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Why Artificial Intelligence is Important and How It is beneficial


Why Artificial Intelligence is Important and How It is beneficial

Last updated: 05 May 2021

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What is Artificial Intelligence (AI)?

Artificial Intelligence (AI) is arguably the most transformative technology available to mankind today. Artificial Intelligence and Machine Learning have the potential to completely disrupt most industries and organisations, which means that everyone needs to understand the basics of this fast-evolving field and consider the implications on their career and business.

Artificial Intelligence is creating more impact than the invention of the personal computer and the spread of mobile phones. Rather than trying to embody machines with everything they need to know upfront, the artificial intelligence professionals help the machines to learn from the observations happening around. The artificial intelligence machines are influencing nearly every facet of our daily lives to help improve efficiencies and augment our human capabilities. AI is so intertwined in all that it's hard to imagine life without it.

Artificial Intelligence influence in our daily lives

Many everyday influences of AI are altering the way our lives look. If someone travelled through the time and arrived in 2019, they would marvel at the way we use our smartphones to navigate around town. They will be wonderstruck to know about our virtual assistants like Alexa, Google Assistant, Cortona, Siri and many more respond to our queries. 

We have been so involved in interacting with AI machines that we constantly talk to them through our social media presence. The AI systems know our personality better than us. No doubt that artificial intelligence is an integral part of our daily lives. Today many businesses across the globe are figuring out ways to use artificial intelligence to their advantage. From fraud detection to writing news stories with natural language processing and reviewing law briefs.

Importance of Artificial Intelligence

Artificial intelligence is gaining a lot of importance in recent days. With the development of new technologies and softwares based on AI, many businesses are shifting towards accepting the AI systems in their businesses. 

Some of them are mentioned below

  1. Artificial Intelligence Influence in Business: As business leaders and innovators race to reach the promise of artificial intelligence to deliver a competitive advantage as well as cost and time savings. The technology is altering the industries from finance to manufacturing with products, process and capabilities. The AI allows companies to design, produce and deliver products and services more than ever before.

  2. Artificial Intelligence for Life Saving: Artificial intelligence is improving lives in some cases; it will save lives. There are many companies including tech companies that are investing in and researching ways that artificial intelligence can help improve our healthcare systems. From figuring out personalised drug protocols to better diagnostic tools and even robots to assist in surgeries, AI is altering our healthcare system from its processes to the care that these organisations provide.

  3. AI for Entertainment: The AI systems have been deployed to enhance our lives as well. Experiments with AI to compose original compositions from books to music, develop recipes based on what’s currently in the cupboard and even to create works of art are extending the influence of AI on our lives. The AI powers recommendation engines of Netflix, Amazon, Spotify etc help streamline our decision-making process when we are looking for the next show to watch or a song to listen to.

  4. AI in Sports: The AI systems played a crucial role in sports especially in cricket. The AI systems were used to review the umpire’s decisions, AI systems were used in various parameters and calculations like speed of ball, swing speed of bar, calculate the runs scored by the batsman and team. The AI was used to create an artificial stadium environment. The covid pandemic had put restrictions on the stadium spectators, but the AI systems created an artificial environment of crowd cheering, stadium sounds and many more. The AI systems were used to create a virtual sports experience for all.

  5. AI in Healthcare: The AI systems are acting as saviours in the tough pandemic situations. The AI systems are used in large numbers for contact tracing and identifying the covid positive victims. AI systems are used to provide instant results of the tests for corona positive.  In some countries AI systems are used to identify the stocks of vaccines and medicines in different hospitals and health care centres and it has been replenished within a few hours.

Conclusion

AI is the future of technology. Within a few years AI will be largely integrated into different companies across the world. AI makes the tasks of humans simple and we can see a future world where humans and AI machines coexist with each other. AI becomes an important tool of technology in the future world.

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