Applications of Artificial Intelligence
Knowingly or unknowingly, we use AI technologies in many aspects of our daily lives. The most commonly used AI applications were:
Education
- Provides Personalized Learning content based on individual learning styles and pace. Also evaluates assignments and exams with natural language processing.
- Offers interactive learning and real-time feedback by using virtual tutoring.
Entertainment
- Most commonly used AI in entertainment field is content recommendation that powers platforms like Netflix, YouTube, and Spotify to recommend movies, videos, and songs.
- Also used in game development field to create intelligent non-playable characters (NPCs) and adaptive game environments.
- Enhances video production with AI-driven tools like deepfake technology.
Finance
- Used for Fraud Detection that helps to identify suspicious transactions by using anomaly detection models.
- Used for stock market analysis that helps to execute high-frequency trades based on real-time data and predictive analytics.
- AI evaluates creditworthiness for loans and insurance underwriting in risk assessment analysis.
- Chatbots and AI assistants handle banking queries and financial advice.
Healthcare
- In Medical Diagnosis, AI algorithms analyze medical images (X-rays, MRIs) to detect diseases like cancer, heart conditions, and neurological disorders.
- AI accelerates the development of new drugs by simulating molecular interactions.
- Tailors Personalized Medicine treatment plans based on a patient’s genetic makeup and health data.
- Chatbots and virtual assistants provide medical advice, appointment scheduling, and reminders.
Human Resource
- AI-powered tools rank candidates based on qualifications which is one of the application used for resume screening .
- Predicts attrition and recommends strategies to improve employee retention.
- Enhances productivity with data-driven insights in workplace.
Manufacturing
- Monitors machinery and predicts failures to minimize disruptions and also detect defects in products using computer vision.
- Used in supply chain optimization that helps us to enhances logistics and inventory management.
- AI-powered robots automate repetitive tasks and improve precision.
- Self-driving cars use AI to navigate roads, avoid obstacles, and make driving decisions. Potentially safer and more efficient transportation systems in the future.
Space Navigation
- Used in Navigation and Autonomous Systems which helps in controlling spacecraft and rovers with minimal human intervention.
- Data Analysis processes vast amounts of astronomical data to identify patterns and anomalies.
- Helps in mission planning to optimize trajectories and resources for space missions.
Social Media
- Useful in content moderation to filter out an inappropriate content using natural language processing and computer vision.
- AI-powered assistants like Siri, Alexa, and Google Assistant help with tasks like setting reminders, playing music, or answering questions.