Artificial Intelligence: An Overview of Its Applications and Use-Cases

Posted by OodlesAI on December 26th, 2019

AI (artificial intelligence) is the simulation of the human brain’s intelligence processed by machines, especially computer systems. It processes include information and rules for using the information and using rules to reach approximate or definite conclusions plus self-correction. Artificial intelligence is a branch of computer science that aims to create smart and intelligent machines that work and react like humans. It has become a vital part of the information technology industry.

In today’s world, AI techniques have experienced a resurgence following concurrent advances in computer power, large amounts of data, and theoretical understanding. AI development services are helping industries to solve many challenges in software engineering. Particular applications of AI include expert systems, speech recognition, operations research. and machine vision.

Examples of AI Technology

AI is involved in various types of technology. Below are examples.

Automation: Enables a system or process function automatically. For example, robotic process automation (RPA) can be programmed to perform high-volume, repetitive tasks that humans normally performed taking more time.

Machine vision: The science that allows computers to see by capturing and analyzing visual information using a camera, analog-to-digital conversion, and digital signal processing. It can be compared to human eyesight, but machine vision isn’t bound by biology and can be programmed to see through walls, for instance. It is used in signature identification for medical image analysis. Computer vision is focused on machine-based image processing.

Natural language processing (NLP): The processing of human language by a computer program. One of the best-known applications of NLP is spam detection, which looks at the subject line and the text of an email and decides if it’s junk. Current approaches to NLP are based on machine learning and its various tasks include text translation, sentiment analysis, and speech recognition.

Applications of Artificial Intelligence

Artificial intelligence has made its application in many areas. below are some examples.

Healthcare. Companies are applying artificial intelligence to make better and faster diagnoses than humans for improving patient outcomes and reducing costs. For instance healthcare technology IBM Watson understands natural language and is capable of responding to questions asked of it. The system mines patient data to form a hypothesis, which it then presents with a confidence scoring schema.

Business.AI in Robotic process automation is being applied to highly repetitive tasks normally performed by humans. Machine learning development services are providing solutions to integrate algorithms into analytics platforms to uncover information on how to serve customers better. Chatbots have been incorporated into websites to provide immediate service to customers along with the Automation of job positions.

Finance. AI in personal finance applications, such as Mint or Turbo Tax collect personal data and provide financial advice. Other technologies such as IBM Watson, have been applied to the process of buying a home.

Law. The discovery process, sifting through documents, in law is often tedious for humans. Automating this process is a more efficient use of time and less human efforts.

Manufacturing. Industrial robots are being used to perform single tasks and were separated from human workers, but as technology advanced that changed.