When most people hear the term Artificial Intelligence, the first thing they usually think of is robots or some famous science fiction movie like the Terminator depicting the rise of AI against humanity.
However, it’s not even a step towards the current truth about AI. Artificial intelligence refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning, analyzing, comprehending, and problem-solving. The **applications of artificial intelligence in the real-world **are perhaps more than what many people know.
Introduction to Artificial Intelligence
The ideal characteristic of artificial intelligence is its ability to rationalize and take actions that have the best chance of achieving a specific goal or defined operations. With the advancements of the human mind and their deep research into the field, AI is no longer just a few machines doing basic calculations. The **applications of artificial intelligence **are wired using a cross-disciplinary approach based on mathematics, computer science, linguistics, psychology, and many more domains.
Artificial intelligence and its applications are endless. Technology and AI applications can be applied in many different sectors and industries to generate the maximum output out of the operational front. In the current time period, AI is being tested and used in the healthcare industry for dosing drugs and different treatment in patients, and for surgical procedures in the operating rooms as well.
Other examples of machines with artificial intelligence include self-driving cars, automated systems, computers that can play games like chess, and much more. These examples of artificial intelligence implementation also have to ensure that each of these machines must weigh the consequences of any action they take, as each action will impact the end result. In chess, the end result is winning the game. For self-driving cars, the computer system must account for all external data and compute it to act in a way that prevents a collision.
_You may also like to read: _What is Applied AI?
Apart from helping us in the technological sectors, various examples of artificial intelligence can be found in the financial industry, where it is used to detect and flag malicious activities in banking and finance such as unusual debit card usage and large account deposits. These AI applications help a bank’s fraud department in detecting any unusual behavior from their customers or external parties. Applications for AI are also being used to help streamline the trading industry. This is done by making supply, demand, and pricing of securities easier to estimate through building comprehensive analysis algorithms. Now that we have understood the various aspects of ai intelligence and its usage in different sectors, let’s take a look at the list of Top 15 Applications of AI.
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