When we talk about artificial intelligence, we usually speak as if it was a futuristic technology or as if it was sci-fi. However, AI has been in our world for quite a while. In fact, the term AI was coined in 1955. John McCarthy was the first one to talk about artificial intelligence. We’ve been dealing with artificial intelligence for a long time; yet, we would have never imagined the impact of AI in incumbent industries.
AI is taking over, and most industries are using this technology for their benefit. Artificial intelligence is the main ingredient of automation. Companies can automate their processes and make them more efficient. Today we’ll explore how artificial intelligence is making a significant impact in most industries.
Digital marketing leverages artificial intelligence to automate the customer service system. Instead of spending hours picking up calls and replying to emails, digital marketers can work on something more relevant such as creating strategies. Chatbots reply to users’ queries in a matter of seconds without human intervention. Therefore, users have an immediate response and digital marketers optimize their time.
AI also disrupts the financial industry. Today, the most accurate form of artificial intelligence in the financial sector is biometric payments. In the past, it was something that we could only dream of, but it is happening today. Biometric payments help the financial industry be safer and simpler.
Therefore, many banking companies are now implementing this trend; from eyeballs recognition to fingertips and even face recognition. Some companies have even used this AI application in their mobile apps. Companies like PayPal or Payoneer use fingertips recognition for mobile payments.
The automobile industry is also using AI. Autonomous cars are the future of our roads. These cars are expected to make roads safer and more efficient. Although they’re still in the early stages, experts predict they will be part of our lives very soon. Autonomous cars might also work with IoT along with traffic lights so they can detect any changes in the traffic lights. With the rapid development of autonomous vehicles, the role of human drivers is less relevant every day. Therefore, autonomous vehicles have the power to disrupt the logistics industry, as well.
If you look at today’s education system, you’ll notice that we use technology more than we think. Kids today depend on tablets and computers, and they even get an education through interactive boards. But how do teachers leverage artificial intelligence? Administrative tasks require a lot of time and effort. Therefore by using AI software, they can automate these tasks.
Things like assigning tasks or evaluating exams take a lot of time. By using machine learning-powered programs, teachers can assess and assign tasks more efficiently.
But we can expect more from artificial intelligence and education. In Elon Musk’s city of the future, he believes that studying will be as easy as downloading files to your brain. By that time, artificial superintelligence (when computers are smarter than us) will already be a thing.
The gaming industry uses artificial intelligence to create a more personalized experience. AI is used to create adaptive and responsive behaviors in non-player characters (NPCs). This way, players have a more human-like experience.
However, this isn’t the only implementation of AI in the gaming industry. Machine learning is now disrupting the animation industry, and the role of humans animators has been reduced. With machine learning animation software, animators only have to give instructions on how they’d like their characters to look. You may be thinking that these designs are not as realistic as the ones human animators generate, but you’d be wrong.
Artificial intelligence is a powerful tool that helps any industry automate its tasks. Therefore, it is no surprise to see that most companies use it for their benefit. However, it won’t stop there. Due to the rapid growth of artificial intelligence, we can expect to see more advanced tools powered by artificial intelligence.