Artificial Intelligence Applications and Implications

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The assignment provides a detailed report on the applications and implications of artificial intelligence in various sectors. It discusses how AI is being used to improve quality standards of human life, enhance productivity, and solve complex problems. The document also touches upon the future of humanity and how AI will change the world, including sports and construction industries. Overall, the assignment offers a comprehensive overview of the impact of artificial intelligence on society.

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Is artificial intelligence a threat
or an aid to the future of
humanity?

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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Is artificial intelligence a threat or an aid to the future of humanity?.........................................1
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
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INTRODUCTION
Artificial Intelligence is an area and part of computer science. Artificial Intelligence is the
machine that work and react like Human beings. Activities like Speech recognition, Planning,
Problem Solving, Reasoning and learning in Computers are possible just because of Artificial
intelligence. Ability to manipulate and to move objects from one place to another is also a part of
Artificial Intelligence. Artificial Intelligence involves learning with adequate supervision and
numerical regressions. The regression deals in obtaining a set of numerical input and output.
Artificial Intelligence consist of Mathematical Analysis of machine learning and defining the
algorithms and their performance. Artificial Intelligence is the well defined branch of theoretical
computer. The Researchers which are associated with Artificial Intelligence need to be highly
technical and specialized in order to operate it because the reasoning and problem solving in
machines is a difficult task. Robotics is also included in Artificial Intelligence. Robots needs
intelligence in order to do manipulation and navigation activities. The Project Report of
Academic Essay will go to discuss whether the Artificial intelligence is threat or an aid to the
future humanity. The report will further outline the fields in which Artificial Intelligence is
useful. Lastly the Report will support its answer with giving justification.
MAIN BODY
Is artificial intelligence a threat or an aid to the future of humanity?
There are lots of buzzes revolve around the Artificial Intelligence whether it is an aid or a
threat. The answer is that the Artificial Intelligence is an aid to human society. Artificial
Intelligence brings the evolution of computing. The artificial intelligence provide new era to
increased the productivity and it is helpful in enhancing the quality of living. Artificial
Intelligence is a very effective tool for augment Human intelligence (CHEONG, 2019).
Artificial intelligence is software helps in problem solving. New up gradation of technologies
like super-intelligence it is helpful in eliminating the war and helpful in disease detection.
Artificial intelligence serve the human life with an ease through its advanced systems which
provides automated solutions to the humans.
Different sectors in which Artificial Intelligence works as an aid.
Artificial Intelligence in Health care and medicine – The Artificial intelligence is
useful in changing the phase of health care industries. The Artificial intelligence has a
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power which can turn doctors into superhero. The Artificial intelligence has introduced
software and technology like EMR and Concept processing that are based on artificial
neutral networks. This networks are helpful in clinical decision support systems. The
applications of Artificial Intelligence like Heart sound analysis, computer Aided
interpretation, Design treatment plan and drug creation are included in healthcare (AI
Applications: Top 5 Real World Artificial Intelligence Applications, 2018). The Artificial
intelligence facilitates the doctors through predicting HIV progression, providing
consultation and performing clinical training with the help of avatars. Artificial
Intelligence is also helpful in providing consultation services to doctors. Through Mining
medical records the Artificial Intelligence provide more useful information to medical
departments.
Artificial Intelligence is also plays significant role in doing Medical management. There is an
example of an organization namely, Cam-bio Health care. It has developed a clinical decision
support system which is helpful in prevention of heart stroke. It gives warning to the physician
about the patient has a risk or possibility of having a heart stroke. Coala life is another example
where a company has a digitalized device that can easily identify the cardiac diseases in patients.
Keeping a track record of people in hospitals and nursing home how they are doing is also
possible just because of Artificial intelligence. Thus, the Artificial intelligence has a tremendous
role in saving the lives of people by providing Health care facilities.
Artificial Intelligence in Education – Artificial intelligence helps in making teaching
innovative and fun based. The phase of Education is being changing rapidly because of
the amendment of Artificial intelligence. Artificial intelligence is used in teaching the
wide array of subjects like computer science and biology. The Companies are started
developing robots through the help of artificial intelligence in order to provide learning to
the children through the robotic teachers. Pioneer of intelligent tutorial system due to
Artificial intelligence is an asset for education sector (Gunning, 2017). To enhance the
technical skills of navy recruiters Artificial intelligence plays a vital role through
conducting training via digital tutors in organisation like DARPA.
Artificial intelligence is also helpful to teach the Air force technicians in order to detect various
electrical systems in an aircraft. Through natural language processing and integrated machines
the education system drives with the automatic grading system of the students and data driven
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technology of artificial intelligence helps in improving the individual learning of the students.
Due to artificial intelligence education institutions like Massive open online courses and MOOCs
are gaining popularity. Artificial intelligence gives the rise to learning analytics in various
education institutions.
Artificial Intelligence in Finance – Artificial intelligence various applications are
mostly used in Finance sector. Artificial intelligence is helpful for finance sector through
introducing various applications like Data mining and market analysis, algorithms trading
and portfolio management of different clients. Artificial intelligence based platforms is
also useful in credit underwriting. It includes platforms like Upstart, Zest and automated
machine learning. Through algorithm trading the artificial intelligent facilitates the
capability of making various trades in within one day (Liu, Shi, and Liu, 2017.).
Automated trading system of artificial intelligence are increasing productivity of Finance
sector. The artificial intelligence is playing a tremendous role for ventures in relying on
computer's and data scientists to determine the future patterns in the markets. In order to
assist the correct investment practices various large financial institutions are using market
analysis and data mining technologies through invention of artificial intelligence.
The Artificial intelligence facilitates the financial institutions to compress a large amount of data
availability in short span. Artificial intelligence is used by some top financial institutions like
Aladdin, Kensho and Sqreem. The artificial intelligence is also helpful for providing finance
facilities on individual ground through introducing digit application which helps the people in
optimising their savings and spending on the basis of their future targeted goals. Robot advisors
are used to perform the jobs without human intervention. It is helpful in managing portfolios of
various finance industries. Artificial Intelligence is helpful in improving the stock trading
performance and to boost profitability (Pozdílková and Marek, 2017). The Japan' s leading
brokerage house Nomura securities is going to introduce new stock trading system with the help
of Artificial intelligence. It will helpful in making easy assessment and determination of current
market situation in order to predict, How shares prices will change in the next minutes.
Artificial Intelligence in Heavy Industry – The Heavy industries are using robots in
various departments like production, finance, marketing and sales in order to boost their
productivity and increase the profits. The robots are helpful for completion of work on
timely basis and to increase sales in this heavy industries. Various industries in countries
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like Japan, China, Germany and Korea where the robots have already being appoint for
jobs. Japan has high density of robots has being appointed in their industries. According
to the research 70 % of the sales has been increased in these industries after the
appointment of robots (Naser, 2018.). The Artificial intelligence powered the digital
solutions that are prepared to improved the online customer experience, loyalty and
maintaining brand reputation in every aspect of the business the industries are handling.
Artificial Intelligence in Banking – Artificial intelligence is helpful for growing
banking sector. Artificial intelligence systems in banks helps to provide customer
support, helpful in detecting anomalies and credit cards frauds by the users. In order to
prevent banks from fraud artificial intelligence is facilitating the banks through
introducing applications like Electronic virtual assistant. The applications of Artificial
intelligence is also used to enhance the securities in banks (Avishay, Pavlov and
Dimitrov, 2019). Through tracing card usage and endpoints access it is possible to secure
accounts of the users in the banks. Artificial intelligence provide the deep learning in
order to detect the fraudulent transaction patterns. According to research these
applications of artificial intelligence has saved millions of dollars.
Artificial intelligence in Agriculture – The artificial intelligence is useful in agriculture
sector. The artificial intelligence is helping farmers through using automation and
robotics in their field in order to evaluate more efficient ways to protect the crops of
farmers from the harm of weeds. The Blue River technology has developed robot with
the help of artificial intelligence that is See and spray. The Robot See and Spray has
computer vision which easily monitor and incisively spray weedicide on cotton plants
through object detection technology. The Robot is helpful for preventing herbicide
resistance.
Induction of new technology called PEAT in Berlin based agricultural has developed an
application of artificial intelligence which is Plantix. Plantix application helps in identifying the
potential defects and nutrient deficiencies in soil through visualisation of images. The
recognition app helps to identify the possible defects through capturing the images by user
smartphone with help of artificial intelligence (Kiela, Bulat and Clark, 2016.). It also provides
user with soil restoration techniques tips and helpful in providing possible solutions which a
farmer could take in order to protect its crops from hazardous elements in the soil. Hence, the
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Artificial intelligence is helpful for farmers to get more from the land by using resources with
more sustainability.
Artificial intelligence in Astronomy - The Artificial intelligence is helpful for
calculating predictions of the scientist related to the astronomy. Artificial intelligence
technology is helpful in making accurate predictions than the scientist about the long
term stability of circumbinary planets. The Artificial intelligence is helpful in improving
understanding of the scientists about the universe and it provides familiarity about how it
works. The researchers are using Artificial intelligence in order to analyse the satellite
images by satellite imagery and remote sensing data application at Stanford institution.
Artificial intelligence in Construction The Artificial intelligence and machine
learning is providing benefits to construction sector. Through the various Application of
Artificial intelligence the ideal designs for buildings and best safety recommendation is
being provided to constructor for featuring the human lives more secured. The Artificial
intelligence is useful in risk mitigation through understanding the complex language and
useful for fixing issues (Gunning, 2017). The Artificial intelligence facilitates the
engineers to enhance their productivity and delivering high quality work in the set time
frame. The Artificial intelligence will be useful in analysing the work process of the
Construction industry through its various applications of learning and data driven.
Artificial intelligence in sports - The Artificial Intelligence has surely going to change
the sports world. The advanced application of artificial intelligence will go to make
sports more interesting from the point of view of athletes tin order to go beyond the
capacity. The Artificial intelligence facilitates the athletes through providing various
practice applications and helpful in delivering best out of them (Ashrafian, 2015). There
is huge demand is created for Artificial intelligence based applications to posses the
capabilities of the Athletes. The implementation of Artificial intelligence will go to solve
the major changes of sports world and surely it helps to bring true competition among the
athletes.
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CONCLUSION
The Conclusion is been drawn from the above Project report that Artificial intelligence is an aid
for the future humanity. It is been concluded that Applications like Machine learning, Speech
recognition, Problem solving and Data driven of Artificial intelligence is really helpful for
improving quality standards of human life. The Artificial intelligence is useful in various sectors
like medical, finance, banking, agriculture, education, astronomy, sports, heavy industry and
construction. It is been concluded that artificial intelligence facilitates the human beings to do
work with an ease and it is helpful in work completion within the span of time.
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REFERENCES
Books and Journals
Ashrafian, H., 2015. Artificial intelligence and robot responsibilities: Innovating beyond
rights. Science and engineering ethics, 21(2).pp.317-326.
Avishay, D., Pavlov, V., and Dimitrov, N., 2019. Industry 4.0–Robots with Distributed Mobility
and Elements of Artifical Intelligence. Global Journal of Computer Science and
Technology.
CHEONG, J., LG Electronics Inc, 2019. Moving robot and control method thereof using artifical
intelligence. U.S. Patent Application 16/138,150.
Gunning, D., 2017. Explainable artificial intelligence (xai).Defense Advanced Research Projects
Agency (DARPA), nd Web.
Kiela, D., Bulat, L., and Clark, S., 2016. Virtual embodiment: A scalable long-term strategy for
artificial intelligence research. arXiv preprint arXiv:1610.07432.
Liu, F., Shi, Y. and Liu, Y., 2017. Intelligence quotient and intelligence grade of artificial
intelligence. Annals of Data Science, 4(2).pp.179-191.
Naser, M.Z., 2018. Deriving temperature-dependent material models for structural steel through
artificial intelligence. Construction and Building Materials, 191.pp.56-68.
Pozdílková, A. and Marek, J., 2017. Usage of Artifical Intelligence and Spectral Analysis for
Predicting the Behavior of Stock Prices. In 16th Conference on Applied Mathematics
APLIMAT 2017: proceedings. Spektrum STU.
Online
AI Applications: Top 5 Real World Artificial Intelligence Applications, 2018 [Online] Available
through :<https://www.edureka.co/blog/artificial-intelligence-applications/ >
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