Artificial Intelligence has the potential to disrupt any industry.
According to 2018 Global AI Market Report, its market is anticipated to reach $190.6 Billion by 2025 from USD 21.46 Billion of this year. The way I see Artificial Intelligence in simple language is that we first develop its understanding and educate it, then with the help of that data, it integrates and then answers our problems. It continues to learn and add more to its intelligence. The human race has benefited a lot with its Artificial Intelligence.
So, let’s discuss the five fields that have been the best for AI in these years and is steadily thriving.
Healthcare: Artificial Intelligence is helping researchers in better drug creation for diseases like cancer with minimum effort and time. With Improved Medical Diagnostics to data mining, it’s gaining some notable highlights in Medical Sector. It further assists physicians in surgery and helps keep track of their patients with their full analysis in no time. Major tech giants like Google, Apple Uber, and Microsoft are turning towards Artificial Intelligence. There are many more companies that are abruptly doing pretty great work in this field using AI. The Biopharma company, NuMedii build the technology of AIID, i.e., Artificial Intelligence for Drug Discovery. NuMedii gears up Big Data and Artificial Intelligence to quickly uncover correct integrations of drugs and diseases at a systems level.
We further discussed AI’s influence on Healthcare in our previous blog 5 Ways How AI (Artificial Intelligence) is Transforming Healthcare Industry.
Automotive: Various Companies are studying on Artificial Intelligence to make roads safer. AI is being applied to create autonomous vehicles (such as drones and self-driving cars). Google, Tesla and Apple are utilising AI with over 30 other companies. We saw the first successful driverless vehicle in the Grand Darpa (Defense Advanced Research Projects Agency) Challenge a prize contest for American autonomous vehicles. It was to find a proper technology for driverless military vehicles. Waymo, which began as The Google Self driving car project, started testing self-driving cars in 2009.
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