ARTIFICIAL INTELLIGENCE AS A GAME-CHANGER IN 21ST CENTURY

7Jul - by aiuniverse - 0 - In Artificial Intelligence

Source – https://www.analyticsinsight.net/

An overview on why Artificial Intelligence is a game-changer in the 21st century

Being the most common and vibrant technical term in the 21st century, Artificial Intelligence has started reigning the world stage with its smart functionalities. There is no doubt that Artificial Intelligence is transforming the productivity and workflow of multiple industries across the world. But there is also a constant concern related to human job opportunities in the upcoming years. Gradually organizations have realized that Artificial Intelligence needs to collaborate with human employees and ample job opportunities are coming up for that.

This cutting-edge technology is providing a competitive edge to organizations in the cut-throat competitive tech-driven market. Industries are reaping so many benefits of the most popular disruptive technology that were unbelievable just a decade ago. The tech-driven future is here with Artificial Intelligence. Let’s explore some aspects to have a better understanding of why Artificial Intelligence is a game-changer in the 21st century.

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Benefits of Artificial Intelligence

Smart decision-making process: The AI models collect enormous volumes of real-time complex data and transform into meaningful business in-depth insights for better productivity

Enhances customer engagement: The AI models help organizations to enhance customer engagement by providing a better understanding of the needs and wants of customers in the current market scenario

Eliminates human errors: AI models transform data efficiently and work back-end duties without any human intervention and potential human errors

Provides smart solutions: AI models can solve extremely complicated problems that organizations have to face to gain revenue efficiently

Improves cybersecurity: AI models can improve cybersecurity and protect confidential data and information from malicious hackers and ransomware

Automation services: AI models provide automation services and perform repetitive boring tasks within a short period of time by helping employees to focus on other priority work

Protects human employees: AI models perform activities in the high risky environment while protecting human employees from hazardous limitations or disasters

Available 24*7: AI models are active and available throughout a year to perform their duties for organizations or industries to protect data from cyberattacks and detect any unusual activity on-premises

Interactive Chatbots: Artificial Intelligence has produced interactive Chatbots for faster response to multiple different types of queries from customers to meet their satisfaction for brand loyalty

Recent Applications of Artificial Intelligence in Real-world

Marketing: AI models are helping to deliver highly personalized promotions to attract potential customers through facial recognition, content marketing, campaigns, Chatbots, and understanding customer behavior

Automotive: AI models are driving automotive companies to develop autonomous vehicles with the integration of Augmented Reality and Virtual Reality to enhance the in-vehicle experience to reach destinations without any hindrance

Agriculture: AI models provide farmers with sufficient information on analyzing weather forecasts, defects, and deficiencies in crops and soils as well as robots to help them during harvesting

Gaming: AI models are assisting game developers to use game-playing agents to create smart and actionable games while predicting human player actions

Human Resource: AI models have started helping human resource departments in organizations to interview candidates with appropriate questions and recruit the right candidate by filtering all the profiles

Healthcare: There is immense assistance from Artificial Intelligence in the healthcare sector, especially post-pandemic with virtual assistants, robotic surgeons, detecting early symptoms of diseases, alerting patients to have medicines at the right time, and many more

Manufacturing & Retail: AI models are helping tremendously to manufacturing and retail post-pandemic with a better understanding of customer behavior through social media accounts, websites, browsing history, virtual shopping assistants, Chatbots, cybersecurity, and so on

Future Market Scope of Artificial Intelligence

Artificial Intelligence will be thriving more in the nearby future with two aspects— job opportunities as well as innovating cutting-edge technologies. Artificial Intelligence provides multiple job opportunities with lucrative salary packages such as Big Data engineer, business intelligent developer, data scientist, machine learning engineer, data analyst, AI engineer, software engineer, and many more fields to kickstart professional careers. According to MarketsandMarkets, the global Artificial Intelligence market size is US$58.3 billion in 2021 and is expected to hit US$309.6 billion in 2026 with a CAGR of 39.7%.

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