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5 Industries That Can Benefit From The Use of Artificial Intelligence.

5 Industries That Can Benefit From The Use of Artificial Intelligence.

Artificial Intelligence is no doubt the most advanced technology available in the market right now and every entrepreneur is yearning for a solid understanding of how it is going to benefit them. With the recent developments in this technology, industries and firms can now take advantage of better and safer means of processing, interpreting data, analysis, and automation of services. Below is a highlight of 5 industries that can benefit from the use of artificial intelligence.

The Transportation Industry

The transportation industry is one major area of concern that Artificial Intelligence can really improve. Recently, there has been hype and talk about self-driving ubers that are available in some cities around the World; there has been some truth to some operating in San Francisco.

Artificial Intelligence can be put in place to propel the modern driving systems and soon a self-drive automotive will become a reality. The use of such cars will make the roads increasingly safer for the pedestrian. For the industry players, it is going to decrease the cost of labour with the increase in the use of the technology. With fully automated fleets, driving long hours while taking breaks will no longer be a concern. Let us not forget about the alarming number of truck accidents that happen at night, with this technology, that number can be significantly reduced.

The Healthcare Industry

Artificial Intelligence can predominantly change the nature of patient care delivery. It is the biggest thing to happen to this delicate industry. Although it will receive a lot of criticism, it will eventually be accepted when people see its upside.

Artificial Intelligence will lead to better advancements in healthcare treatments, such as; providing a more accurate diagnosis of diseases, improving the organization of treatment plans and also monitoring the treatments. It will also bring about virtual assistants that will reduce the burden on physicians. This will ultimately reduce the cost of healthcare.

The Online Gambling Industry

There has been talking going on the internet that the online gambling industry, to be precise the slot game, was one of the contributors that led to the push in the development of Artificial Intelligence. The use of machine intelligence in online gambling is a common practice today with many online gaming companies already using the technology to integrate intelligence behaviours. 

The use of Artificial Intelligence in online gambling can be unlimited. Casinos can now use this to power slot game machines to reduce chances of cheating and promote fair gaming trends. During a slot game, the player is playing against an automated system. UK slots casinolike Wizard Slots can now replace these systems with Artificial Intelligence to determine the player’s behaviour and pattern and take necessary action if need be.

The Finance Industry

The benefits of Artificial Intelligence for this type of industry are very straightforward. This technology can be used to detect fake credit cards and combat fraud. Investment companies can apply this technology to their firms to know when to purchase and sell stock. If integrated into investment companies, it would lead to a massive realization of profits. This will then lead to more creation of such companies, and in turn, create more jobs.

Banks will also be more secure.

The Marketing Industry.

When Artificial Intelligence is used correctly in the marketing industry it will translate to a better customer-seller interaction. The marketing industry strives for more personalization and this technology is just perfect for it. Personalized messages to customers will improve their experience at the same time increasing sales. This is going to make the communication with customers and clients more honest, developing trust.

About The Author

The Head Honcho at UrbanVox and Social Media Mad-Man & Gadget Freak should define him in a nutshell – “I Feel naked without my iPhone” Would be the quote that defines him the most. Super dad to 3 monkeys, photographer, designer, dreamer and Lego Fan all in one big package. Usually the guy you will be talking to on Twitter @urbanvox

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