Monday, July 13, 2020

Impact of Artificial Intelligence

Impact of Artificial Intelligence


Future is now and the impact of AI is virtually everywhere. No major industry can survive without employing modern AI, or more specifically in technical terms without employing “Narrow AI”.

The application of machine learning models and deep learning algorithm using the data trained models with the objective of performance specified function falls under the purview of Narrow AI.

With the advent of robust IoT connectivity along with the proliferation of connected devices and ever-increasing computer processing power, data collection and analysis has become easier for machine-learning algorithms to operate and evolve.

Some of the organizations and business processes have already incorporated AI into their DNA, for example, TESLA, whereas others are gradually moving into the sphere of AI acceptance. However, it is undeniable that the impact of artificial intelligence is going to be very big in the coming days and cannot be ignored.

The major areas where AI has made an impact

Transportation: it will take another 10 years or more to affect the autonomous transportation process, however, it will become a reality that the autonomous cars will be seen on roads more frequently than the manually driven one.

In the manufacturing sector, AI-powered robots are seen to be working along with the humans in a limited range and capacity in the assembly and stalking lines. Predictive analytics and sensors are frequently used in the manufacturing units to keep the equipment running smoothly.

In the healthcare sector, AI has found its application in disease recognition and diagnosis. Speed up in the drug discovery and trial process in creating virtual nursing assistants, monitoring patient is possible due to the application of AI.

The application of Big Data Analytics is to create more personalization inpatient experience and service delivery.

The education sector is also impacted by the progress of AI with the digitization of textbooks. Early-stage virtual tutors and analysis of the emotions of students with the help of facial recognition and analysis software to tailor the delivery of classes according to the individual needs.

These are only the starting points of AI. 

With the ever-increasing advancement in the algorithm capacity, machine learning can handle intelligent software and the capability of AI is bound to increase leap and bound over the period of time and can deliver unimaginable results which we as humans are not even capable of comprehending as of now.

Major Tech Giants like Apple, Google, Amazon and Microsoft is spending billions of dollars in developing product and services in the Artificial Intelligence domain along with universities making specific related courses, Research and Development to explore the capability of artificial intelligence to deliver big results in the near future.

SMART SUBU

Author & Editor

Prof. (Dr) Subroto Chowdhury is a Data science and Technology Enthusiast, Independent Research Practitioner, Education Change Motivator, Ethical Investment Advisor and Analytics Consultant.Analytical Exposition interests him as an instrumentation process to make objective understanding of the complex Phenomenon and other decisions. He believes in making education more affordable, easy and pragmatic.

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