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Home AI

Five Industries That Are Being Revolutionized By AI

by msz991
August 30, 2021
in AI
3 min read
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Today, AI is a technology that is becoming more and more commonplace. Once futuristic and resembling science fiction, AI’s advanced machine learning software is being used by more and more people in everyday life today. AI systems use extensive behavioral algorithms to adapt themselves to needs and requirements, likes and dislikes. Based on a large dataset, AI devices and programs are getting smarter, improving their usefulness and skills in a wide range of industries. Here are some of the common ways that AI is being used today. 

Table of Contents

  • Financial and Business:
  • Smartphones:
  • Cars:
  • Home Living:
  • Entertainment:

Financial and Business:

While AI might bring up images of self-driving cars and robots, AI and machine learning is more often used in the everyday tasks that would once have been menial and repetitive. A wide range of business processes can now be taken care of by AI including billing, invoicing and more. Automated invoice processing with AI reduces time and error when processing invoices and allows companies to reduce accounts payable while quickly flagging any billing scenarios that require extra quality checks, without the need for employees to tackle the job manually. 

Smartphones:

Today it’s hard to find a smartphone that does not come without a personal assistant included. Everybody is familiar with Siri, the voice-activated computer that people with an iPhone interact with a lot. Siri can be used to help find information, get directions, send messages, add events to calendars and more. This pseudo-intelligent digital personal assistant uses machine learning technology to become better at predicting and understanding user requests and questions. 

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Cars:

Cars have become more and more advanced in recent years, with many electric cars in particular now utilizing AI technology to provide an even better driving experience. Tesla, for example, is rated as possibly one of the best cars even made with excellent reviews due to its self-driving features, high tech features and predictive capabilities. 

Home Living:

Smart home hubs like Amazon Echo have become more and more commonplace in homes around the world. Amazon’s smart home assistant Alexa has taken the world by storm thanks to its usefulness and ability to pick up on and understand speech from anywhere in the room. Users can ask Alexa to find general and more specific information, play music, games, and control connected smart devices in the home such as smart lighting, smart appliances and more. 

Entertainment:

AI and machine learning is also being used more often within the entertainment industry to ensure that users are provided with the best entertainment for them. Take Netflix, for example. Most of us now use this massive streaming service that connects us with a range of classic and new shows and movies. Netflix has a powerful, AI-based predictive technology that is based on your past activity and your reaction to movies and TV shows. It analyses billions of records to suggest titles that you might like and the tech is only getting smarter and smarter. 

AI is becoming a common sight in many everyday homes and businesses. Chances are, you use something for your home or work that is powered by this technology. 

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