Have you watched an AI sci-fi movie and then wondered whether intelligent machines would take over the world? But such a day is possibly very far from today. According to AI think tanks, the future of AI relies on replicating our neural network. Such a development will foster the creation of Artificial General Intelligence(AGI) or simply self-awareness. What we have achieved till date is supervised learning based AI developmental code libraries, to say, algorithms which guide us to a custom result when we feed tailored data to the machine with the support of functions written in computer language.
Now, we will go across various sectors where AI has started to mark its presence ferociously.
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- AI’s reinventions in Human Resources
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Candidate sourcing and onboarding can be a time-consuming exercise for big MNCs. Thanks to the AI candidate sourcing algorithm which can considerably reduce the time to hire from a month to just a week, and that too with a non-biased efficiency. The task of screening the candidate for a job role can also be automated, which would enhance the recruiting capability by selecting candidates of meritorious competencies.
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- AI in transport
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Last year we heard of big cab companies eyeing for self-driving cars, and the self-driving AI has made progress by leaps and bounds in the last few years. The concern of not having a human behind the wheel is what makes this segment of AI vulnerable to mishaps. It is estimated that, by 2020, there will be an estimated 10 million self-driving transport cars and wagons on the road, which would range from freight trains to taxis.
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- AI in Retail
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Are you surprised when the new Bluetooth speaker you told your brother you’d buy appears instantly on the ad section of your webpage? Well, this isn’t a miracle, it’s AI. AI-powered chatbots assist retailers in collecting immense data through digital requests, in the form of audible reactions, online shopping pattern, improved conversation capabilities, etc. The data helps the AI framework to predict intelligent data and analytics thus enhancing customer experience on shopping websites.
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- AI’s reinventions in safeguarding Intellectual Property
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The demand for intellectual property (IP) titles, copyright, patents, trademarks, industrial designs is increasing rapidly, owing to the economy driven advancements in today’s world. It has become an elaborate exercise to identify IP, to safeguard IP and other intellectual assets. AI and new technologies like blockchain have the potential to solve the challenges faced in safeguarding IP. AI protects IP assets like technology products from unauthorized use and piracy.
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- AI in agriculture
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The population explosion has created challenges which pertain to the essential living amenities like food. The world will need to produce 50 percent more food by 2050. AI algorithms can precisely predict the time duration in which a food crop will be ready for harvest, the quantity of the produce, detecting pests, and lowering water usage. It will also enhance the capability of farming equipment and machines.
Davis Johnson is a self-professed security expert; she has been making the people aware of the security threats. Her passion is to write about Cyber security, cryptography, malware, social engineering, internet and new media. She writes for Norton security products at norton.com/setup.
Source: https://daviseducationsource.wordpress.com/2019/03/13/5-sectors-being-transformed-by-ai-in-2019/
