AI reshaping the future: from smart homes to job automation
Artificial Intelligence, abbreviated as AI, involves creating processes that emulate human intelligence to perform specific tasks. The concept of AI is rooted in creating and analyzing mistakes, allowing it to improve its actions based on previously gained experience.
8:14 AM EST, January 13, 2024
According to one of the latest reports, it's estimated that automation could lead to over 50 percent of the worldwide population losing their job by the year 2030. However, there's no need for concern. AI won't take anyone's job; it can simply take over some assigned tasks and make our lives easier.
The application of AI
Artificial intelligence is currently used, for instance, to analyze large data sets and derive conclusions that influence subsequent action planning:
- In statistics, it tracks user behaviour and offers adequately adjusted products and services,
- In chatbots that many companies use for customer service instead of a real consultant,
- AI also powers digital assistants in smartphones. With this assistance, you can get answers to all sorts of questions, play a movie or song through voice commands, and also manage your time effectively.
AI is crucial in machine translations for spoken or written texts and related to automatic content creation.
Artificial intelligence is often overlooked in everyday objects, like kitchen robots, refrigerators, dishwashers, washing machines, and various other household appliances. AI also powers the navigation systems that we have grown to rely on.
Notably, AI is being used in the development of smart cities buildings, and urban infrastructure. Modern thermostats, which help with energy saving, and vehicles with AI-based safety measures, are becoming increasingly popular.
Artificial intelligence data and reports
Data collected by TechJury reveals that 35% of companies already use AI, whereas 42% are researching artificial intelligence, paving the way for future use. What's particularly striking is that as many as 91.5% of leading companies heavily invest in AI.
From CompTIA, we gather more news on this groundbreaking technology. The data show that 97% of mobile users utilize AI-based voice assistants, and over 4 billion devices use voice assistants operating on AI, with about 40% of users employing voice search at least once a day.
Artificial intelligence bots and chatbots
A bot is a program that conducts specific actions in place of a human. Sometimes, its roles include automated imitation of human behavior. Many argue that chatbots are some of the more beneficial devices.
A chatbot is a computer program designed to carry out conversation via a computer. With artificial intelligence, a chatbot can mimic human behavior and deliver automatic answers to common questions by users. Chatbots are particularly effective in various industries, especially sales, customer service, and marketing campaigns.
BloggingWizard shared fascinating data. Here are the most captivating findings:
1. Salesforce reports that 23% of customer service companies are currently using artificial intelligence.
2. IBM states that using chatbots can help reduce customer service costs by upwards of 30%.
3. UserLike reveals that 68% of users are satisfied with the speed of chatbot responses.
Online artificial intelligence
Undoubtedly, AI ranks at the forefront of rapidly evolving technologies. Recognized by both large and small companies and individuals, it's a technology of the future offering undeniable benefits.
These days, it's hard to fathom life without Google Assistant or tools like Alexa or Siri. We can be sure that an increasing number of people will continue to use it.