Industries AI implementation can support and how
Artificial Intelligence (AI) allows humans to train machines to think well enough to execute tasks that require a form of human-like thought capacity. In a few short years, the application of AI has cut across multiple industries and its potential continues to expand.
The most obvious advantage of AI is that it allows more work to be done in less time, with less effort and lower costs.
But it can also have a deeper impact by allowing increased accessibility to people with disabilities. For example, an AI can help visually impaired folks move around more easily by directing them in real time.
See below for some use cases of AI in some industries
Customer relations
AI chatbots provide a cost-effective solution for communicating with clients. Chatbots can be trained to recognize and respond to visual, written, and verbal communication
Many businesses or organizations use chatbots to provide 24/7 customer support and facilitate customer acquisition.
Agriculture
With remote sensing, computer vision, and machine learning farmers can practice precision agriculture.
Using AI, farmers can analyze weather patterns to create planting schedules and prepare in advance for extreme weather events. AI can also help identify soil deficiencies.
E-commerce
All the large e-commerce companies are using AI to optimize their operations. Thankfully, the technology can be scaled down to work for smaller online retailers.
AI in e-commerce can predict trends by connecting to major search engines. It can also assist with inventory management and combat credit card fraud.
Education
AI can help schools automate repetitive or data-heavy tasks. That would allow teachers more time to focus on other high-value activities.
Creating and digitizing study guides, grading homework, results collation, etc can be handled by AI. Some schools have even advanced to using AI to teach.
Banking and Finance
Banks and other financial institutions have been leading the way when it comes to adopting AI.
They have used AI to automate and enhance customer support, debt collection, fraud detection, and loan decisions amongst many other things.
Health
Medical staff, especially nurses often have loads of paperwork to complete every day. It impedes their effectiveness.
With AI, hospitals optimize administration by organizing files, transcribing medical notes, and scheduling meetings. It can also help with non-emergency triage.
Hospitality
In the hospitality industry, one small mistake can ruin a business’s reputation. AI can help hoteliers eliminate human error.
AI can manage day-to-day operations like housekeeping schedules, inventory management, and customer service. It can also help monitor revenue generation and cash flow.
Manufacturing
AI can analyze data from various points to help with predictive maintenance, saving manufacturers a ton of time and money.
Quality assurance is one of the many tasks that AI can be trained to do without error. Additionally, AI can help improve factory safety and security.
Media and entertainment
There are so many use cases for AI in media and entertainment. AI can generate rich content, write stories as well as generate lyrics and musical beats.
Moreover, as entertainment moves towards virtual reality and personalization, media companies will find AI very useful.