Applications of artificial intelligence
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AI is being applied in healthcare, entertainment, finance, and data security. In healthcare, AI can analyze large amounts of medical data to help doctors spot patterns and determine if hospitalization is needed. In entertainment, AI makes recommendations for movies and products on services like Netflix based on users' interests and behaviors. In finance, AI performs fraud detection and uses natural language processing to analyze social media sentiment and provide financial advice. For data security, AI helps identify software vulnerabilities and protects against growing cyber threats.
Applications of artificial intelligence
- 2. Some Applications: ď‚´AI in Healthcare ď‚´AI in Entertainment ď‚´AI in Finance ď‚´AI in Data Security
- 3. AI in Healthcare AI and ML technology has been particularly useful in the healthcare industry because it generates massive amounts of data to train with and enables algorithms to spot patterns faster than human analysts. Like medecision developed an algorithm that detects 8 variables in diabetes patients to determine if hospitalization is required
- 4. AI in Entertainment  A familiar application of AI in everyday life is seen with services like Netflix or Amazon, wherein ML algorithms analyze the user’s activity and compare it with that of other users to determine which shows or products to recommend
- 5. AI in Finance Financial services companies use AI-based natural language processing tools analyze brand sentiment from social media platforms and provide actionable advice. Fraud detection is an important application of AI in financial services. Chatbots, powered by natural language processing, can serve banking customers quickly and efficiently.
- 6. AI in Data Security Cyber attacks are becoming a growing reality with the move to a digital world. There are also concerns about AI programs themselves turning against systems. For example: AEG is a bot that can determine whether a software bug, which may cause security issues, is exploitable.