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Delving into the Potential of Artificial Intelligence

In Technology
July 06, 2023
potential of artificial intelligence

Artificial Intelligence (AI) has developed as a life-changing technology, rationalizing various industries and reshaping our everyday lives. It has become a captivating topic in recent years capturing the attention of researchers, businesses, and the general public. In simple words, Artificial Intelligence (AI) has the ability to convert human intelligence into machines that are programmed to think and act like humans.

  AI programming focuses on rational skills that include the following:

·       Creativity

·       Improvement

·       Information

·       Analysis

Applications of AI:

1.  Healthcare:

AI is making the health sector revolutionary by setting up various chatbots and virtual assistants which are available 24/7 for people to get medical information, set up appointments, and for other administrative purposes. AI is also revolutionizing this industry by amplifying diagnostics, customizing medicine and patient care.

There are AI-powered surgical robots who assist the surgeons during a surgical process and AI can also help to determine the dosage of medications based on the patient’s treatment.

2.  Finance:

AI is already making changes in the business landscape by providing insights and predictions based on data. AI helps businesses understand their customers better by analyzing customer feedback through virtual assistants and chatbots which are available 24/7 for customer interaction.

Without human intervention, AI-driven high-frequency trading platforms make millions of trades per day.

Banks are transforming their customer experience with the help of AI. There is frictionless 24/7 customer service provided by banks by using AI.

In the coming future, there will be no surprises about what will happen down the road.

3.  Transportation:

From self-driving cars to intelligent traffic management system, AI is transforming the transportation sector in ways we can never imagine.

Elon Musk’s Tesla is known for its self-driving car technology, enabling vehicles to navigate and operate without constant human effort.

4.  Education and Learning:

The adoption of technology in global education is transforming the way we teach and learn.

The top realms where AI is playing key a role in education include student-centered learning,  task computerization, tutoring, and education for students with diverse abilities.

In China, classrooms have robots that inspect students’ health and engagement levels.

Moreover, students also wear a uniform with chips that trace their locations in the schools.

Does AI also raise ethical questions?

As AI technologies are expanding more and more into our daily lives, it is important to address the ethical implications that arise from their adoption.

From Alexa to Siri, we’re using many different kinds of intelligence and with so much data being collected and processed every day, we are giving up on privacy to get the convenience of personalization so it’s crucial to consider the impact of AI on our private lives.

AI itself does not inherently breach data however there is a possibility that AI systems can be used to compromise data privacy and security.

There is also a possibility that AI technologies can lead to job displacement on a massive scale.

So considering the wider societal impact of AI, it is important that there should be a collaboration between researchers, policymakers, and industry professionals for minimizing risks and safeguarding human values.