Original article can be found here (source): Artificial Intelligence on Medium
Artificial Intelligence Empowering Business Growth for Entrepreneurs Today
A few years back, no one had even heard about Artificial Intelligence. But today, it is the most advanced technological feat achieved by humans. In simple words, A.I or Artificial Intelligence is a technology that can learn from the data and perform as required. Just like Human Beings!!!
From attaching doors in manufacturing plants to suggesting the right choice to the customers, AI has marked its presence in almost every field. It is the only tool present in the market which can help any business, irrespective of its size, to improve productivity and efficiency. Here I present some of the industries which have a future with the technologically advanced product.
Artificial Intelligence has enabled every business to provide a hassle-free customer support system. Natural Language Processing, a by-product of Artificial Intelligence, powered ChatBots can interact as swiftly and precisely as their human counterpart. They also can study the browsing pattern of the customer and suggest to them the best possible option for purchasing. This achievement makes AI one of the most demanded tools in the E-Commerce sector.
Finance is in Profit:
Banks have the most valuable data, any individual, along with several trillion of data about the daily transactions happening all around the world. Due to this digitally developing world, every day, billions of people are quickly accessing their banking credentials and completing a successful transaction with just some mere touch of fingers. All this data related to those billions of transactions are stored and evaluated by AI-driven tools to find any possible mistakes and improve the model. Resulting, banks are on absolute profit.
While browsing through a website, an individual can see many ads besides the main content of the website related to the latest search conducted by that particular individual. This advertisement is done by collecting trillions of data and computing them to find the exact match to the search results, and Artificial Intelligence does this miracle. It also enables advertising agencies to expand their reach and connect to anyone present in any corner of the world.
Laws and Lawyers, Both are Improving:
Only because of Artificial Intelligence, we can locate any loopholes in the heap of rules and regulations. AI is capable of judging and every minute section of our law system and help lawyers find any loopholes or provide any better suggestions to improve the whole law system so that no innocent get punished by the mistake of law. This most advanced tool is a boon for the law firm as it also reduces the manual task of searching any queries from the vast collections of cases submitted in both the past and present. READ MORE