How MNC’s are emphasizing the increment Of Artificial Intelligence, making them top-notch companies of this generation.
Case study How MNC using AI.
What is AI?
Artificial intelligence is among the most significant technological developments in recent history.AI is an interdisciplinary science with multiple approaches, but advancements in machine learning and deep learning are creating a paradigm shift in virtually every sector of the tech industry. Artificial intelligence is moving forward, and whether we like it or not, machine learning will play an essential role in our technological future. The largest and best companies in the world already know this, and they are investing heavily in AI.
Machine Learning and Deep learning are the subset of Artificial Intelligence.
Types of AI
AI generally falls under two broad categories:
- Narrow AI: It referred to as “Weak AI,” this kind of artificial intelligence operates within a limited context and is a simulation of human intelligence. like siri , alexa etc.
- Artificial General Intelligence (AGI): AGI, It referred to as “Strong AI,” is the kind of artificial intelligence we see in the movies, like the robots from Westworld. AGI is a machine with general intelligence and, much like a human being, it can apply that intelligence to solve any problem.
How Companies Use Artificial Intelligence in making their business more profitable.
Machine Learning has proved to be a game-changer for many industries. ML techniques have plunged into almost all major industry verticals. No wonder, Machine Learning with its incredible potential has completely revolutionized the business space.
Artificial Intelligence in eCommerce:
Trade giant Amazon has invested in both the consumer-oriented side of AI and in applications for companies and their processes. Not only is Amazon in the artificial intelligence game with its digital voice assistant, Alexa, but artificial intelligence is also part of many aspects of its business.
AI is enabling shoppers to discover associated products whether it is size, color, shape, or even brand. The visual capabilities AI is improving every year. By first obtaining visual cues from the uploaded imagery, the software can successfully assist the customer in finding the product they desire. Many e-commerce retailers are already becoming more sophisticated with their AI capabilities, and I only expect this to grow in the future.
Artificial Intelligence in Social Sites:
One of the primary ways Facebook uses artificial intelligence and deep learning is to add structure to its unstructured data. They use DeepText, a text understanding engine, to automatically understand and interpret the content and emotional sentiment of the thousands of posts (in multiple languages) that its users publish every second. With DeepFace, the social media giant can automatically identify you in a photo that is shared on its platform. In fact, this technology is so good, it’s better at facial recognition than humans. The company also uses artificial intelligence to automatically catch and remove images that are posted on its site as revenge porn.
Artificial Intelligence in Health Care:
In the year ahead, and particularly in the next five to ten years, artificial intelligence is going to have a big impact on the healthcare industry and the ways in which healthcare-related companies utilize AI.
Here is a short note from Dr. Jeff Dunn, CEO of Redivus Health . Redivivus Health is a transformative mobile app used by healthcare providers to prevent medical errors by offering both clinical decision support during critical medical events as well as documenting those events electronically in real-time.
AI presents opportunities for our application to take the data we have gathered from patients and be able to clinically innovate to improve patient outcomes to an even greater extent. AI improves reliability, predictability, and consistency with quality and patient safety. For us, AI, as applied to software, is used as a decision augmentation tool, but it should not have free reign without human interaction and guidance. While it can’t replace doctors and nurses, it can make them more effective, efficient and happier on the job as it takes the cognitive burden off our providers — which increases confidence as well as reduces stress and anxiety.
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