Our society is undergoing a number of technological advancements. In a few decades, it will look drastically different from how it does now. One significant factor that influences and transforms several aspects of everyday life is the rapid growth of the artificial intelligence and robotics sectors.

Scientists, industry professionals, and other people have different perspectives on the likely results of AI and robotics development. In ThinkML perspective, smart technologies have limitless potential and tremendous benefits that are directly connected with the “rise of the machines” and dependance of humans on them.

Outstanding Applications in Several Sectors

Artificial intelligence (AI) is not a new idea; rather, it is now being incorporated plus applied in several sectors. Among them are the financial, national security, healthcare, criminology, travel, and smart city sectors. There are several examples of how AI is already changing the world and greatly enhancing human abilities.

1.     Quick Identification Checks

Products and services such as changing an insurance policy, registering for a new passport, and opening a bank account will be available online. It will be accomplished by extracting digital data from ID cards, using verified digital identities, and using face recognition software for online identity verification. The consumer will be guided through the procedure by intelligent robots. Know your customer (KYC) will be remote and paperless in the future, decreasing compliance costs, bureaucracy, and approval timeframes.

2.   Critical Tasks Accomplishment

AI companions will help senior citizens maintain their independence and stay in their houses for a longer time. AI technology will guarantee the provision of nutrient-based meals, the safe access to products on top shelves, and the monitoring of activities in a senior’s home. The tools may help with window cleaning, grass mowing, and even showering and personal hygiene. Additional manual and repetitive jobs are excellent for AI-based solutions. Moreover, Artificial intelligence is the best alternative to do dangerous tasks like mining, firefighting, mine clearing, and dealing nuclear substances with even more accuracy.

3.   The Impact of AI and Robotics on the Manufacturing Industry

The first primitive robot entered the factory floor almost 50 years ago. A manufacturing organisation nowadays is difficult to imagine without automated lines, metal robotic arms, and other industrial equipment. In the industrial sector, robots have established themselves as the new standard and have significantly improved a number of manufacturing procedures.

Current factory robots innovations include hardware integration with cutting-edge gadgets like Sensor technologies, Big Data, cloud services, and AI (machine learning) algorithms. It results in empowering  mart manufacturing techniques. These robotic systems are capable of doing more complex, repeated activities than simple ones like loading/unloading, building, or changing parts. They can also do out cognitive tasks like improving processes and making snap judgements without human involvement.

4.   Artificial Intelligence in Healthcare

AI and robotics are examples of contemporary technology that help advance digital health and significantly enhance medical care. Robots are essential surgical tools because they reduce patient recovery time and increase precision and minimal invasiveness during operations.

Telemedicine is becoming easier to access thanks to chatbots and consultation applications driven by AI. By analyzing patients’ health records and relevant data, additional intelligent apps medical wearables, may make precise diagnoses.

Because of their capacity to improve the accuracy and availability of medical services, intelligent software and technologies have immense promise in healthcare.

5.    Fashion, Retail, and Shopping

The retail sector has long benefited from artificial intelligence and machine learning. Artificial intelligence is supporting retailers in better comprehending their target audience through research methodology. Data, which is the new currency in the digital age, has the power to build or destroy a business.

Further, businesses are using predictive analytics to extrapolate customer behaviour from sales data. E-commerce websites leverage their users’ location, search history, and regional search tendencies to propose products. Additionally, consumers can receive purchase recommendations from shopping websites like Amazon based on historical sales data.

AI helps businesses by tailoring the messages they send to potential customers, which helps them improve their online storefronts. Content development is time-consuming, but merchants may deliver customized messages and offers to customers using AI’s Natural Language Generation (NLG).

Organizations use robots to manage stocks and the sales floor, offering the highest level of accuracy while reducing costs. The fashion industry’s distribution network and retail outlets are being increasingly replaced by AI solutions.

AI-induced systems execute monotonous operations such as clothes sorting and stitching with greater precision and speed. Robots can sew textiles precisely and detect defects in the material, guaranteeing quality assurance.

6.   Technology Revolutionizing Agriculture

You may perceive it as a surprise, but agriculture is one of the industries most influenced by robotics and artificial intelligence.

When it comes to harvesting and pest- and weed-controlling spraying, agricultural robots do better than human workers.  These are machines and drones that evaluate agricultural and soil conditions, determine how the weather and other environmental factors affect plants, and predict results using machine learning, computer vision, or intelligence algorithms.

7.    Is Driverless Transportation Possible?

Drones and driverless vehicles will be the major modes of transportation for all items, from veggies and snacks to immunizations. AI technology will direct autonomous cars to their final destination in real-time, controlling whether to accelerate or decelerate, increasing fuel economy, reducing delivery delays and lowering maintenance costs.

Finishing Up

Robotic hoovers and smart espresso machines are just two examples of the home technology that people are already adopting to assist them in their work. Personal assistants including Siri and Alexa help you find information, make purchases, and control smart home gadgets. The development of such services will undoubtedly continue as client demand grows.

In wrapping up, intelligent systems and big data analytics are ready to change a variety of sectors. In the areas of finance, public safety, healthcare and education, criminal justice, aviation, and building automation, significant deployments have already altered marketing strategies, reducing risk, and system stability. These technologies have positive effects on society and the economy. Nearly every industry and population on the world will be affected by robotics and AI soon. The Internet of Things and big data have all developed more quickly thanks to artificial intelligence, and this trend is likely to continue.

While some businesses are only beginning to embrace AI, others have done so for quite some time. They both have a lot of work to do. Whatever the case, it is difficult to dispute the significance of AI in our routine task management.