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Home Industry Updates

Artificial intelligence and future scope

admin by admin
December 21, 2021
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Artificial Intelligence has been a prime entity in today’s world and it has shown nothing but strong exponential growth throughout. Tesla’s Autopilot and Google’s DeepMind are prime examples of the future scope of Artificial Intelligence. Analytics and surveys suggest the same, the future scope of Artificial Intelligence is bright and it will bring about a revolution in the way we interact with the world. Listed below are the numerous ways in which AI can change the future for good:

Artificial Intelligence in Science

Forbes says that Artificial Intelligence has a good scope in adding value to life, and numbers have been proving this claim since then. For example, in 2019, there was a breakthrough in medicine and AI when researchers found out that the onset of breast cancer can be detected accurately early on and can help doctors identify better in terms of benign and malignant cells. This is just one example among many when considering the future scope of Artificial Intelligence to understand that AI can be put to effective use in any field. Here’s another- BlueDot, an AI platform, detected abnormal levels of pneumonia in Wuhan, China, at the end of 2019, and just 9 days later, the World Health Organization (WHO) declared the detection of the ‘novel coronavirus’ – This indicates that AI has a greater role to play in terms of medicine, clinical research and in the vast fields of biology. Considering all of this, it is safe to presume that AI will accelerate scientific research and application rapidly.

Artificial Intelligence in Cybersecurity

We live in a world where everyone is concerned for the safety of their data and their privacy. This has been a prolonged concern for many years and cybersecurity was the answer to the problem. The first thing that comes into mind when there is any talk about fraud is the credit card scams that have been happening for the last couple of years. Even though there are stern and tested methodologies in place, hackers these days always seem to find a workaround. However, Artificial Intelligence here can bring about an effective method to curb these fraudulent activities. Nascent concepts such as neural networks can be used to bring about a halt in these transactions by being able to sift through thousands of transactions every second and immediately stop a transaction with a malign intent behind it.

Artificial Intelligence in Face Recognition

From high-security vaults to smart phones, face recognition is everywhere. Nowadays, faces are rapidly becoming the identification documentation when checking in or even when obtaining boarding passes at many airports across the USA, Asia and the better part of Europe as well.AI can help all the way from identifying people on social media to help in aiding forensic investigations using face recognition. When exposing your identity is of concern, there arises a situation which calls for a balance between security and privacy. With Artificial Intelligence at hand, it could help vastly in the field of security, banking, education and information technology. It can be said that the prospects of facial recognition alongside AI are colossal in terms of future potential.

Artificial Intelligence in Data Analysis

Data is the new oil and Artificial Intelligence is the new engine. When data has attained such a powerful status in today’s world where it is spearheading some companies to success and devising clever and concise solutions to the world’s problems, it would benefit immensely if the power of AI is used to detect patterns and trends that are not visible to the human eye. In 2019 alone, AI alongside data analysis drove almost $2 trillion worth of value worldwide. When the stakes are this high, the role of AI in extracting meaningful insights, trends and patterns is crucial. Everything from the world of IoT, edge computing all the way to real-time intelligence, they are being effectively used throughout the world and the effects can already be seen everywhere around us. If it weren’t for bylaws, we would have completely autonomous cars and taxis on roads already. When you think about Tesla’s Autopilot, the technology is very much capable of it and it is already in place.

Artificial Intelligence in Agriculture

Here’s a fact, the world needs to produce over 50 percent of its current produce in just another 30 years time. Careful planning of resources alongside AI will help farmers grow sustainable produce while managing resources in an eventful manner. Considering factors such as climate change and population growth, AI has immense potential to provide innovative solutions to improve the crop yield throughout the year to meet the rising demands.

Artificial Intelligence in Process Automation

Considering the use of robots, a novel field, Robotic Process Automation (RPA) has helped to automate rule-based tasks in multiple scenarios. This will allow for a greater population of the workforce to devote their time and energy to critical tasks rather than mundane aspects which they could leave directly for the machines to handle. Since the future scope of Artificial Intelligence is immense, growth in automation is directly related to automating tasks in a diverse number of fields. A high amount of productivity can be forecast by making use of AI in the daily task, considering the high efficiency and throughput of process automation. With robots like Sophia, it comes as no surprise that AI is heading on a brighter path in helping the human race achieve its goals quicker and solve problems diligently across the world.

Artificial Intelligence in Gaming and Entertainment

The gaming industry worldwide has a revenue forecast reach of US$230 billion by the year 2022. All the way from 1997 when IBM’s DeepBlue beat Garry Kasparov, the world-renowned Chess Grandmaster till Google’s AlphaGo that defeated Lee Sedol, multiple-time world champion in the game of Go, the world’s most complicated board game, AI is showing strong prospects towards the world of gaming and entertainment.

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