AI has shaped our lives and finds its use in several sectors, some of which we discuss below. Before looking into the details, let us first figure out some of the essential terminologies associated with AI.
What is Artificial Intelligence(AI)?
AI is the science that deals with building intelligent machines that can perform functions and usually require human interference. It is related to the homogenous task of utilizing computers to understand human intelligence. However, it does not limit itself to observable biological methods only.
What is Machine Learning?
The subclass of AI is machine learning. It is the science of scheming and applying specific rules such as algorithms capable of learning events from past experiences. Past cases enable one to make predictions, and therefore machine learning is used to solve issues pertaining to online banking fraud, face detection and recognition, and so on. The core focus is that the machine learns from its past action and produces reliable results.
Right from your smart TV that understands your commands to an automatic computer machine, artificial intelligence has been a part of our lives unknowingly. Google uses artificial intelligence-like algorithms to find the most relevant answer to your query. Therefore, answers to your questions are provided within no time. Have you ever wondered how your page gets flooded with online ad links? If you tend to search, say, online clothes, you’ll be surprised to see clothes ads on every site you visit. Simply because all these online ads utilize artificial intelligence and based on your past searches, behavior, and interest, they will determine which specific ads you should see.
Artificial Intelligence and R&D
The role of AI ranges from financing, marketing, human resources, customer services, and the most crucial role is in the research and development area. It commits to improving the quality of existing goods, services, manufacture, operation, and efficacy. R&B being a highly potential category, AI looks on to shaping the discoveries and innovations that are yet to come.
Just like the 4G and 5G revolution significantly changed the outlook of a smartphone and how the internet changed our routine of accessing data, AI, though still naïve in this enterprise, will help in cost reduction and pave the way for new business opportunities.
Let us glance over the potential advances in AI, some of which are present and others that are yet to come!
Pharma and AI
With COVID-19 on an exponential rise, finding the right treatment was the need of the hour. A new vaccine to be produced with all its safety and efficacy and to reach the market would take years. Machine learning is a potential model that can predict the different immunogenic components of the virus. These are components that can elucidate an immune response to your body. Researchers can then develop other modes of targets by studying these components’ nature and designing the most suitable vaccine. This way, AI can transform the way we produce drugs and vaccines in the future.
AI in Automobiles
Autonomous cars have been making some headlines and have been governing technology conversations lately. AI finds its application to create schedules, manage workflow, and even hire robots to work with humans in assembly lines. They can be employed in manufacturing or servicing wherein identifying faulty parts that go into making cars are screened. These abilities can help reduce costs by purchasing immense labor and equipment required for screening. AI systems also assist advanced driver features by alerting drivers of risky roads, regulating blind spots, and assisting while steering. These features will enable drivers to be less prone to accidents in the mere future.
AI and Education
AI in the future will enable the teachers to know the academic status of a student, activities of a student, concept understanding, and misunderstanding of concepts. It will also allow a personalized study timeline considering the different knowledge gaps in students. AI, will therefore optimize the way students study and understand concepts differently, thereby increasing each one’s efficacy and intelligence. To reach this goal, they use Knowledge Space Theory to train their AIs and represent knowledge gaps. The main focus of AI is to produce intelligent content in digital lessons, information visualization, and updating studies’ contents. AI technology is also used for tutoring students by providing them virtual personal assistants and through automated chats for doubt clearing.
AI focuses on stimulating intelligent behaviors and commands in computerized machines. The device can emulate smart human actions. However, AI is more than scientific data, and the technological advances will assist it to its full potential in the coming world. From high-tech to pharma companies, AI is involved in furnishing products, services, and development. Artificial Intelligence technology has been widely accepted in the present and is yet to change how we will perceive technology in the future.