Technology is developing each day. With the goal to make lives better, there have been major developments in software technology over the last two decades. This has made technology an inevitable part of our modern lives, where the normal everyday chores are improved using technologies, for example, Artificial Intelligence and Blockchain.
In spite of the fact that these developments have covered a long distance, yet there is still a scope for development and enhancement. Here, we will see two such major technologies: Blockchain and AI. They are the latest tech buzzwords to find the possibilities of a better future having them clubbed together.
Before we explore the possibilities of using their powers combinedly, we should have a thorough understanding of them as individual technologies.
What is Artificial Intelligence (AI)?
Artificial Intelligence is the technology that has helped the computers (machines) to stimulate and depict a human-like intelligence. The machines mimic the cognitive abilities to show human-like behavior.
The main purpose for development of Artificial Intelligence is to give a customized feel to computer-oriented functions. Simultaneously, it also focuses to decrease the dependencies on human assistance, by using advanced computer based operations for the decision making.
AI is developed to help experts in different fields by rendering the logical decision making services at larger scales. It is just because of the advent of AI that software, can offer a highly customized service to the end users. The whole concept of software assistants like Alexa, Google Assistant, Siri or Cortana is based on the basics of AI.
Applications of Artificial Intelligence-
Artificial Intelligence is a wide field of technology that has been successful in improving the tasks over various areas spanning from architecture, construction, e-commerce, education, healthcare, advertising to software assistants and smart household.
Artificial intelligence functionalities are used in different applications of AI to improve the business operations. While the reactive machines and limited memory are the basic types of AI functionality that are largely observed as real-life applications, the Theory of mind and Self-awareness are yet to be explored to release the real power of AI.
Applications of AI in different industries:
1. E-Commerce-
E-commerce portal tracks their users’ activities to show more customized proposals for them, according to the predictions of user behavior pattern that are made using AI. This brings out the products that the customer may need, improving the chances of them buying them out. Artificial intelligence allows E-Commerce to use the power of data analytics to upgrade the user experience and increase the sales figures.
Read more at- http://b.link/blockchain86-src_blogger
No comments:
Post a Comment