How Visual AI Will Empower Real Estate Industry

Original article can be found here (source): Artificial Intelligence on Medium

How Visual AI Will Empower Real Estate Industry

Visual artificial intelligence can play a transformative role in improving the efficiency and safety of construction sites, by giving developers a transparent overview of their projects The emergence of Artificial Intelligence (AI) and Machine Learning (ML) has transformed the role of digital technology in business operations. These cognitive technologies have boosted the value addition of computing and digital processing power, from pre-programmed process automation to turning data into actionable insights. AI is allowing businesses to be ultra-responsive in real-time, achieve system transparency and gain valuable insights into customers, markets and processes. The applications of AI are not only vast in themselves, but the technology can also be integrated with machines and human users through multiple interfaces. For instance, Audio AI allows humans to interact with machines using natural language processing algorithms. Communication between machines and humans using speech creates the opportunity to develop truly intuitive and accessible interfaces. Audio AI has played a crucial role in the emergence of chatbots, which businesses use to provide consistent and efficient customer service. By combining Audio AI and ML, the latest generation of chatbots uses algorithms to derive actionable insights, and to formulate intelligent responses. Recursive learning allows chatbots to continually improve and apply predictive analytics to make accurate decisions. Popular digital assistants, such as Siri, Alexa, and Cortana are chatbots that have transcended customer service to deliver wider applications and flexibility than traditional interfaces. Most importantly, users are able to indulge in dynamic and productive interactions, without the need to rely on any specialized skills or knowledge. The next generation applications of Audio AI could comprise of advanced interfaces, instant transcription, apps that turn Big Data into succinct natural language stories and much more. While Audio AI gives machines and digital resources the ability to communicate with humans, Visual AI gives them the power of perception.

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