Many experts believe that artificial intelligence is the future of humanity. They have stated that this technology is the next step in human evolution as it will allow us to tackle both complicated and everyday problems with ease, thus making our lives easier.
Not only that, but this technology has the potential to be far more effective and efficient in some sectors than a human can ever be. Billions of dollars are being invested in this industry on an annual basis, but it is still early to decide when will this technology be ready to be used. Many benefits come by using it and we decided to take a look at some sectors which have implemented basic versions of AI to better their services.
Coming in the entertainment sector, we have online casinos and online bookmakers. These sites are among the platforms that have fully integrated the use of AI and completely depend on it. How? We’ll be more than happy to explain.
Let’s take a look at one particular online sportsbook. At NetBet Sports Betting, all registered players receive a next-level of security due to the advanced AI-powered security system that goes by the name of SSL-encryption. This software turns the players’ data into vines of unbreakable codes, thus making it impossible for unwanted third parties to gain access to sensitive information which can harm the players.
NetBet also has a casino category that implements another type of AI – Random Number Generators. RNGs are AI technology that is designed to enforce fair-play. They do that by creating random outcomes of every game, thus giving each player on the platform an equal chance of winning a prize. Artificial Intelligence is a multi-billion-dollar industry today! Every company, enterprise, and society is eyeing for synergic implementation of AI with human resources to fast-forward pace of growth. There is a huge demand for AI-related skills currently and will shoot up in the coming years. Be industry-ready with relevant skill sets by enrolling in an Artificial Intelligence Online Course.
Early forms of AI have also been introduced into the medical sector, but since they are still in the early stages, it will take some time before they are fully integrated into medical systems. Here’s the basic idea of how AI in medicine will work.
AI programs are applied in practices such as treatment protocol development, drug development, personalized medicine, diagnosis processes, and even patient monitoring and care. These AI programs are designed to analyze the patient’s test and based on the result, provide the best possible care for them. Of course, humans will review their results, but since we are more capable of making mistakes, AI will have the lead role.
Some medical institutions that have already implemented this type of technology are the Mayo Clinic, the British National Healthcare Service, and the Memorial Sloan Kettering Cancer Center. As you can see, not only can AI help saving lives, but it can also help the process of boosting economies.
Other Examples of AI
Some other examples of the usage of AI are smart assistants, Siri, Alexa, Tesla’s self-driving mode, reCaptcha, and much more. All of these systems are still in their early stages of development but they have given fantastic results so far.
The Benefits of Using AI
By now, you’ve figured that numerous companies use AI to support their businesses. That is because many benefits come with this technology. AI can save time and money, increase productivity, erase the factor of human error, increase revenue by identifying and maximizing sales opportunities, make faster business decisions, mine and process vast amounts of data, it is available 24/7 and help in the process of new inventions.
All of these advantages will help businesses grow and a much faster rate, thus increase their overall chances of success. On the other hand, people that oppose AI say that this technology will have the power to replace humans in some working positions, thus increase the unemployment rate, but its biggest con would be the fact that it cannot think outside of the box, which is the key to inventions and driving us forward.