As days are getting smarter as do humans, the technology is also improvising in all possible ways to ease the process and to assist humans. Artificial Intelligence is a like one, which impacted, impacting and will impact the world to the optimizing extent.
Before exploring AI, let’s have a cliffy recall of what AI is all about?
Artificial intelligence is an emerging technology wherein machines and systems are simulated or imparted human intelligence, for performing automatic assertions and achieving the task through natural intelligence.
Artificial intelligence is colloquially the machines that mimic the ‘cognitive’ functions of the humans associate with the human mind, such as learning and problem solving.
The technology analyzes the environment, assess them with the given algorithm or data and sort out the best path to meet out the goals. Here, the goals can be predefined or induced by the machine itself through prior experiences, called reinforcement learning.
In this article, instead of briefing how AI uplifts the sector, products/services belonging to each sector with AI implemented are listed out, to fetch you a better conception.
AI in Agriculture
AI is increasingly being used in agriculture in more parts of the world than ever before. Unlike in richer countries, agricultural holdings per farmer in poorer regions are significantly smaller.
- AI-based solutions for the small farmer can potentially revolutionize the sector very quickly. Indian startup Fasal, a product of Wolkus, a ‘smart things’ developer, uses affordable sensors and AI to provide the farmer with real-time data and insights, remote access to all the information via multiple mediums, predictions about resource requirements including irrigation, sprays, fertigation, and other preventive measures. To add, the company’s sensor station is easy to implement for the small farmer.
- SkySqurrel Technologies has brought drone-based Ariel imaging solutions for monitoring crop health. In this technique, the drone captures data from fields and then data is transferred via a USB drive from the drone to a computer and analyzed by experts. This company uses algorithms to analyze the captured images and provide a detailed report containing the current health of the farm. It helps the farmer to identify pests and bacteria helping farmers to timely use of pest control and other methods to take required action.
- Alibaba, through its cloud computing division called Alibaba Cloud, is helping farmers monitor crops to improve yield and cuts costs with artificial intelligence.
Find more startups incorporating AI for agricultural purposes!
AI in Health-Care
The big tech’s holding, Google Health is tapping into A.I.’s potential to help in cancer diagnosis, predicting patient outcomes, averting blindness, and more.
These aren’t just empty words; Google has walked its talk. Together with the company’s DeepMind branch, Google Health has recently come up with an A.I.-based solution for identifying breast cancer. What’s more, the algorithm even outperformed all human radiologists it was pitted against, on average by 11.5%! While it was only on pre-selected data sets, studies doing the same on diverse clinical data are coming soon. This is one such example. Find more, here.
Did you know? AI now could detect heart disease by just seeing your selfies!
Education
AI’s educational prevalence owes a big credit, as it finds the way, students are struggling to cope up a topic & also poses alternatives to understand it better. In fact, students’ understanding capability are analysed individually.
For Instance, Knewton creates adaptive learning technology for higher education. Its program, called alta, helps identify gaps in a student’s knowledge, provides relevant coursework and places students back on track for college-level courses. Alta also helps instructors teach at different educational levels and is currently used for math, chemistry, statistics and economics.
Business
The core goal of business is customer understanding & satisfaction. And almost all fortune companies have implemented AI in their own ways to achieve so.
- Netflix uses AI to create an algorithm to best-feed the videos to people, based on their taste of watching.
- Alibaba, a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology uses Artificial intelligence (AI) as an integral part in its daily operations and is used to predict what customers might want to buy. With natural language processing, the company automatically generates product descriptions for the site.
- Another way Alibaba uses artificial intelligence is in its City Brain project to create smart cities. The project uses AI algorithms to help reduce traffic jams by monitoring every vehicle in the city.
Read more about how business companies employ AI !
How AI uplifted Industries?
Manufacturing / production in the sense, it mostly refers to AI powered robots, which brought a revolutionary impact in mass-production & process-flow time. More than words, this video may give you a spoon of AI in industries.
Financial Services
Kensho provides machine intelligence and data analytics to leading financial institutions like J.P. Morgan, Bank of America, Morgan Stanley and S&P Global.Kensho’s software offers analytical solutions using a combination of cloud computing and natural language processing (NLP). The company’s systems can provide answers to complex financial questions in plain English.
Traders with access to Kensho’s AI-powered database in the days following Brexit used the information to quickly predict an extended drop in the British pound, according to a 2017 Forbes article.
AI in Construction
- APE Mobile is on a mission to make construction easier by using disruptive technology to make the complex simple and arm contractors with the information they need. They are now adding Artificial Intelligence (AI) and Natural Language Processing (NLP) capabilities to bring the user answers when and where they need them. “Ask a question and it gives you answers, instantly. And shows you where you can see the underlying data. No need to search. No need to head to the trailer or office. Just ask.”
- Kwant (previously onTarget) helps increase construction productivity and safety using AI-powered predictive analytics and sensors that can be installed in minutes. The company has analyzed thousands of project schedules using AI. Their algorithms standardize unstructured data into standardized buckets. Real-time data from sensors and APIs is compared with standardized forensic data. The service predicts with high accuracy if there are any early warning signs that risk the project’s execution.
Click here to find more companies working on AI!
Can AI be used in art & history too?
AI using algorithms for predicting the occurrences, is advantaged by artists, recreating the sculptures/statues by giving real faces to those historical beings.
Two of the artists, Bas Uterwijk, a Dutch Photographer and designer and Dan Voshart, a VR specialist in Film Industry are accredited for rejuvenating the ancients’ faces, a mere algorithm-cum-prediction of ‘how they would have looked like’, deploying AI & Machine Learning software.
