When people think about AI, they think about robots destroying the economy, taking over human jobs, and leading to mass unemployment. However, AI is far more than robots that can replace humans.
For now, there’s no reason to fear AI. It’s already present in multiple industries and proves to be a tool that people use to streamline business processes. At the moment, AI doesn’t steal people’s jobs. In fact, it has created new positions, some of which pay very well. For example, an average hourly rate of an AI expert can be over $150.
The AI tools will undoubtedly bring many more benefits in the future. Chances are, AI will be implemented across industries, and this is how it can change people’s lives.
1. Medicine Will Improve
When the pandemic hit, AI was used to help caregivers focus on high-risk patients and foresee the need for beds and ventilators in hospitals. However, artificial intelligence can do way more than that. In the future, AI can be improved and used in the following sectors:
- Drug development
- Disease diagnostics
- Analytics on health plans
- Health monitoring
- Digital consultation
- Medical data management, etc
For example, in drug development, AI and machine learning can be used for drug discovery, where AI can target protein structure prediction. Furthermore, AI can be used in clinical trial design and monitoring, where it can collect data on patient dropout or handle the subject selection and enrolment. It can also help in automating manufacturing.
Humanity has already seen how AI assists in disease diagnostics, and chances are it will improve in the future since experts have already started feeding it the necessary information. With enough data, AI and machine learning will speed up diagnostics, minimize the chance of errors, and help doctors save time for more critical patients.
When it comes to health monitoring, AI can be used remotely and reduce the need for in-house nurses. With the evolution of telehealth, patients can gain access to devices and apps that will keep track of their health and, if necessary, notify their caregiver. These devices can also be used for educational purposes, where doctors could record explainer videos for their patients.
2. Transportation Will Change
At the moment, AI is established in the automotive industry as a tool that speeds up the production process, but that’s not the only application. AI has the ability to make transportation safer, cleaner, more reliable, and efficient.
Inadequate roads and infrastructure play an essential role in the safety of transportation. Still, the human factor keeps on being a significant contributor. Speeding, drunk driving, and distractions can all be reduced with the implementation of autonomous vehicles. Thus, AVs will likely mitigate accidents and improve road safety in the near future.
People can also use AI to reduce the number of inefficient trips and optimize routes. This could improve the reliability of public transport. On top of that, AI could provide accurate transit time information and improve public transportation users’ satisfaction.
Another benefit of reducing inefficient trips is that it will also reduce carbon emissions. Optimized routes also improve fuel efficiency. One example is Ant Colony Optimizer, based on ant colony behavior and the way ants find a shorter path between two points. This type of AI app can improve the routing of public and rideshare transport.
3. AI Will Improve Marketing and Sales
In today’s day and age, businesses need to focus on their online presence. To do this, they need to utilize various marketing channels, social media, and other tools to increase their visibility. This will likely be the case in the future, where companies will utilize multiple AI tools to beat the competition.
Since machine learning is great for big data analytics, it can provide valuable insights into customer needs, interests, and journeys. For example, businesses can see how long someone stayed on a particular page or browsed for a particular product. This allows companies to improve their products and services and remove the guesswork from customer interaction.
One specific example of how AI is beneficial for businesses is the use of chatbots. Chatbots are AI tools that are easily installed on any website and serve to simulate a conversation that a customer would normally have with customer support. Chatbots can keep the customer on the website by answering simple questions, presenting the latest products, or redirecting the person to an agent. This improves customer satisfaction and, in turn, increases ROI.
AI also has the power to create content for websites and automate content distribution across marketing channels. Even though AI writing tools still aren’t completely capable of reproducing high-quality content, they help writers in writing their articles and editing them to perfection. In the future, these tools can only improve and assist people even more.
4. Education Will Be Different
AI can also affect the quality of education. It can improve how teachers and professors handle their work and help students become more successful in school. For example, since teachers and professors have to deal with many administrative tasks each day, they can utilize AI to speed up the process of grading tests and creating exams.
Each grade has different needs in terms of content, and AI robots can create customizable learning interfaces and content that fits each generation. The content can also be made in various forms, like videos, text, or audio, depending on students’ needs and abilities.
The combination of AI and virtual reality provides the interactivity that some courses require. It provides a memorable and immersive experience and can also help students connect with experts worldwide and learn directly from the best. This opportunity is great for medical students, who can safely train using VR.
Summary
The technology of today has helped humanity so far, and it will likely continue to assist in the future. Experts are continuously working on developing new tools that can improve the lives of many, including patients, students, or marketing experts.
AI found its place in healthcare, transportation, digital marketing, content distribution, and education, but it won’t stop there. It will expand to other industries and likely be used to assist employees instead of taking their jobs.
