ImpactofArtificialIntelligence

AI can identify Cyber Attacks AI can be easily used to identify unexpected attacks on the cyberspace, including different web platforms and high security based official websites.Hackers use different ways to initiate cyber-attacks and demand for ransom. Within this scenario, sites in need of high security depend upon AI as the primary method to detect cyber-attacks. Besides, it is difficult for hackers to get access to high-security websites because high-security websites depend upon AI to detect any sort of unauthorized entry. A high success rate of AI-based websites in detecting cyber-attacks tends similar sites to choose AI as the primary security measure in general. AI can prevent Cyber Attacks One can see that mere identification of a security threat cannot help a website of virtual platform to keep away from cyber attackers including hackers. Within this scenario, AI can be used to prevent cyber-attacks in different ways. So as to prevent a cyber-attack, the person who ...

  How AI can solve logistics problems and generate value. Artificial intelligence has started to impact the logistics industry, along with the supply chain. We are seeing innovations such as smart roads and autonomous vehicles. In this article, we’ll look at five promising AI use cases in logistics. The potential value to be gained is huge. Research shows it can generate from $1.3 trillion to $2 trillion per year. The primary purpose of many AI implementations in the logistics industry is to automate time-consuming actions and save money. Many tech enterprises (e.g. Google, Amazon) are heavily invested in this technology and leading the field. Intelligent and Automated Warehousing In Andover, England, a large warehouse run largely by robots is able to fulfill 65,000 orders (approx. 3.5 million grocery items) over the course of a week. This is the full operational capacity of the “hive-grid-machine” that was designed and built by British online grocer Ocado. The...

AI becoming an increasing part of education industry As artificial intelligence becomes an increasing part of our daily lives, it’s no wonder that educational institutions are raci ng to catch up with the need to develop more talent to keep the engine of AI development running. However, not only is education being transformed as far as science, technology, engineering, and math (STEM) curricula, but the education industry as a whole is being transformed by AI. Increasingly, educational institutions from elementary to higher education as well as adult and professional learning are being transformed by intelligent systems that are helping humans learn better and achieve their learning objectives. One of the greatest challenges with regards to education is that people learn differently and at different rates. Students go through the education system with differing levels of learning ability and aptitude. Some are more adept at “left brain” thinking with skills for analytical...

Finance Industry If there's one technology that's paying dividends, it's AI in finance. Artificial intelligence has given the world of banking and the financial industry as a whole a way to meet the demands of customers who want smarter, more convenient, safer ways to access, spend, save and invest their money. Few companies who are using AI in their businesses are: ZestFinance is the maker of the Zest Automated Machine Learning (ZAML) platform, an AI-powered underwriting solution that helps companies assess borrowers with little to no credit information or history. Industry impact: Auto lenders using machine-learning underwriting cut losses by 23% annually, more accurately predicted risk and reduced losses by more than 25%, according to ZestFinance. Different Sectors of finance using AI: MANAGING RISK Time is money in the finance world, but risk can be deadly if not given the proper attention. Accurate forecasts predictions are crucial to both the speed and...

Automotive Industry The spread of AI has had a great impact on car manufacturing too. One of the notable changes of recent years has been the emergence of smart and wearable robots that now work with, not instead of, their human assembly line counterparts. Such collaborative robots understand what people are doing and, thus, adjust their motions avoiding injuries. In addition to that, AI-powered painting and welding robots can now identify defects in materials and alert quality control staff. AI chatbots have also been successfully used to speed up the processes of completing custom documents and order queries. Last but not least, AI has been increasingly used in the automotive industry to boost marketing results. For example, according to Capgemini’s report, Volkswagen has been using Artificial Intelligence to predict sales of 250 car models in 120 states. Along with growth forecasts, the software analyzed the information on economic and political conditions and meteorologica...

" Artificial intelligence  ( AI ) is the ability of a computer program or a machine to think and learn. It is also a field of study which tries to make computers "smart". They work on their own without being encoded with commands. " During it's journey over the years Artificial Intelligence has impacted following Industries: 1.       Automotive Industry 2.       Finance Industry 3.       Manufacturing Sector 4.       Cyber Security 5.       Education 6.       Logistics 7.       Mining 8.       Agriculture 9.       Healthcare And the list goes on…