Impact of Future Influence of Artificial Intelligence in Our Daily Life

IMPACT OF FUTURE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN OUR DAILY
LIFE
Impact of future influence of artificial intelligence in our daily life
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1IMPACT OF FUTURE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN OUR DAILY LIFE
Table of Contents
Introduction......................................................................................................................................3
Research Aims and Objectives........................................................................................................4
Aim..............................................................................................................................................4
Objective......................................................................................................................................4
Research problems...........................................................................................................................5
Project Management Plan (Time Frame).........................................................................................5
Methodology....................................................................................................................................7
Analysis of research and data using appropriate tools and techniques..........................................13
Appropriate recommendations from research results and data analysis........................................19
Conclusion.....................................................................................................................................19
Reflect on the value of undertaking the research to meet stated objectives and own learning and
performance...................................................................................................................................20
Reference.......................................................................................................................................21

2IMPACT OF FUTURE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN OUR DAILY LIFE
Introduction
The prime determination of this report is to focus on the impact of Artificial Intelligence
on a system, its usability in different industries and experience of the users who have already
used this technology. The concept of artificial intelligence is a way of making a computer system
think intelligently just like human being so that they can analyze a particular situation and act
accordingly (Epstein 2018). Intelligent agents which are installed in the AI based systems are it
is fundamental units which are extensively used in the AI systems. Artificial intelligence is used
in both domestic as well as in business purposes. Learning and problem solving are the two most
essential aspects of Artificial Intelligence. Optical character recognition is the most innovative
use of artificial technology.
One of the most important aspect of artificial intelligence is the application of Siri. The
power of analyzing information is one of the key specification of Siri. The results are better
obtained with the help of the specification of Siri. Siri is available in every apple product, and the
Apple Corporation are using AI to modify its features such as the face recognition system. The
advanced machine learning technologies are also being integrated into Siri for different types of
purposes.
The machine learning systems which are used to access a huge amount of data on any
network (Eisenstadt, Keane and Rajan 2018). It can assess co-relations between the different
events and the impact of artificial intelligence on asset prices. The other most intriguing feature
of artificial intelligence is the information extraction from the live news feeds of the different
social media platforms. The investment decisions are also very much common in the stock
exchange industry are done by the AI based systems.

3IMPACT OF FUTURE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN OUR DAILY LIFE
Research Aims and Objectives
Aim
The prime determination of this paper is to focus on the impact of the extensive use of
artificial intelligence in domestic as well as in the business organization. However, there are few
issues and challenges related to the incorporation of artificial intelligence in a business
organization. The law makers of our society are not fully convinced regarding the future aspects
of artificial intelligence. The environmental impact of the artificial intelligent system is very
much considered in this paper. This paper will provide in depth knowledge about the role of
artificial intelligence in sales, marketing and branding different products and services. The
impact of the artificial based systems and machine learning is also highlighted in this paper. The
futuristic impact of artificial intelligence is focused in this paper in a professional approach.
Objective
 To analyze the in-depth exploration of AI in an environment.
 To evaluate the role of AI in branding product and services.
 To find the role of AI in the innovative use of technology.
 To find the future influences of AI in our daily lives.
Explanation on one of the objectives
To evaluate the role of AI in branding product and services: Brand management is
important characteristic feature of artificial intelligence. Artificial intelligence can be used
effectively in understanding the behavior and needs and requirements of the end users. The
business trends can be effectively studied and new plan can be sorted with the help of artificial
intelligence. The brand experiences can be improved hugely with the help of the intelligent

4IMPACT OF FUTURE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN OUR DAILY LIFE
agents of AI based systems. The automatic incremental steps are much important for the brand
management purpose. The complex decision making steps are easier with the help of artificial
intelligence. The effectiveness
Research problems
In spite of the advanced specifications of the AI based systems there are different ethical
issues related to those systems as well. The AI based systems work faster than the congress
which is considered as a major decision making body in any country of the world (Nadeem et al.
2017). The other ethical issues of this technology are regarding the accidents caused by the AI
based systems. The AI based systems think much more dramatically on a particular situation
than human beings (Russell and Norvig 2016). The consciousness capability of AI based system
is used in different criminal activities which are also a matter of concern for all the entities which
have incorporated AI on their environment.
Project Management Plan
Cost: The cost of the resource management of this project is around $1680 USD, the cost
associated to the final report is $800 USD, the closure phase of this project required around $560
USD, hence the total valuation of the project is around $3600 USD.
Scope: The scope of this project is to find the effectiveness of the artificial intelligence
on our life. The future applications of the artificial intelligence can be understood from the point
of view of the participants of the survey.
Time: Initialization of the project required 7 days, resource management of the project
required 36 days and the final report of the project required 29 days. A total of 45 days are
required for the completion of the project.

5IMPACT OF FUTURE INFLUENCE OF ARTIFICIAL INTELLIGENCE IN OUR DAILY LIFE
Quality: The quality of the project depends upon the quality of the survey which is made
involving a group of participants from different sections of the society which uses artificial
intelligence in their social life.
Communication: The communication process of this project is very much important for
this project as the effectiveness and reliability of the project depends entirely on the
communication process between the participants. There was an effective platform which stated
about the impact of artificial intelligence of the life of the participants.
Risks in this project
 Inadequate budget
 Insufficient resource or materials
 Delay in progress
Resources used in this project
 Computer
 Proper Internet facility
 Google forms
 MS Excel application