Artificial intelligence (AI) has been growing for the past many years and with it has been giving rise to many diverse industries, some of which did not even exist before the advent of AI. Due to the self-intelligence feature and the ever decreasing operational costs, business automation has become rising trend. The integration of technologies such as big data has enabled further growth in the AI sector. As AI continues to expand in every sector, we see that industries like marketing to even healthcare have all started relying heavily on AI.
Pattern Recognition
Recently, a pattern recognition AI defeated the Human champion of the Go game by a difference of a 100 games to one, proving that the very best of mankind is all but 1% intelligent to an AI. These pattern recognition programs have become popular in modern times. Experimentally, Stock market prediction is being done through such pattern recognition AI these days that has led to a near exact prediction to the rise of fall of a corporate stock by seeing its previous pattern. In the coming days, all stocks would be bought and sold according to such predictions.
Modern Medicine
In medical sciences, AI has been able to predict the chances of a disease occurring in a baby by cross matching the medical histories of the parents. Imagine in the near future, babies would be born and they would know of the diseases they can have. Where parents would be told about the birthing defects their babies can have. Imagine the lives saved by this process.
Face Recognition
Face recognition software has become such an everyday use these days that we forget its brilliance day by day. A future isn’t when crime in big metropolitans would be a thing of the past as these AI have been developed to even recognize a person by the pattern of their walking. So, even if the face is not visible, the person can be identified.
Automotive Industry
In the Auto motive Industry, self-driving cars have been tested and it seems that this human innovation milestone is within grasp, companies like Tesla have already Patented AI’s that can drive cars with the help of GPS and pre-Installed sensors in the cars. In the near future, we would see autonomous driving vehicles that would do miles on end without any human interaction.
The Ugly truth
The Induction of AI has not all been sunshine and rainbows, though the introduction of AI into marketing has been a huge step, it is seen as a breach in privacy. The AI tracks a user’s personal data and shows targeted user ads according to the search trend of each individual. This has doubled the reach of marketing to user specificity, which in turn has doubled their profits. In a few more years, we would see the marketing industry gather even more of a user’s data for this specific purpose. This is alarming for many people as they see that the big tech is tightening their hold onto its users.
Artificial Intelligence has been called the ‘Electricity’ of the 21st century, as this might be the most important thing developed in this millennium, however, how we end up using it could be an entirely different story.
