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Some main areas of application of AI are:
Natural Language processing: It is the study of methods by which
computers can recognize and understand spoken or written human
language. Speech recognition software are an example of NLP where
computers translate spoken speech into text. Natural Language processing
Pattern recognition: This type of software comprises of a camera
and software which together identify repetitive patterns and establish
connections between the patterns stored in the database and the perceived
patterns. Facial recognition software, video surveillance cameras,
fingerprint identification and automatic voice recognition software are
some examples of pattern recognition software.
Pattern recognition
Robotics: Shakey was the first robot to use AI to navigate. It was
developed in 1970. There are so many robots that use AI such as Rosie
and Roscoe are used in hospital to supply medicines, Robodoc performs
hip implant surgeries, Roomba and Scooba can do housework such as
cleaning the floor, etc. Robotics
Intelligent Apps (I-Apps): Intelligent Apps are software written for mobile
devices based on Artificial Intelligence and machine learning technology,
aimed at making everyday tasks easier. This involves tasks like organizing
and prioritizing emails, scheduling meetings, logging interactions, content,
etc. Some familiar examples of I-Apps are Chatbots and virtual assistants.
Intelligent Apps
Let’s CatCh uP
Write the names of any three areas where AI applications are used.
1. __________________ 2. __________________ 3. __________________
BLOCKCHAIN
Blockchain refers to the system of recording information which makes it difficult or impossible to
change, hack, or cheat the system. Every business runs on information and blockchain is a shared
ledger on which we record the transactions and track assets (tangible or intangible) in a business
network. Tangible assets include houses, cars, cash, lands, etc. and non-tangible assets include
intellectual property, patents, copyrights, branding, etc.
It is a digital ledger of transactions that is duplicated and distributed across the entire network
of computers on the blockchain. Each block in a chain may contain the record of the number of
transactions made and the occurrence of new transactions. This record of every transaction is updated
and added to the participant’s ledger. Anything that carries value can be recorded and tracked and
can be traded on a blockchain network.
Latest Technological Developments 95

