What is the main aim of artificial intelligence2019-11-12 11:47:37 1534 seen
The concepts of machine learning and AI aren’t completely foreign to us for they have been heavily explored by popular media. Also, there are lots of movies and random opinions which, sadly, negatively demonstrate the power of AI and machine learning, but let’s explore the most common aspects that are being impacted by AI and machine learning and see the advantages, before let us remind you that this image to html converter is another example of AI powered innovation, which helps you to build websites simpely uploading a screenshot or choosing one of its provided templates.
Banking and financial services
Imagine how many hours human employees of these institutions would have to invest to sift through the transactions that are performed every day? And how much effort and time it'd take to identify an anomaly? With the help of AI and machine learning, a huge number of banks and financial institutions have become able to review the quality of various applications and to analyze and predict risks, in an effort to make informed decisions. This "traditional industry" is implementing machine learning and AI to increase user engagement. High-end technologies like chatbots, predictive analysis, voice recognition and etc are helping reduce the gap between financial institutions and potential customers.
From being utilized for faster patient diagnosis to the prevention of illnesses – these technologies are being used on a regular basis by lots of healthcare service providers. These days, it’s possible to predict the potential health hazards a person may be susceptible to, depending on his/her genetic history, socio-economic status, age etc – which was simply unreal before the appearance of machine learning and AI.
These technologies have been contributory in lowering threats triggered by reckless driving by the deployment of sensory management and automation. AI and machine learning technologies are to be deployed soon to prevent traffic congestion on roads and for traffic management.
Ever wondered how e-commerces return at once with a collection of the most relevant items related to users search? Machine learning and AI are the technologies which make it real. AI and machine learning are deployed to not only avert fraudulent transactions but to lower the number of legitimate transactions that are declined because of being falsely marked as fraudulent.
These are just several Ways AI and machine learning are facilitating average people’s lives. Be more informed about new and future technologies and start enjoying the benefits given by science, it’s 21st century now!