From Paper to Pixels: The Digital Transformation of Insurance in 2024
Insurtech—once a niche buzzword—has become a driving force in one of the world’s oldest industries: insurance. But what does this …
Artificial intelligence (AI) has transformed the world and has evolved in more ways than we can imagine. Man has always felt threatened by AI due to its magnificence and chances of taking over human tasks completely. Still, now that we are on top of technological advances, we have realized many of the benefits it has for us. AI technologies will bring light in the dark and help in the most challenging times.
It has been around for decades, but some spaces need big changes, while some areas have proven helpful beyond our wildest dreams. These are the most important players that are changing the game in AI Technologies, which have passed to the next level in 2021:
Smart devices
We are surrounded by smart devices that connect us digitally and globally to everything. Smart devices like wearables, portable devices, smart homes, and more are all around us. With the help of artificial intelligence, they have become part of our lives and are widely and often used – smart speakers, smartwatches, smart security cameras, and much more.
Content Creation
Today, content is king, and the more informative your content is, the more reviews and responses you will receive. Whether it’s creating videos, blogs, images, news, ads, it all checks people’s creativity. But soon, this will be taken over by AI, which will exceed human capabilities. Brands such as USA Today, Hearst, and CBS already use AI Intellects to do business in their offices.
Cybersecurity
Every day we move to the digital world. By increasing the number of users of digital technologies, crime is accelerating the birth of cybercrime. The fight against cyber criminals requires technological advances in AI, which is why Cybersecurity comes to the rescue in data theft. It can intercept, recognize and moderate threats and attacks against data and system infrastructure.
Biometrics
It has proven to be one of the advanced futuristic AI technologies used for security and identification purposes. There are many biometric technologies such as touch and face recognition, DNA matching, retinal and iris recognition, voice recognition, and more.
Self-driving cars
The future will be filled with autonomous cars capable of driving the fastest and safest work route, home, etc. The future is here with fully self-driving cars that would help reduce collisions and burdens on a driver with the help of AI. One such example would be Tesla, which introduced the Autopilot with an advanced driver assistance system.
Many AI technologies are not mentioned here, such as hardware optimized for AI, computer vision, text and NLP analysis, management solutions, and peer-to-peer networks. The world will soon experience the strengthening of AI, big data, analysis, machine learning, IoT, AR / VR, and robotics. You just need to sit tight and wait to see the future advance and at your fingertips.
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