Business Intelligence Trends & Vision

In Lifestyle, Industry, Mobility or Medicine – Artificial Intelligence Gets Real

artificial intelligence robotics

It still sounds like science fiction but artificial intelligence is real and is changing our lives already today. Many applications in different areas are deployed that are aimed to assist us, make our lives easier and safer and more comfortable, or are meant to use resources more efficiently. Read in this blog about use cases of artificial intelligence in place.

Speech Recognition

Digital assistants are becoming increasingly sophisticated at recognising speech thanks to deep-learning methods. And owing to their artificial intelligence ability, they are even capable of predicting what their users want. The systems have benefited primarily in recent times from AI. Self-learning algorithms ensure that machine understanding of speech is improving all the time. The error rate fell according to a study by McKinsey in 2017 from 27 per cent in 1997 to 6 per cent in 2016.

Collaborative robots

Artificial Intelligence boots quality and productivity in manufacturing industry, and helps people in their work. Computer systems autonomously identify structures, patterns and laws in the flood of data. In this way trends and anomalies can be detected – in real time, while the system is running. Predictive maintenance, particular offers genuine potential for rationalisation. Large numbers of sensors capture readings on the state of a machine or machine line, such as vibration, voltage, temperature and pressure data, and transfer it to an analysis system. Plant operators thus can improve their capacity utilisation by as much as 20 per cent.

artificial intelligence

Intelligent assistants

In just a few years, every new vehicle will be fitted with electronic driving assistants. They will process information from both inside the car and from its surrounding environment to control comfort and assistance systems. For example, the on-board AI computer knows what pedestrians and cyclists look like. In addition to this so-called object recognition, AI helps self-driving vehicles to assess the situation around them, detect and assess complex traffic scenarios.

Assistants for doctors

Cognitive computer assistants are helping clinicians to make diagnostic and therapeutic decisions. They evaluate medical data much faster, while delivering at least the same level of precision. According to a PwC study, AI applications in breast cancer diagnosis mean that mammography results are analysed 30 per cent faster than by a clinician – with an error rate of just one per cent. Furthermore, Artificial Intelligence was able to predict with greater than 70 per cent accuracy how a patient would respond to conventional chemotherapy procedures.

To put it in a nutshell, Artificial Intelligence is able to help and assists people in very concrete ways to overcome a range of difficulties in their everyday lives in many areas. If you want to read more about them, you should get the latest issue of the EBV knowledge magazine “The Quintessence”. Order your free copy here and have fun reading.

Leave a Reply

Your email address will not be published. Required fields are marked *