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Artificial Intelligence and Its Ability to Create New Industries

TechInAfrica – The popularity of Artificial Intelligence (AI) is on the rise and expected to keep rising in the future. It was first invented and made public in the 1940s and become more advanced day by day. Robots and smart computers have gained more attraction ever since their ability to be as smart as a human being.

AI deployment in many organizations in many industries is proven to bring efficiency and revenue. It can cut costs, time, and more importantly, can be adopted in various industries including education, health, finance, transport, agriculture, amongst others.

Artificial Intelligence and Its Ability to Create New Industries
Artificial Intelligence and Its Ability to Create New Industries via unsplash.com

In the transportation industry, the deployment of AI is in the form of autonomous vehicles which can eliminate human errors and save thousands of lives. AI-enabled vehicles can analyze traffic and reduce travel times. Meanwhile, AI adoption in the aerospace is able to identify weather conditions and offer autopilot services.

AI—with its supercomputers—are enabled with the ability to learn while at the same time can also teach. In the future, it’s predicted that people will be able to utilize customized digital learning interfaces and virtual teachers for their education.

In the healthcare sector, the automation of some routine tasks in hospitals worldwide like CT scans, X-Ray scans, and data entry will be more time-saving. Moreover, utilizing autonomous surgical robots can perform complex operations. Additionally, through AI, virtual doctors seem to be possible in the future.

Artificial Intelligence and Its Ability to Create New Industries
Artificial Intelligence and Its Ability to Create New Industries via unsplash.com

In agriculture, robot harvesters are already invented and adopted all around the world. AI can also monitor crop and soil health more effectively.

Many people in the world now are already used to having a voice assistant to organize their schedules. Meanwhile, bank institutions can utilize AI as prevention to fraudulent activities while at the same time help to arrange client segmentation and credit decisions.

There are many other industries that have gradually adopted AI. The benefits of AI in these industries can increase effectivity and generate revenue. Moreover, it can also drive job creations which will further lead to national economic growth.

Source: jbklutse.com

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