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5 Industries Impacted by AI

Do you remember how the 2020s were depicted in the movies? Electric cars flying, vivid holograms talking, cyborgs, touch screen boards, all kinds of gadgets, appliances wishing you a nice day when you are about to leave your house, highly functional robots…

Although we don’t have flying cars moving around just yet, we sure do have one part of artificial intelligence amenities available on-demand and for everyday use that was once only imagined by futuristic screenwriters.

We are living in times where virtual, physical, and biological dimensions are being condensed while functioning based on the collection and analysis of vast amounts of data. Today, in every given moment, whether you are holding your mobile phone, tablet or laptop, you are operating on a machine with innumerable times greater computational power than any computer created 20 or 30 years ago.

With great power comes great responsibility, right? Well, let’s see how this great power has helped better our lives.

Fancy A Mind Read?

While fortune tellers are able to predict (more or less accurately) your future by reading the lines on your palm, there are now scientists who can read the waves of your brain. They can even catch dreams you can’t remember. That is, of course, if you don’t mind lying in an MRI scanner for fun.

Jokes aside, by using AI technology, a machine is able to translate your thoughts (and dreams, as they take place in your brain) into, more or less accurate, images based solely on your brain activity. 

A computer is also able to quantify the brain activity converting brain waves into a matrix of numbers creating a unique so-called brain fingerprint. Also, based on how different parts of your brain communicate with each other it can provide information about your personality, traits, behaviors and even determine your IQ.

This amenity of modern technology could come in handy for example, in diagnosing the severity of Alzheimer’s and other brain diseases and disorders.

Of course, there is no doubt all other departments of healthcare will benefit from the symbiotic relationship between AI and medicine. At the end, who wouldn’t like diagnosing to take less time and be more accurate, and doctors suggesting the best treatment possible?

Personalized Schooling Is Getting Better With AI

Can AI really bring the full potential of personalized learning to the education system? This question has been spread across many channels and outlets, especially in the last year. The use of technology in the education system has had a long tradition. Ever since computers started emerging, classrooms have embraced them as an aid to the learning process. 

We all know education systems across the globe are yearning for transformation. School as we know it is not good enough anymore because, first of all, knowledge is now globally accessible and secondly, the need for a physical classroom is exponentially decreasing at the rate it is almost non-existent.

Humans are actually biologically designed to feel excited in regard to learning new things. We release endorphins, serotonin, and dopamine when obtaining knowledge in the way we find pleasurable. 

So I’m going to take a bold stand here and say education coupled with AI should, and most probably will, create generations of happier, and therefore healthier young individuals that will continue our legacy of shaping the future. 

Manufacturing Isn’t Manufacturing Anymore

Manufacturing is described as an action you do in order to produce something with your hands.

Guess what? Not anymore.

The production part is still the same but do machines really have hands?

Ah, that’s right – robots do.

Anyway, the manufacturing industry nowadays is being revolutionized by robots being used to grow production numbers. On the plus side – they don’t get tired, they can work 24/7, and won’t bleed if hurt. Oh, and they are never late. Superb, isn’t it? Although… Their downtime is a little bit expensive.

AI in the manufacturing industry can serve as a tool to detect defects, malfunctioning parts, enhance product quality, help assemble the parts more quickly and accurately. Basically, whatever you need it for, you can teach the algorithm to serve you, crunch the numbers and save your manpower for some more sophisticated jobs. With the help of AI in the manufacturing industry, humans can rest assured that the job will get done. 

Personalize, Personalize, Personalize, Personalize

Have you ever dreamed of walking in custom-made shoes? Wanted to shop but not leave your home? Found the perfect product for your hair after only thinking about it? Ideally seated in your car and not getting lost on a road trip? So busy you require a personal assistant?

Honestly, I could pose a thousand more questions.

Why? Because the goal of today’s businesses is to make your wish happen for you, facilitate your habits, help you complete your searches in a matter of minutes (maybe even seconds), and make your life as a customer easier.

Today’s marketing and sales strategies of any company which is geared up with AI are refined to the point where your need meets their target. Companies can’t exist without you being a happy customer so why not give you exactly what you are looking for. With the little assistance of something called data analytics, it might seem to you that someone performed some kind of magic to deliver the product tailored just for you.

Businesses that adopted AI utilize chatbots for customer service making the answers to your questions available on demand. That means no long emails or waiting on the phone for the operator to pick up.

Is Artificial Intelligence Going To Take Human Jobs?

AI is used to automate, optimize and make processes more efficient. In the fields where AI is employed, it is certain that some positions will need less or no workforce at all as AI will step in to take over the tasks that imply repetition, set of rules to be followed, and don’t require high IQ levels.

With that said, Yes – AI will replace a large percentage of human operators giving them space and time to focus on more complex and creative tasks, processes, and creating/maintaining relationships. This means completely new job positions will be available for taking.

In the end, it is no longer important just what information you have at your disposal but how you implement your knowledge because, no matter how far it seems to be, the future of AI is now. There is one more trick – it will only learn what we choose to teach it.