Commercial Uses for AI, Artificial Intelligence
AI has been used in various forms since the early days of computing. In the 1980's early forms, called "expert systems", were briefly popular, but largely due to poor subject matter knowledge and implementation, they failed to gain traction. As processing and storage capabilities increased geometrically, faster and better means to mimic human decision making began to emerge.
Commercial Applications of AI:
- Retail: From inventory management to personalized marketing, AI aids in understanding consumer behavior and optimizing logistics.
- Marketing: is one of the first uses for AI, helping potential customers find precise solution packages to meet their needsand greatly reducing tiome spent of phone calls with staff - and the time it takes to train those staff.
- Customer Support: is a natural fit, as AI can document known issues and their solutions, allowing customer to self-remedy problems.
- Healthcare: AI helps in diagnostics, drug discovery, personalized medicine, and patient management systems.
- Finance: AI is used for fraud detection, algorithmic trading, credit scoring, and customer service automation.
- Automotive: Autonomous vehicles rely on AI for navigation, safety features, and driving decisions.
- Manufacturing: AI contributes to predictive maintenance, quality control, and supply chain optimization.
- Entertainment: AI in gaming for smarter NPC behavior, in music for composition or recommendation, and in video production for special effects or editing.
- Security: AI enhances cybersecurity by detecting anomalies or threats in network traffic.