For the past few years, artificial intelligence (AI) has remained one of the most trending topics on social media platforms. In an increasingly tech-dependent world, we can’t help but marvel at AI’s profound and pervasive impact.
From the business industry to the world of entertainment, AI is slowly transforming the world for the better, pushing the boundaries of what previously seemed impossible.
If you’re a business owner or an up-and-coming entrepreneur, then you need to become more familiar with the different AI tools available to people today.
Even laypeople are using AI and machine-learning tools to make their lives easier. So, let’s discuss how AI is making the world a better place.
Contents
1. Boosting Business Productivity
More and more business organizations are using AI to manage big data more effectively. AI can also make your workforce more productive by taking over mundane tasks, personalizing your customer’s experience, and going through online reviews to determine which products are performing the best.
Thanks to data-based decision-making, business owners are watching their profits soar higher than ever. Giants like Google and Facebook use it to make sense of trillions of gigabytes of information. And that’s the purpose of creating AI, i.e., processing big data outcomes and insights in real-time.
Now, you might be wondering when was artificial intelligence created? Well, the term “AI” was coined by some scientists convening in Hanover, New Hampshire.
As a concept, AI was born centuries ago when philosophers and mathematicians contemplated creating machines capable of independent thought. Today, however, AI has accomplished things beyond its creators’ expectations.
2. Tackling Global Warming
It’s easy for AI to process huge amounts of data. That’s why climate experts are using AI-based tools to find ways to prevent global warming from destroying the planet.
Artificial intelligence helps them visualize the harmful impact of tsunamis and wildlife on residential communities, tracking weather patterns far more effectively.
A mind-blowing AI-empowered project involves creating a digital model (a.k.a. a simulation) of our whole planet and using Earth’s electronic twin to map out the effects of environmentalist policies.
AI can show us if we must tweak these policies a bit more or if they are ready to be implemented in a real-world scenario.
3. E-commerce Recommendations
There’s maybe no industry gaining as much profit from AI as e-commerce today. Artificial intelligence can help e-commerce platforms with personalized product recommendations by monitoring a consumer’s behavior online.
As a result, customers purchase more stuff, making that e-commerce platform more profitable. That’s exactly what Amazon started doing in the spring of 2023.
Using AI’s ability to track terabytes of data in an instant, Amazon can better comprehend its consumers’ preferences and shopping behaviors, making every customer’s homepage different. So, all of them see products they’re more likely to buy, boosting Amazon’s sales significantly.
4. Diagnosing Deadly Diseases
AI has revolutionized medical science as it can help doctors diagnose deadly ailments accurately. For instance, researchers have developed an algorithm to detect sepsis and reduce sepsis-related deaths by 20% in hospitals. Now, fewer patients pass away in hospitals because of undiagnosed sepsis.
Similarly, AI-empowered programs have detected diseases prevalent in plants and animals. Bacterial infections in olive trees are some of these maladies that can be eradicated soon with the help of AI.
Moreover, AI can better predict viruses that may turn into a pandemic in the future, decreasing the possibility of a COVID-like situation taking place.
5. Guiding Autonomous Vehicles
Tesla collaborated with AI to bring the self-driving car revolution all over the world. All autonomous vehicles use AI-based guidance systems for navigation and decision-making.
That’s how these things prevent accidents, make transportation more efficient, and provide mobility solutions to people with disabilities. Self-driving cars are expected to soon become the new normal, replacing human drivers.
These cars process data taken from different sensors and cameras. They learn how to drive around, avoid obstacles, and make important decisions with limited human intervention.
6. Natural Language Processing
AI makes it easier for businesses to interact with customers; chatbots have become mainstream now, and potentially every major business uses them to answer a customer’s question tirelessly. Chatbots can respond to repetitive questions and are always available to chat no matter the time.
The rise of ChatGPT just a year ago was another major anecdote to add to the already long history of AI’s conquests. AI-written scripts are being used in movies, and students are using this tech right now to translate documents. All of that is possible thanks to natural language processing (NLP).
In short, NLP enables computers to comprehend, interpret, and generate human language. And that is how artificial intelligence bolsters human-machine interaction and communication effectively.
7. Boosting Entertainment Platforms
The transformative effects of artificial intelligence are visible in the entertainment industry as well. AI is helping animators create more realistic animations for video games and TV shows.
And it’s not only rookie animators and independent cartoonists who are using these helpful tools; Pixar’s latest production, Elemental, made use of AI to overcome some difficult animations.
Similarly, streaming platforms, music services, and video games borrow AI’s assistance to make their content recommendations more personalized, motivating consumers to spend more time on these platforms. Spotify’s AI-powered recommendations are a shining example.
8. Fraud Detection
Lastly, let’s not forget how AI has made fraud detection a lot more effective, keeping our economy from crumbling under the pressure of cybercriminals.
We have chatbots and virtual assistants that help customers make well-informed investment decisions. Robo-advisors offer automated and cost-effective financial planning solutions, contributing to a prosperous economy.
Cybersecurity experts use AI to detect and respond to cyber threats in real time. They do that simply by identifying unusual patterns and detecting vulnerabilities faster than possible with old-fashioned methods.
Conclusion
In the end, we’ve seen that AI makes us more productive, efficient, and less prone to simple mistakes. It can perform both mundane and creative tasks faster than humanly possible, making waves across many industries ranging from healthcare to finance.
Many business owners are using AI tools today so they can manage human capital, boost customer experience, and make data-based business decisions.
