The Scope Of Artificial Intelligence

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Prashant Singh
May 23, 2019   •  25 views

The World has been growing with the new technologies which works as the substitute for humans, among them Artificial Intelligence is the one which is reshaping the global economy in a broad way. Before jumping into more details regarding this topic let me explain what Artificial Intelligence really is.Its just a small example of using AI in the physical world.In addition to this sector, AI will be helpful in infrastructure, transportation and social issues like healthcare, education and agriculture.

AI is a simple term or in layman language, it means the ability of a machine or computer to program and to think and self-learn. The main reason of using AI is to create a system or a technology which implements human intelligence in machines to increase productivity which will be helpful for the economic growth of any nation.India has been playing the most prominent role in the field of Artificial Intelligence, It is one of the top five major countries which has a large number of AI driven startups.A new report published by the economic times says that start-ups show 108% growth in funding in India in 2018 and Artificial Intelligence was among the fastest domain which showed the fastest growth among other sectors.AI is going to play a major role in providing for the stable and long-term solution across sectors like Industrial sector where humans would be replaced by robots which will increase the efficiency but where it will still require a human in the loop to finish the task.AI enabled machines will help replace humans in dangerous jobs where it is difficult to work for them. Its just a small example of using AI in the physical world.In addition to this sector, AI will be helpful in infrastructure, transportation and social issues like healthcare, education and agriculture.

AI is mainly relied on high quality of data collection and a good connectivity which helps to run this technology smoothly. We as one nation have to work on issues like data collection, analytics and security while adapting AI.In the next five years Artificial intelligence is going to dominate the business sector in terms of production, sales and marketing. In many countries car manufacturers have started making driverless cars using Artificial intelligence which is more accurate and helpful in reducing the number of road accidents. Most of the assembly lines in industrial sectors have now been totally replaced by AI operated robots.So, in the long-run AI is going to be very useful for faster growth of a nation and its Economy.

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