Artificial intelligence (AI) has gained immense importance over the years, so much so that it has found its presence felt in almost all the sectors that one can think of. There are various uses of AI in the today’s scenario.
Words cannot suffice the potential that AI holds when it comes to adding value to the Indian economy. Industries have been using AI to bring automation into the processes. Better AI algorithms are being developed every day to pace up various industry processes. The number of companies adopting AI technology in India is increasing with every passing day.
What is Artificial Intelligence?
Artificial Intelligence is the intelligence shown by machines through which they try to mimic human intelligence. With the help of AI, machines could be trained in certain circumstances to take the decision on their own. With that, they can work on their own without any human intervention.
- Some of the major sectors that take the help of AI services are, Banking, Medical Assistance, Transportation & Logistic, Navigation, Cyber Security, Education, Human Resources, Smart Devices, Social Network Platforms, Agriculture, Manufacturing, Retail, Marketing, Financial Services, etc.
- Some of the major filed where AI is widely used are Online Food Delivery, Shopping, Google Maps, Driving Assistance, E Payment Gateways, Search and Recommendation and many more.
- The role of artificial intelligence (AI) applications in enterprises is rapidly evolving with AI Tools like Customer Relationship Management (CRM) and Enterprise Resource Management (ERM).
With each day new uses and applications of AI are emerging. This also makes it an important field for students and learners to dive into. There is an exponential growth in the demand for skilled AI developers.
Benefits of Artificial Intelligence
- Automation – Businesses that use AI automation are able to augment their capabilities, while off-loading repetitive tasks to the machine. Some jobs can be tiring like , paper checking, form submission, etc. These can be automated with the help of AI with the least human intervention.
- Speed – AI can do a lot of work without stopping as compared to humans with remarkable speed.
- Accuracy – AI reduces the chances of error as compared to humans. Since the machine will always act according to the fixed AI algorithm, there are fewer errors. AI helps us in defining new limits of accuracy and precision with reduced risks.
- Exploration– Artificial Intelligence has helped us to discover many unexplored places like volcanic sites, ocean beds, etc. Humans cannot visit these vulnerable sites as they can’t survive in those places. An AI machine can go to such vulnerable places and can also collect information.
- Data Collection– Data analytics is already a trending technology in the modern-day business world. Industries and businesses know the value of analyzing huge chunks of data and extracting useful information from it.
- Low Cost – If AI is outperforming human efforts, then opting for AI automation will slash costs in the long run for a business.
Some Indian names associated with AI business are Tata Elxsi Ltd., Bosch Ltd., Happiest Minds Technologies Ltd., Persistent Systems Ltd., etc. The number of AI start-ups in India has significantly increased in recent years. Some overseas companies like Google, Apple, Amazon, Microsoft are already using AI.
The future scope of Artificial Intelligence keeps on increasing due to new job roles and advancements in the AI sector. Various roles in an AI career are, AI analysts and developers, AI Data Scientists, AI Software Engineer, AI Architect, AI Researchers, AI Algorithm Specialist, Robotics Expert, Military and Aviation Experts, Maintenance and Mechanical Engineers, Surgical Al Technicians, etc.