AI in industry

Artificial intelligence in the industry has been making its way in recent years. In fact, you may be surprised by all the uses and applications of this scientific field, seeing how it has made its way not only into new industries, but also into much more established sectors, such as the health industry.

Even the industries that have nothing to do with the field of computing and artificial intelligence are benefiting from the successive innovations taking place in this field.

If you want an overview of how the AI industry has taken hold, keep reading to discover some of the most important examples and applications. Get inspired and train as a specialist in artificial intelligence!

What is artificial intelligence?

Artificial intelligence (AI) is a broad branch of computer science that deals with building intelligent machines capable of performing tasks that normally require human intelligence.

Alan Turing’s article ‘Computing Machinery and Intelligence’ (1950) and the Turing Test established the fundamental goal and vision of artificial intelligence.

The concept of artificial intelligence has given rise to many questions and established multiple debates, which is why, in general, a single definition of this branch of scientific research is difficult to accept. In fact, defining AI as “building machines that are intelligent” comes up short, because this definition doesn’t really explain what artificial intelligence is.

What makes a machine intelligent? There are many theorists who have tried to give a single definition, but, in the end, this discipline has explored four different approaches for this: 

• Think like a human
• Think rationally
• Act like a human
• Act rationally

For this reason, AI is a multidisciplinary science that can be explored from multiple approaches, but advances in Machine Learning and Deep Learning are generating a paradigm shift in virtually every industry sector. In this article we are going to delve a little more into how AI affects the industry and its uses and applications.

Artificial intelligence in industry

Each of the following industries uses AI in many ways. We’re going to provide several examples of the use of artificial intelligence in the industry and how it benefits business processes and people.

Healthcare and medicine

It seems logical that AI in the health sector is one of the most important applications and one where research is being carried out more exhaustively. Medical professionals at all levels have encountered artificial intelligence to some degree, as AI is starting to take hold in this sector and helping automate processes across the board.

Robotics

Industrial robots, also known as manufacturing robots, are able to automate repetitive tasks, prevent or reduce human error to a minimum rate, and allow human workers to focus on more productive areas of the operation.

With the addition of artificial intelligence, an industrial robot can monitor its own precision and performance, and train itself to improve. Some of them use artificial vision systems to work in safe conditions alongside human workers.

Inventory management

Machine Learning solutions, for example, help in inventory planning as they are good at forecasting demand and planning supply.

AI-powered demand forecasting tools provide more accurate results than traditional forecasting methods. These tools allow businesses to better manage inventory levels so that out-of-stock issues are less likely to occur.

Marketing

The marketing sector is another industry that can take advantage of the different approaches and systems related to artificial intelligence, benefiting from both full and partial automation.

For example, data analytics powered by machine learning is essential for any AI-powered marketing solution. In fact, data is tremendously important in marketing today and an asset that is managed daily.

Some ways in which the AI industry is incorporated into marketing include using data about potential customers, contacts from email lists, random site visitors, and those who sign up for one-time promotions, such as webinars, etc…

For this reason, it is essential to facilitate the work of specialists in order to optimize all the processes that involve measuring and developing metrics and statistics.

Small companies

The purpose of AI is to automate tasks that are time consuming if performed by a person. Typically, when we think of AI in industry, we think of large companies as those that can benefit the most from AI automation, but small businesses can also benefit from it.

Amazon and Netflix use artificial intelligence to provide their customers with recommendations based on their interests. Taking them as an example, this is something that can be applied to smaller e-commerce companies that can benefit from simple AI systems to offer a unique experience and recommend their products to potential customers.

Quality control

Assembly lines have become autonomous, interconnected, and data-driven networks. These assembly lines work based on a set of parameters and algorithms that provide guidelines to produce the best possible final products.

AI systems can detect differences from usual results by using machine vision technology, since most defects are visible. In this way, when a final product presents a lower quality than expected, artificial intelligence systems activate an alert so that users can react and make adjustments.

Become a specialist in artificial intelligence!

Now you know more about the uses and applications of artificial intelligence in the industry. A field in constant growth that will experience great transformations and evolutions over the next few years. An evolution that you will want to be a part of.

However, in order to achieve this, it is necessary that you train and specialize in AI. With Tokyo School’s Artificial Intelligence Specialization course you will be able to acquire the necessary knowledge to enter this exciting profession. Do not wait any longer! Fill out the form below and request information now.