Today we can see that technology is moving at a breakneck speed. With recent developments in Artificial Intelligence scientists have made breakthroughs in machine learning by implementing neural networks, which mimic the processes of real neurons.
Now days, we are seeing various applications of Artificial Intelligence. For instance, Google Photos uses facial recognition to group images of people. It does this, by deploying the deep learning techniques of AI. Chatbots converse with you in Facebook, Yahoo and other sites use AI. Shopping websites like Alibaba and Amazon harnesses deep learning for finding a handbag matching the one in the photo you uploaded to its shopping site. Moreover digital assistants like Alexa, Cortana, Siri and Google Assistant uses Artificial Intelligence to provide information or execute tasks.
Through increasing integration with of AI technology, it can impact our lives in the following 3 ways.
1. Easy Commute
When you look above the traffic light at a busy intersection in your city and you might see a camera. These cameras are installed to monitor traffic conditions and provide visuals if there is a case of collision. But with Artificial Intelligence these cameras can do more. They can help planners in optimizing traffic flow or also help in identifying sites that are most likely to have accidents.
AI based algorithms can help in monitoring over the streets. AI can be utilized to look for traffic and lane obstructions and help staff respond to the obstruction. In case of a car crash, predictive AI can assess how a traffic network will be impacted when cars divert their routes into city streets to find a detour. This will help city planners to determine whether to more lanes to a road to try and ease congestion.
Artificial Intelligence equipped vehicles are another revolutionary development in recent times and is slowly gaining a lot of traction. We have a separate article to which covers Autonomous Vehicles in detail.
2. Secure Payment Process
Experts are now looking for ways to utilize AI in a number of areas, including customer interaction and fraud detection to make online payment process more secured. Machine learning is now being used for fraud prevention in online credit card transactions. Scientists are now working on deploying AI to not only prevent fraudulent transactions, but also on minimizing the number of legitimate transactions, which were declined due
to being falsely identified as fraudulent.
Recently, the most popular application of AI in payments is the Chatbot, a program that converses with customers through text or speech. These Chatbots are usually used to make the first interaction with a customer, answering their queries and doubts, and gives them advice how hoe to complete their payment securely. Also, scientists have developed the ‘Pay with Your Face’ technology, which helps in saving an incredible amount of time by supporting millions of transactions per day.
3. Accurate Medical Diagnosis
Artificial intelligence in healthcare will use algorithms and software to approximate human cognition by analyzing complex medical data. The primary aim of health based AI applications is to determine relationships between prevention or treatment techniques and patient outcomes. With the emerging technologies including combined with artificial intelligence, the patient can get doctor assistance without having visiting hospitals which results in cost cutting. Along with this benefit, AI can also provide fast and accurate diagnosis; and reduce human errors.
In this article, we have only scratched the surface of examples of Artificial Intelligence that will have an impact on our lives. Experts say that AI will become more deeply integrated in our lives in the near future, and we can see many more applications of AI that can be used on day to day basis. Artificial intelligence promises to give machines the ability to think analytically and once AI technology is perfected, it will not only transform our daily life, but it might also become new infrastructure powering a second industrial revolution.
What are your thoughts about AI ? Its a highly debatable topic and I would love to hear your thoughts in the comments below.