists have warned humans about artificial intelligence, the future of artificial intelligence is very important to the development of technology.

AI is redefining how business processes are executed in various fields such as marketing, healthcare, and financial services. The company has been studying how to benefit from this technology. As efforts to improve existing processes continue to increase, it makes sense for professionals to gain expertise in the field of artificial intelligence. Top 10 Artificial Intelligence Applications, this article will help you to learn and grow in this industry without any hindrance.

The company conducts both Instructor-led Classroom training workshops and Instructor-led Live Online Training sessions for learners from across the United States and around the world.

We also provide Corporate Training for enterprise workforce development.

Professional Certification Training:

- PMP Certification Training

- CAPM Certification Training

Quality Management Training:

- Lean Six Sigma Yellow Belt (LSSYB) Certification Training Courses

- Lean Six Sigma Green Belt (LSSGB) Certification Training Courses

- Lean Six Sigma Black Belt (LSSBB) Certification Training Courses

Scrum Training:

- CSM (Certified ScrumMaster) Certification Training Courses

Agile Training:

- PMI-ACP (Agile Certified Professional) Certification Training Courses

DevOps Training:

- DevOps Certification Training Courses

Business Analysis Training by iCert Global:

- ECBA (Entry Certificate in Business Analysis) Certification Training Courses

- CCBA (Certificate of Capability in Business Analysis) Certification Training Courses

- CBAP (Certified Business Analysis Professional) Certification Training Courses

Connect with us:

- Follow us on Linkedin

- Like us on Facebook

- Follow us on Instagram 

- Follow us on Twitter  

- Follow us on Pinterest

- Subscribe to our YouTube Channel

Visit us at https://www.icertglobal.com/ for more information about our professional certification training courses or Call Now! on +1-713-287-1187 / +1-713-287-1214 or e-mail us at info {at} icertglobal {dot} com.

Please Contact Us for more information about our professional certification training courses to accelerate your career. Let us know your thoughts in the 'Comments' section below.