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If you searched the term “Artificial Intelligence” on Google and found this article, then you have used AI (and hopefully benefited from it). AI is a term that can be used to take you on a ride with Uber or have your phone correct a misspelled word. Artificial intelligence profoundly impacts almost all aspects of our lives, even though it might not be obvious. We’ll be looking at eight ways artificial intelligence can save us time, money, energy, and effort in our daily lives.

What is Artificial Intelligence?

It is essential to understand precisely what Artificial Intelligence is before determining how it impacts our lives.

Artificial intelligence, or statistical analysis, is how computers can act on data to analyze and understand it. This is an automated process. Artificially intelligent machines can recognize patterns of behavior and adapt their responses accordingly. This article “What is Artificial Intelligence?” provides a more detailed definition.

Machine learning (ML), Deep Learning (DL), and natural language processing are the essential components of AI.

Machine learning allows machines to learn better based on big structured data and continuous feedback from humans and algorithms.

Deep Learning is often considered to be an advanced form of ML. It learns through representations, but data doesn’t need to be structured.

Natural Language Processing (NLP), a tool for linguistic analysis in computer science, is one example. It allows machines to understand and read human language. NLP will enable computers to convert human speech into computer inputs. As an AI enthusiast, you need to master all the skills to grow your business. Dedicated AI ML Course by E&ICT Academy, NIT Warangal will give you an in-depth knowledge of various Artificial Intelligence and Machine Learning models to increase business value.

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8 Examples Of Artificial Intelligence

Here are eight examples of Artificial Intelligence that you might come across every day.

1. Navigation and maps

AI has greatly improved travel. You no longer need to rely on printed directions or maps. Instead, you can use Waze, Google, or Apple Maps on your smartphone and enter your destination.

How does the application know where it should go? What’s more, it can determine the best route, traffic jams, and road obstacles. While satellite-based GPS was the only option, users now have access to artificial intelligence.

Machine learning allows the algorithms to remember the edges and numbers of buildings it has seen. It makes the maps more accurate and helps with the recognition and understanding of building numbers and houses. It has trained to recognize changes in traffic flow and recommend routes that avoid congestion and roadblocks.

2. Facial Recognition and Detection

Artificial intelligence is now a part of our everyday lives. Face ID allows us to unlock our phones, and virtual filters can be applied to our faces while taking photos. Facial recognition is also used for surveillance and security by government facilities and at airports.

3. Text Editors or Autocorrect

AI algorithms use machine learning, deep learning, and natural language processing to identify incorrect usage of language and suggest corrections in word processors, texting apps, and every other written medium, it seems. Computer scientists and linguists work together to teach computers grammar just as you were taught in school. The editors will notice if you are using the wrong comma.

  1. Search and Recommendation Algorithms
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Have you ever noticed that when you shop online or watch a movie, the recommendations you receive are often in line with your recent searches or interests? Intelligent recommendation systems learn your online behavior and preferences over time. Data is collected from the user at the front end and stored. The data can then be analyzed using machine learning and deep learning. The information is used to predict your preferences and provide recommendations for what you might like to listen to or buy next.

5. Chatbots

Customer service interactions can be stressful and time-consuming.  Companies find it inefficient, expensive, and difficult to manage. One increasingly popular artificially intelligent solution to this is the use of AI chatbots. These algorithms allow machines to answer commonly asked questions, track orders and make direct calls.

Natural language processing (NLP) teaches chatbots how to mimic customer service representatives’ conversational styles. Advanced chatbots do not require any specific inputs (e.g., yes/no questions). They can answer complex questions that need detailed answers. Giving the bot a negative rating for its response will correct the error and make it right the next time. It ensures maximum customer satisfaction.

6. Digital Assistants

Sometimes, when we are overwhelmed, we resort to digital assistants to help us. You might ask your assistant to call your mom while you’re driving. An AI virtual assistant like Siri can access your contacts and identify “Mom” before calling the number. These assistants use NLP and ML, statistical analysis, and algorithmic execution to determine what you want and attempt to get it. Voice and image searches work the same.

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7. Social Media

Social media apps use AI to support content monitoring, suggest connections, and serve ads to targeted users.

Through keyword recognition and visual image recognition, AI algorithms can quickly identify and remove inappropriate posts. Deep learning’s neural network architecture is an essential part of this process. But it doesn’t end there.

Social media companies understand that their users are their products and use AI to connect them to advertisers and marketers identified their profiles. Social media AI can also determine the type of content that users like and suggest similar content.

8. E-Payments

It is a waste of time to go to the bank for every transaction. AI is a factor in why you haven’t visited a branch in five years. Banks are using artificial intelligence to simplify payment processes and facilitate customers.

Intelligent algorithms make it possible to deposit money, transfer money, and open accounts from any location. This is thanks to AI security, identity management, and privacy controls.

You can even detect potential fraud by looking at credit card spending patterns. It is another example of artificial intelligence. These algorithms can determine what products User X purchases, location, and price range.

The system will alert you if there is unusual activity. #KhabarLive #hydnews

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