The scope of benefits of artificial intelligence keep on expanding. Be it the workplace or our home, artificial intelligence dramatically improves productivity. It has indeed liberated human beings from performing menial tasks. Such freedom has allowed us to use our workforce in a much better way. The impact of artificial intelligence in our day to day life cannot be underestimated. Everyday new technologies keep on emerging allowing Artificial Intelligence to make the world a better place.
Here are a few technologies that have facilitated the betterment of Artificial Intelligence.
The scope of Image recognition technology is extremely vast. From unlocking your mobile screens to counting people, estimating the insurance damages and identifying objects within images, this technology has a myriad of usages. It was first developed in the 1960s, but it took decades of research and developments in Deep Learning to transform it in its present form.
It is the ability of devices to interpret spoken commands. It enables users to convert speech into text or show web results using spoken commands. It uses machine learning and other algorithms to perform the tasks. This technology has multiple applications, most popular amongst all is Google translate. It listens to the sentences in one language and translates it to another.
It is a program that simulates conversations. These are generally used by businesses to engage in automated conversations with potential customers. However, their usage is not at all limited to business owners. In our everyday lives we use Chatbots such as Alexa, Siri, Cortana etc. who not only respond to the commands but also interact with the users. Chatbots also use speech recognition AI technology to perform their tasks.
Natural language generation:
It is akin to how we humans convert ideas and visions into words (both verbal and written). It has been a very important technology for the functioning of Chatbots and Speech Recognition. As far as its commercial importance is concerned, NLG has been successfully used to convert data sets into comprehensible, textual summaries.
Understanding the sentiments of consumers regarding a business venture is pivotal for its success. Artificial Intelligence has made the determination of such sentiments possible. This technology is popularly known as Opinion AI or Opinion Mining. It is rightly called so, as the data scientists mine the opinion of the audience and create valuable data for business. All the techniques such as biometrics, computational linguistics, text analysis etc. are used to identify, mine and study this data.
Everyone in this world is now impacted by Artificial Intelligence. The impact is both positive and negative, depending upon how people decide to use it. But if used for good, Artificial Intelligence has the power to change the world for better.