AI is now a staple in people’s lives. Many people resort to AI to help them with their everyday tasks. AI has integrated into everything without our notice to make the world more accessible. It has slowly become a part of our daily lives without our notice, and some advocate for the correct usage of AI. There are many recordings of AI use cases in several fields, and some you have not known about. Let’s dig in.
AI Use Cases
There are many AI use cases in several fields. Some of these fields have no technical background and use AI to make their research or the many processes they undergo easier. Here are some areas that use AI:
Healthcare
One of the AI use cases is in the healthcare sector. AI is currently in deployment in different ranges of healthcare services, which includes data mining for identifying patterns and carrying out accurate diagnoses along with finding treatments for medical conditions.
Moreover, AI is of use in other medical fields like medical imaging, medication management, drug discovery, and even robotic surgery.
AI also helps in selecting a treatment plan and in analyzing the patient’s medical record to identify potential treatments.
Retail
In the retail sector, AI helps retail organizations meet and exceed their customers’ evolving news and expectations. Retail works based on algorithms, and AI is now integrating into the retail business to form the right algorithm for customers to determine which products they are more likely to buy.
Another one of the AI use cases in retail is the available chatbots on e-commerce websites that are powered by AI
Banking And Finance
In the banking and finance industries, AIs are acting as replacements for human agents to process loan applications in seconds. Moreover, these AI financial advisors can sift through multiple levels of data in seconds to recommend the right investment decisions for customers.
They can also analyze the customers’ social media activities, emails, and other personal data to determine the sectors that meet the customers’ needs.
Overall AI chatbots are dispensed in the insurance area to enhance the customer experience create insurance plans and more. Furthermore, we can use AI technology to detect fraudulent transactions by analyzing various data points.
Real Estate
In the real estate area, AI bots help brokers and agents effectively serve the needs of people looking to buy, rent, or sell their properties. It could also be of use in different ways such as:
- Professionals can use AI to analyze market conditions, property prices, and other factors to establish property values, trends, and investment opportunities.
- There are different models of AI. Here we can use the predictive modeling component of AI to predict rental income, property prices, and other angles affecting the real estate market.
- One of the uses of AI is through Smart home technology, such as thermostats and security systems. This use helps enhance energy efficiency and security in your properties.
Travel
Like every sector in the AI use cases, chatbots are also a staple in the Travel area. Companies use them to improve customer service and engagement and they became popular due to their 24/7 presence. Moreover, companies made use of AI for mobile apps.
And AI can help travel companies increase their conversion rates by identifying customer behavior and purchasing patterns.
Media
The most popular area of the AI use cases is the media branch. The media department makes use of AI in many creative ways such as:
- AI can analyze user preferences to provide personal content recommendations. This enhances user experience and engagement.
- People can use AI for video and image analysis, such as object recognition, and facial recognition, enabling better content organization and targeting.
- AI can also detect fraudulent activities, such as fake user accounts or click fraud. This helps platforms remain safe and secure for use.
Education
AI is even popular in the more traditional education sector. It is used in different areas such as:
- AI helps to personalize educational content and applies adaptive learning paths based on the students’ needs.
- There are AI tutoring systems that can provide personalized guidance, and feedback, and assist students, enhancing their learning experience.
- AI can analyze the students’ performance data discovering patterns, trends, and areas of improvement. This helps create an all-personal experience for each student catering to their every need.
- Virtual assistants become available to answer questions, provide educational resources, and assist in administrative tasks.
Fashion
In the fashion industry, AI algorithms help identify current and emerging trends, customer preferences, and fashion influencers. This is done by analyzing huge amounts of data from social media, fashion blogs, and online platforms.
Recommendation systems can analyze customer data, like purchase history, browsing behavior, and style patterns this helps create a personalized product recommendation.
Moreover, it can also analyze images and identify specific patterns, colors, or designs. AI can also help detect counterfeit products by comparing images and identifying discrepancies.