If you are into technology and innovation, then I am sure that you know all about artificial intelligence and all of the capabilities that it has. It really is remarkable how much we are doing and innovating with artificial intelligence.
If you are unfamiliar with the topic, then I have listed some of the major examples of artificial intelligence and how it is impacting some people’s lives.
Artificial intelligence image reading is something that has huge potential to impact lives in a positive way. Imagine that if artificial intelligence can process an image, then we could theoretically have a car drive itself because it can see objects and stay on the road.
Image recognition is a relatively new concept in the grand scheme of things, but it is advancing at a rapid pace. When we fully understand and can implement image recognition, then you are going to see huge benefits from it. The possibilities are endless, and we have already thought of ways to implement it like with self-driving cars.
The next major impact that I will introduce you to is artificial intelligence and the investing world. Did you know that up until recently the major traders used to do it all manually?
Well, know we are finding out that we can program artificial intelligence and it can process way more than us, and learn along the way until it is much better than a human at investing. Artificial intelligence can process way more data than we ever could, and that plays a huge advantage in the finance world.
A robot advisor can measure risk and make the appropriate investments to really trade well and make better returns than a human trader. I feel like we are just scratching the surface with how great robot advisors can be and their potential. Wall Street is already starting to use the benefits of artificial intelligence to trade for them and make them more money.
It will be something to look out for to see if artificial intelligence traders take over in the space.
The last major example is already something that you have likely experienced if you use Google. Have you realized that sometimes the suggested searches already finish the phrase that you were typing in?
That is a result of great artificial intelligence. Search engines are becoming scary good at predicting exactly what you are about to say before you even have to type it in. Predicting what you are typing into the search bar is only just scratching the surface of how great artificial intelligence can get.
What if one day, a “smart fridge” will know that you are running low on eggs, milk, or beverages, and it already puts an order in for you to the grocery store? Things like that are certainly on the horizon with how fast artificial intelligence is advancing.
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