FET Blogs
Artificial intelligence has been in our lives for a while and has been taken up by a storm. Today, as individuals are webbed into technology and devices, artificial intelligence comes to the rescue to make our lives easier. It helps in impeccable creations that go above and beyond human imagination.
As it takes over our lives for the better, we see it support us via self-driving cars, humanoid robots, and reusable robots and put itself to use when it comes to technical assistance in education, healthcare, business, and industries.
As people from the era of computers and robots, it is essential to move towards open AI with a positive mind, introduce it into our lives, and incorporate it as a support system. For this to be successful and fruitful, we must understand various advantages of artificial intelligence.
Did you know? The education system is improvising its curriculum and assignments to support the growth of students as a research by McKinsey points out that student retention has improved by 30% after AI-powered personalized learning platforms were introduced to students.
When a simple artificial intelligence powered software holds this power, let us explore what it holds to help us better our standard of living.
Algorithms powered by AI have been developed to help detect various diseases in patients showing symptoms of distress. It provides stability and efficiency with drug discovery and surgeries. Various equipments in operation theaters have reduced the rate of error and improving the process of healing.
For example - A study has discovered that AI algorithms can help detect breast cancer as efficiently as radiologists.
Personalized learning is taking over the education industry. With videos, presentations, animations, and simplified explanations of topics, open ai has relieved the stress on educators by lending them a helping hand in classrooms. By automating grading systems, teachers are encouraged to spend more time with students and understand their requirements in terms of interpersonal skills and academics.
Did you know? Around 10 million students globally use AI-based tutoring systems. This helps in bridging the gap with teacher-student ratio.
Large-scale and small-scale industries use advanced technology of AI as a system that reduced the burden of report making and instant replies via customer care. A research by Gartner shares that businesses will be adopting AI chatbots into customer service and over 80% of customers are prepared to overlook errors by chatbots until the service remind excellent. Companies are looking forward to automate certain functions and reduced budget allocation and increase productivity and profits.
Finance and entertainment industries are required to beyond audience and stakeholder expectations with each step. With the help of AI, they bring out nw features and enhance technologies that monitor transactions and fraud. AI has also supported in enhancing images and videos that help to visually please the audience. In the finance sector, about 50-70% of fraud transactions have been monitored via real time transaction monitoring. And by recommendations of AI, 80% of the content viewed on OTT platforms have been according to audience preferences and liking.
Imagining a day without Google Assistant, Alexa, and Siri may not be as we expect it to be. With smartphones gaining popularity and accessible features, over 3.25 Billion voice-activated AI assistants are in use on smartphones worldwide. Artificial intelligence today runs the smartphone market with various app and content recommendations, navigation, and purchasing.
As advanced technology has taken over our lives in various forms, the demand for engineers who work with diverse technologies and open ai are increasing in the industry. If you are interested in working closely with a team that innovate everyday with algorithms and devices, our courses on artificial intelligence, machine learning, data engineering, and more at JAIN (Deemed-to-be University) holds the potential to support your entry into the industry.
As we see diverse advantages of artificial intelligence, we come to realize how much of technology is imbibed into our day to day life. AI has proven to be revolutionary not only in science but also in an ordinary man’s life. Let us take a moment and appreciate the development we see everyday with technology. To be part of this movement, enroll into our B. Tech and M. Tech courses and contribute your ideas and skills into making the world a sustainable and better place to experience the true essence of life.