Technology has been on a surge for the past decade. With the advent of the internet and smart devices, we have seen multiple strides in the industry. One such peculiar and transformational development in recent years is in the field of AI and machines.
With the attempt at automating repetitive and mundane tasks, we have developed algorithms and computer programs that are far more complex and far more advanced than the starting years. Now, AI is widely applicable in almost every industry and has proven to be accurate, reliable, and fast. In this fast-paced world, data transmission and data analytics are on the rise. The speed of transmissions has taken multiple strides and is improving by the hour. What makes today’s technological advancements possible is the evolution in the machines and their intellectual capacities. Known as AI, we attempt at busting the myths and clearing the clouds of doubt on real applications of AI in real life.
The core elements that are machine learning, deep learning, natural language processors, and virtual neural networks make the tunes sing and help transform the world as we see and experience it today. AI has now taken over every industry and sector by storm. The market size of AI is projected to reach $266.92 billion by 2027 with a compound annual growth rate of 33.2%.
Applications of AI: making it real in real life:
The sky is the limit when considering the applications of AI. We have numerous scenarios where the power and technology of AI can be leveraged to enhance the present working processes, speed, and quality of the work and results. AI can be optimized in any given industry to perform a specific task with utmost accuracy and precision. With AI there is no element of fatigue, overworking, or out-of-scope tasks. AI models work and enhance themselves simultaneously with the world around them and improvement in the quality of data sets. The bigger and more diverse data available, the better the model can perform and deliver.
Let us have a look at some of the industries that have been transformed with AI:
Transforming the healthcare systems with AI:
In the field of medicine and healthcare, it is no doubt there is overwhelming data available for the models of AI to be trained upon. From radiology, screening, disease diagnosis to creating new drugs, maintaining health records, and even robot-assisted surgeries delivering unmatched precision and accuracy.
So, how can AI be incorporated seamlessly into healthcare systems without any hassles? Some of the wider applications of healthcare are shown below:
- Exclusively trained and developed for the robot-assisted surgeries that deliver unmatched accuracy and precision. It provides surgeons to perform delicate procedures and surgeries with ease. For example, Maastricht University Medical Center is now using AI to suture blood vessels which no thicker than 0.03 millimeters.
- Another important application could take the form of virtual nursing assistants. How many times have you googled your symptoms? They are rather scary and this misstep can be prevented with the introduction of virtual nurses. They manage and monitor the various parameters associated with the patient in real-time and thus preventing worsening of situations and suggesting to schedule appointments when necessary.
- Administration assistants are yet another viable option for the AI application. Doctors spend about 16 minutes per patient just to fill out EHR forms. But with AI, doctors can forget about the formalities and dedicate their complete time to the patient.
Some other critical applications include:
- Fraud detection
- Prescription error recognition
- Automated image diagnosis
- Cybersecurity
- Connected medical devices
- Identification of clinical trial participants
- Preliminary diagnosis and selection of optimal treatment strategies
This is just the beginning. AI can be applied from root grass to the very top of the topology. There is a multitude of benefits for the patients as well as hospitals when AI is being included in the current systems of administration and management.
For patients:
- There is more choice and convenience with 24x7 service
- Appointment scheduling becomes faster, easier, and patient-friendly
- Better access to the patient data that is updated in real-time
- Easier payment options
- Better safety
- Reduced risks with more data-oriented procedures
- Protocols that are fast and equipped with the latest tech
- Solutions and diagnosis on the go with a faster and detailed examination
- Better results with personalized treatments
For healthcare systems
- Reduced cost with fewer trials and error rates
- Improved patient engagement rate
- Better results
- Reduction in waiting periods
- Enhanced patient satisfaction
- A better shot at successful procedures
- Improved control over protocols
- Improved speed for development of new pharmaceutical drugs
- Better engagement and productivity
- Improved quality of care provided
Together AI in healthcare is estimated to reach a market size of $6.6 billion with an explosive CAGR of 40% by 2021.
Let’s change our focus a bit and move to another industry where AI has been booming.
AI for Businesses:
Becoming the talk of the town, AI has taken over the marketing strategies and campaigns for a multitude of industries that are in services. Making customer online experience personalized and user-centric has been the prime focus of marketers for years. AI has made it a piece of cake with powerful data analytics, pattern recognition, and suggesting strategies delivered all in real-time.
And one of the most impressive innovations of all time is the advent of chatbots available 24x7 for users online. Answering queries, giving out reliable, relevant information, and drastically improving customer service.
So, how do chatbots work?
The main aim of businesses around the world is to meaningfully engage with customers and employees, gain powerful insights from data analysis and automate business processes. These all can be tackled with one solution with implementing chatbots into online systems.
Chatbots pull together machine learning, natural language processing, and deep learning to provide the customer a conversational experience while replying to the queries. Chatbots streamline the conversation between people and the organization by offering solutions to queries 24x7. They employ natural language processors to comprehend the intent in the given query. Then, go about searching for the relevant and reliable solution in the content repositories that are updated in real-time. With every use of the chatbot, it learns how to perform better by learning from past experiences. They understand the repeated tasks from the data analysis and can completely automate the process.
One such example of chatbot automation is resetting the password. The user can provide the necessary credentials and reset the password without any real human intervention. This way the employees can focus their time and energy on solving problems rather than being distracted by trivial queries.
AI in Gaming:
Shifting our focus over to the entertainment sector, looking over the impact of AI in the industry of gaming. Creating a virtual and immersive experience for the gamers by creating virtual spaces and storylines that are entertaining and thrilling at the same time. Every game of today has an element of AI that is powering the gameplay.
For example, the enemy bot or the neutral characters used in the gameplay are handled by the AI. The main objective of using AI is to create a realistic gaming experience. With the right elements deployed such as virtual reality, augmented reality and mixed reality developers can now create frameworks that are strong and more user-friendly.
Therefore, some of the ways AI is transforming the gaming industry is as follows:
Making Games Smarter Than Ever: with artificial intelligence, developers can now track the gaming patterns of gamers. Hence, improve the level of difficulty to provide a better and more challenging gaming experience. This will improve the popularity of the game and hence its sophistication.
Making Games More Real: gamers worldwide are looking for something interesting, thrilling, suspenseful, and immersive. They want gaming that is engaging and with a well-built world and characters. This could be achieved by deploying virtual or augmented reality into the gaming scenario. Hence, gamers will engage with the game on a higher level.
Enhancing the Overall Gaming Experience: gamers should be entertained and left wanting to play more. AI helps in engaging the gamers more meaningfully and achieves the goal of an immersive experience.
Making Mobile Games Smarter with AI in Gaming: with half of the world playing games on their mobile phones, the developers must optimize their games to fit the working and systems of mobile phones. Since mobiles require different frameworks and dimensions the developers must use dynamic interfaces and platforms.
AI Automation for Automobiles
Keeping your business, entertainment, and healthcare systems in check lets get you moving smartly with the best in-house tools at your service.
Artificial intelligence is on the verge of a breakthrough with automobiles. With AI in the automobile industry is set to boom into $15,898.3 million by 2027 with an annual CAGR of 39.8%, AI is for sure going to change the facet of the automobile industry.
From manufacturing automobiles, assembling, testing to driving, AI has got it covered. Robots are working with humans to understand the dynamics of the automotive industry. The continuous stream of data incoming from the camera, sensors, radars, and radios is analyzed and decisions are taken on the spot for the driverless cars to work.
How is AI working behind the scenes? Here’s how
- AI helps in developing and assembling the exoskeleton of the cars
- During manufacturing of the cars, huge transportation is undertaken by the complex AI machinery
- AI gives the industry a productive boost, streamlining the manufacturing and designing process
- AI helps in reducing the manufacturing cost with low investment and higher returns
- It is safer and more energy-efficient
- Machine learning collects, analyzes, and transfers data to deliver decisions to be taken in real-time
- AI is not affected by the hostile environments that are otherwise dangerous for humans
Therefore, driverless cars are no longer Hollywood’s vision but a reality in progress.
Let’s get creative with AI:
Combing the various sectors of psychology, arts, cognitive behavior, and artificial intelligence creates a creative piece. This moonshot of AI combines all that is at stake. Though AI can now create pop ballads, write screenplays, create paintings similar to the greatest pieces of art it is no doubt that AI can’t reach there. One such prime example of artificial creativity is music.
Music contains various tones, undertones, beats, and frequencies that make the classification of the same difficult if not impossible. To classify the music, computer algorithms use deep learning and analytics to understand the pattern playing over the spectrometer. Such technology is used extensively by Apple Music, Spotify, or SoundCloud to classify the songs and create playlists for the listeners.
How personalized can the songs be created into the playlists or how accurately the songs are categorized directly results in the success of such platforms. And this technology can be easily created with the right technology from Queppelin. Instead of starting from scratch and developing models that require special teams, we at Queppelin deliver products that are already built to suit your needs. You can instantaneously sky-rocket your success without spending a fortune on the development of the product. On-time delivery with the best in quality and personalized products that are ready for use and boost.
AI is the Future: start right with the best
From the above analyzes and interpretation, it is no doubt that the working and development of AI is only going to go forward and leap forth. AI is the future. Become part of the future with the right strategies and technology by your side.
With Queppelin AI Development Services, personalize the AI models that fit your organization. Create exclusive models that are built just for you. With unmatched accuracy, precision, and on-time delivery become the leader of your industry.
Whether it is watching out for trends or leading the industry, nothing can go wrong with the right technology by your side. Start right with Queppelin and experience for yourself.
