AI (Artificial Intelligence) has never been more relevant. It’s used by businesses and private individuals all around the world on a daily basis. The use of AI makes many people’s lives much, much easier. Not only can people generate marketing copy for their websites, but they can use AI to make accurate predictions about how stock markets are going to perform. This post will explore AI in more detail, telling you about how some industries are harnessing it to save themselves money and improve their companies’ efficiency and efficacy in what they do.
Table of Contents
1. Aviation Industry
Experts predict that the aviation industry will benefit tremendously from the use of AI. One of the main visions for artificial intelligence in aviation is self-piloted aircraft, which are fully automated and can eliminate the need for trained pilots. Companies who are able to invest in autonomous planes can save themselves lots of money. They will also be able to prevent delays caused by pilots being unable to make flights on time or getting sick. However, rigorous testing and development must be conducted first. Autonomous commercial flights that go awry could cause widespread disaster, not to mention the deaths of those onboard. Only when this technology has been perfected will airlines be able to comfortably use it. AI can also be used to forecast weather patterns and predict problems with the components of planes.
2. Healthcare
The healthcare industry has also made use of artificial intelligence in recent years (and will continue to do so). One area of healthcare that has benefited massively from AI is life science. Life scientists hope to use AI to come up with drugs and determine their suitability for the treatment of a variety of different health issues. AI is also used for more effective staff scheduling. Other uses of AI include making it easier for people to analyze X-ray images, as well as mammograms. Radiologists have extremely hard jobs, so AI is able to take a little of the weight off of their shoulders. It is also worth noting that AI is used at an administrative level in healthcare also, ensuring people’s appointments are more meticulously organized and arranged. In the future, it’s also believed that AI is going to be used for disease screening and diagnosis.
3. Military Testing
The way that the government uses AI is usually kept a secret. It’s unwise for them to let the general public (and foreign governments) know what technology they are using. However, what is known is that they have been using AI for warfare systems, combat simulation, target recognition, threat monitoring, and strategic decision making. AI is also used for cybersecurity and transportation. If autonomous vehicles are developed (other than drones), they will most likely also be used. Autonomous vehicles are a great option for militaries around the world, because they don’t have to risk human life to run. In terms of cybersecurity, governments all over are starting to be more concerned about it. Hostile nations are notorious for attacking our country’s cyber infrastructure, taking down internet providers, and hacking banks. Artificial intelligence can be used to fight back against such attempts, ensuring cyber infrastructure remains intact and uncompromised.
4. Professional Gambling
Gambling is something you can earn a lot of money from. If it’s something you are interested in, you will be pleased to learn that it is entirely possible to use artificial intelligence to improve your performance. There are a few ways that you can do this, but the most popular of these is to use algorithmic tools to predict the outcome of sports matches. Predicting the outcome of a sports match makes it easier for you to place a bet. Bear in mind that if you are going to use an algorithmic tool to help you bet, you may also want to enlist a handicapper’s support. A handicapper can give you insight into the likely outcomes of matches using their knowledge. Then, you can compare the information they have given you with the information you have managed to derive from an algorithmic tool. A handicapper’s advice will help you to make much better bets.
5. Law Enforcement
Distracted driving is one of the main causes of accidents in the United States. A pretty common cause of distracted driving is using smartphones. Smartphones consume people’s attention and prevent them from watching the road. Sometimes people watch videos while they are driving and other times they answer phone or video calls, devoting their attention to conversations instead of the road. Law enforcement agencies have been able to use artificial intelligence technology to detect drivers who’re using mobile phones when they are on the road. Another way they use artificial intelligence is to detect wanted individuals. Facial recognition software can alert police to the presence of a criminal who has evaded capture. The use of this technology has made apprehending wanted people much easier. Now, law enforcement agencies do not have to worry about dangerous criminals avoiding detection and living out in the open in spite of pending charges.
6. Trading and Finance
Finally, trading and financial institutions have been able to make use of artificial intelligence. They use it for simple administrative work and to predict future market trends. Much in the same way that algorithmic bots are used to predict the outcomes of sports matches, they can also be used by traders to improve the efficacy of their investments and ensure that markets are not going to change for the worse. They can do this because artificial intelligence is able to analyze vast quantities of data, quickly learning how markets have performed in the past. Knowing how they have performed in the past then makes it possible for algorithms to predict how they are going to perform in the future. Of course, these tools are not 100% accurate, and human intervention and oversight are also needed. If you plan on using these tools, always do your research about market performance yourself before relying on the suggestions made by AI.
Artificial intelligence is being used in a variety of different industries. If you are interested in making use of it or you just want to know how others are, hopefully, the points in this article have helped your research.
