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• AI in Assistance: Virtual assistance has become a very common technology that can be
found in most of our houses and can control our homes. Amazon Alexa, Apple’s Siri, and
Microsoft Cortana are gaining popularity because of the user experience they provide.
Amazon Echo is an example of how AI can be used to translate human language into
desired actions. This device uses speech recognition and NLP to perform an ever-growing
range of tasks on your command. It can play your favourite song, control your smart
device, book cabs for you, order your favourite food, check weather conditions, etc.
• Social Media for Serving Personalised Experience: Since social media has
become our identity, they have been generating innumerable amounts of data
through chats, tweets, and posts. On social media platforms like Facebook, AI is
used for face verification wherein machine learning and deep learning are used
to detect facial features and tag your friends. Deep learning is used to extract
every minute detail from an image by using a bunch of deep neural networks. Machine learning algorithms
are used to design your feed based on your interests. X (formerly known as Twitter) is using AI to identify hate
speech and terrorist language in tweets. It uses machine learning, deep learning, and NLP to filter out offensive
content. Deep learning is a subset of machine learning composed of algorithms that permit software to train
itself to perform tasks, like speech and image recognition by exposing multi-layered neural networks to vast
amount of data.
• AI in Artificial Creativity: Imagine, an AI machine tries to create music and art.
MuseNet, a deep neural network, can generate 4-minute compositions with 10
different instruments and can combine styles. Another creative product of AI is
Wordsmith, a content automated tool. Wordsmith is an AI-powered tool that
produces written analytics by transforming the given data. It uses NLP to transform
your data into exciting narratives.
Advantages of AI
The following are the advantages of AI:
• Increased Automation: AI can be used to automate anything, ranging from tedious tasks to the process of
recruitment of employees. There are AI-based applications that can be used for the hiring of new recruits. Mya,
is an AI app that automates tedious parts of the recruitment process such as sourcing, screening and scheduling.
• Increased Productivity: AI is widely used in businesses. It is used to manage highly computational tasks that
require maximum effort and time. Starting from staff recruitment to automated packing of products, AI has the
potential to increase productivity.
• Smart Decision Making: AI helps in making smart decisions. Salesforce Einstein Analytics is a comprehensive
AI for CRM (Customer Relationship Management), designed to enable companies to make smarter business
decisions. The goal of this technology is to give sales and marketing departments more comprehensive customer
behaviour and sales prospects.
• Solve Complex Problems: AI is used to solve complex problems that cannot be solved by human beings. Through
the years AI has progressed from simple machine learning algorithms to advanced machine learning concepts that
have helped resolve complex problems like fraud detection, medical diagnosis, weather forecasting and so on.
• Strengthens Economy: AI is estimated to contribute $15 trillion to the world’s economy by 2030. It is estimated
that the greatest impact of AI will be in the field of healthcare and robotics. The rise in the economy will mainly
be from the substitution of work by automation and increased innovation in products and services.
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