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MOST COMMON FIELDS WHICH USE AI
Artificial Intelligence is commonly used in a wide range of fields like smartphones, social media
platforms, e-commerce, autonomous vehicles, security and surveillance, entertainment industries,
navigation, banking and financial sectors, smart homes, etc.
SMARTPHONE INDUSTRY
Today, smartphones come preloaded with AI based
special features. Currently, most of the features of AI in
smartphones are dedicated to security, power efficiency
and photography. Right from the lock security, there is
AI in many applications. To unlock your smartphone,
you use face recognition, the process which needs the
Computer Vision tool of AI. Similarly, the voice enabled
assistant like Google Assistant or Siri uses the Natural Language Processing tool of AI.
We have already discussed the know-how of some of the applications that use artificial intelligence,
such as Siri, Alexa, Netflix, Google Maps, etc.
AI has influenced many sectors like finance, healthcare, education, transportation, etc. Let us now
discuss the impact of AI in various sectors.
SOCIAL MEDIA PLATFORMS
AI is extensively used in social media platforms to serve
personalized content. These sites monitor the way you
use the features that they provide and record the way
you use them. This data is used to create ads that are
customised according to your preferences.
For example, the social networking site Facebook uses
AI to detect content having graphic violence, etc. It also
helps to understand the psychology of a person.
BANKING AND FINANCIAL SECTOR
AI helps banks and financial sectors in various ways. AI predicts future scenarios by analysing
past user experiences. This way it suggests the banks for future outcomes and trends. It also helps
banks to identify fraud and detect anti-money laundering patterns.
AI assistants, such as chatbots, use
artificial intelligence to generate
personalized financial advice and
natural language processing to
provide instant, self-help customer
service.
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