Every day, new AI applications are discovered. Data scientists and other IT professionals are looking at new ways of using Artificial Intelligence on its own and when combined with other technologies like cloud computing, Big Data and augmented reality. AI combines the techniques of ML (machine learning) with Deep Learning methodologies. Artificial Intelligence application models can make strategic decisions based on the large volumes of data that data scientists use to train them.
Know more about the real-world applications of artificial intelligence (ai) for 2025.
The Advancements in AI Through the Years
Statista states the global AI market is projected to reach $126 billion by 2025. Gartner reports that 37% of organizations worldwide have adopted AI solutions, with a 270% increase in adoption over five years. Research from Servion Global Solutions predicts that 95% of customer interactions will involve AI by 2025. Statista's 2020 report also highlights a 54% year-over-year growth in global IT markets.
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Top Artificial Intelligence (AI) Applications Today
The future of artificial intelligence is bright, diverse and multi-dimensional. There is no telling what tomorrow's technology can enable AI to do. It is one of the top technologies to watch in the coming decade.
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Artificial Intelligence already has several applications in our lives today. We might not always realise it, but several aspects of our digital and online experiences are only possible through the power of AI. Here are the top applications of Artificial Intelligence today:
1. AI in e-commerce
If you've ever shopped online, you've interacted more times with AI than you've realised. AI has multiple applications in the online shopping domain. The most popular ones are.
Personal shopping:
AI leverages data from past website visits, cookies, user interests, and browsing history to generate personalized recommendations. These insights enhance customer engagement, create cross-selling opportunities, and foster stronger customer relationships, ultimately boosting brand loyalty.
AI assistants:
Virtual chatbots and assistants enhance online shopping by using NLP to deliver personalized, human-like interactions. They offer real-time support and resolve issues without needing human involvement.
Fraud prevention:
Fake reviews and credit card fraud are significant challenges for e-commerce platforms. AI helps mitigate these issues by analyzing customer behaviour patterns, ensuring more trustworthy reviews and reducing fraudulent activities, ultimately aiding customers in making better purchasing decisions.
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2. AI in Navigation Technology
GPS technology gives users detailed, accurate and instant data on their location and helps improve travel safety. It uses a blend of graph neural networks and convolutional neural networks to automatically detect road types beyond obstructions or lanes on a highway. This helps in making travelling and commuting easier for citizens. Businesses like Uber, FedEx and other logistics and travel companies use AI in their GPS devices to help analyse road traffic, optimise routes and improve efficiency.
3. Autonomous Vehicles
Technology:
Autonomous vehicles (AVs) use AI algorithms, sensors (LiDAR and radar), and GPS to navigate and make driving decisions without human intervention.
Safety and Efficiency:
AVs aim to reduce accidents by eliminating human error and optimising traffic flow, potentially decreasing congestion and fuel consumption.
Applications:
AVs are being developed for personal transportation, delivery services, and public transportation, promising to revolutionize the mobility and logistics industries.
4. AI in Robotics
Robotics is a rapidly rising domain with several AI and Machine Learning applications. Mechanical AI-enabled robots use real-time notifications and sense hurdles ahead. They can instantly pre-plan their journey or reroute wherever needed. Some typical robotics applications for AI are in the form of.
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Goods carried in factories, warehouses and hospitals
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Managing inventory
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Cleaning large industrial and office equipment
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5. Robotics
Autonomous Operation:
AI enables robots to perform tasks independently by processing sensory data and making decisions based on environmental cues.
Applications:
Robotics with AI are used in manufacturing (e.g., assembly lines), healthcare (e.g., surgical robots), agriculture (e.g., harvesting), and space exploration (e.g., planetary rovers).
Advancements:
AI-powered robotics improve efficiency, precision, and safety in complex and hazardous environments, augmenting human capabilities and expanding possibilities for automation.
6. AI in Human Resources
AI is increasingly used in human resources to streamline the hiring process. By leveraging machine learning, recruiters can evaluate applications based on predefined criteria. AI scans candidate profiles, helping recruiters identify top talent and make more informed decisions, reducing manual effort and improving efficiency.
7. Gaming and Entertainment
AI-Driven Gameplay:
AI algorithms enhance gaming experiences by creating intelligent opponents, adapting gameplay based on player actions, and generating dynamic game environments.
Realistic Simulations:
AI enables realistic simulations and virtual worlds, enhancing immersion and realism in video games and virtual reality (VR) applications.
Content Generation:
AI generates game content such as levels, characters, and narratives, reducing development time and enabling endless variations in gaming experiences.
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8. AI in Finance and Banking
More than 80% of banking institutions today acknowledge the advantages and benefits of using AI. From personal finance to consumer finance to corporate banking, highly evolved AI solutions can improve financial services significantly through their impact on multiple financial products and services. Artificial intelligence can also recognise any change in buying behaviour, transactional patterns or other red flags that people might overlook. This can help banks avoid significant data and financial losses.
The applications for Artificial Intelligence are only going to grow, both vertically and horizontally. If you are looking for a reason to switch to a career in AI technology, you now have 11. Give your career a new direction and enrol in an Artificial Intelligence certification course today.
9. AI in Marketing
Marketing professionals use AI in several ways. We live in a digital-first age of targeted advertising. AI helps deliver highly personal targeted ads that can help identify pattern recognition, behavioural analysis and customer interests. It also assists with audience retargeting to ensure improved results and reduce consumer annoyance or distrust.
Regarding content creation, AI can provide content marketing solutions written in a manner that aligns well with a brand’s tone and style. You can use AI to carry out campaign reports, performance assessments, etc.
Chatbots are also an important marketing feature. They use Natural Language Generation, Natural Language Processing, Natural Language Understanding and Artificial Intelligence to analyse user languages and respond in a human-like manner.
AI also gives users real-time personalisation depending on their previous and present behaviour and helps in editing and optimising campaigns to suit the needs of local markets.
10. AI in Automobiles
AI is a significant component in the popularisation of self-driving cars. It can significantly evolve the vehicle's radar, cloud connectivity, camera, control signals and GPS, making it easier to operate and safer. AI can also provide a superior in-car experience with additional features like emergency brakes, driver-assisted steering and blind-spot surveillance.
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