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.