Work / 24 SEPT 2021

What impact will artificial intelligence have on different sectors of society? 

BY WOLFINGER FABIO
News

In the digital age, the term artificial intelligence no longer needs to be explained to most people. For those unfamiliar with artificial intelligence, it is defined as the technology and science that makes machines intelligent with the help of self-learning computer programs. It is believed that a world that combines artificial and human intelligence would provide a better place to live. Many problems could be solved with a more complex approach. Today we will talk about the impact of artificial intelligence on different sectors and which areas of the economy, today already use artificial intelligence in their operations. Increasing performance and reducing error-proneness are core goals here.

Examples of the impact of artificial intelligence on various sectors

Healthcare sector

One of the main benefits of AI in healthcare is that it has improved services overall. For example, the use of AI in the radiology department helps diagnose life-threatening diseases early, which can save lives. AI can reduce doctor visits through online consultations and help with monthly medication refills, saving time and money for everyone involved. Overall, robotic process automation is a path to a more reliable future. Virtual assistance, real-world data, smart wearable aids (exoskeletons, bionics), and personalized apps are just some of the benefits of artificial intelligence in the medical field. Governments in various countries are investing heavily in artificial intelligence research in healthcare.

Financial industry

Finance is another important sector where artificial intelligence has been causing a stir for some time. A bot equipped with artificial intelligence can be geared towards analyzing and shedding light on chat conversations, personal preferences, buying behavior and much more. In this case, the bank can use the collected information in its next marketing campaigns and place content in a targeted manner. Another important application of artificial intelligence is fraud detection. The best example of this is credit card providers using AI-based intelligent decision technologies for fraud detection.

Travel

The travel industry is using artificial intelligence in the form of an intelligent chat bot on its website. With AI, guests are offered even more personalized services with an amazing response time. Depending on taste, budget, weather, season, and other preferences, AI helps guests make the appropriate purchase decision. In the coming years, AI is expected to take care of everything important even before the travel begins. Thus, the best and most affordable services will be offered, and the overall travel experience will be made more comfortable . With the help of AI, it will even be possible to experience a virtual tour of the chosen destination in advance, in order to get even more in the mood for the vacation you are planning.

Agriculture

Plowing and other manual farming practices will soon be a thing of the past as the agricultural industry embraces artificial intelligence. In many parts of the world, farmers are using drones and other advanced equipment to reduce pest infestations and maximize yields.

Automotive industry

Tesla's Autopilot is a good example of the use of artificial intelligence in the automotive industry today. The growing role of AI should by no means be underestimated. Many automakers around the world have recently opted to use robots in their production facilities to speed up work and protect human lives from dangerous working conditions. Today, industrial machines are used for the most part to manufacture a vehicle, and with the help of programs such as "computer vision", self-learning vehicles find their way through traffic.

Conclusion

In summary, artificial intelligence is used in various areas and will continue to spread. In addition to the industries mentioned above, there are of course many other areas where AI is also being applied. If you think AI can give you and your business an edge and help you rise above, it's time to let us introduce you to the best opportunities. A company with a lot of experience in this field will help you achieve the best result and find a suitable solution to meet new exciting challenges.