Analysis of the Benefits of Artificial Intelligence in Various Fields

This report provides an overview of the benefits of Artificial Intelligence (AI). It discusses how AI's 24/7 availability and ability to reduce errors enhance efficiency. The report explores AI's applications in diverse fields, including finance and healthcare. In finance, AI aids in fraud detection and data organization. In healthcare, AI assists with medical applications, including Radiosurgery, and provides information on medication side effects. The report emphasizes AI's role in handling repetitive tasks and its potential to simplify work and improve outcomes across various sectors. It concludes that AI is an integral part of the future, enhancing both professional and personal life. The references include a book and a journal that support the findings.

BENEFITS OF
ARTIFICIAL
INTELLIGENCE

Table of Contents
1) INTRODUCTION...................................................................................................................3
2) MAIN BODY..........................................................................................................................3
Benefits of Artificial Intelligence.......................................................................................3
3) CONCLUSION.......................................................................................................................4
REFERENCES............................................................................................................................5

1) INTRODUCTION
Artificial intelligent is used in machines and this program is made according to the human
intelligence which is why when it respond to our queries they think like humans. This
technology can be applied to any machine and can be used to learn new things or solve
problems.
2) MAIN BODY
Benefits of Artificial Intelligence
24/7 Availability-
Machines don't need breaks like humans do they do not suffer from fatigue. They are
designed to work for long hours. This helps many people to get expected results which are
better than humans sometimes (Calderon, 2019).
Day to Day Application-
Smartphones has become the 4th necessity in the list of basic needs and that is enabled
with the feature of AI. They are enabled in the GPS which helps people to reach to their path
by guiding them the route. IOS has Siri, windows has Cortana and Samsung has Bixby. Other
than this many institutions of financial work takes the help of these feature in order to manage
and keep the data organized. Also it helps to detect the fraud in accounts instantly which helps
them to save their efforts and money.
Medical Applications-
There are many benefits to this feature and one of the most important is considered as
it can be used in the sector of medical industry. Various application which are related to
medical field can be identified through AI. Apart from this patient can know the side effects of
medicine which makes it work as a aspect of personal digital care. The major breakthrough of
this technology is Radiosurgery which helps doctors to operate the tumours without damaging
the tissues nearby.
Reduction of Error-
Another advantage of this algorithm is that it helps to reduce the errors in work and
helps to complete the task with more efficiency. It can be used in various situations as it is
helpful in many areas.
Handling repetitive jobs-

Jobs which require repeated work can be assisted with the help of AI algorithm.
Machines has a tendency of thinking and assessing things faster than humans as they are
designed for that. This is what helps to perform multi level of tasking. Tasks which are
dangerous and can hurt humans can also be completed with the help of machines by assisting
them with the algorithm of AI (Mitić, 2019).
3) CONCLUSION
From the above studies it has been concluded that artificial intelligence is the future of the
environment as it has been so attached to the work life as well as personal life of people which
makes it easier and simplify the work for them. Apart from this it helps them to reduce errors
in work and complete the task with achieving expected results. This algorithm is used in
various fields such as medical, financial which helps them to make the work of these
institutions less complex.

REFERENCES
Books and Journal
Mitić, V., 2019. Benefits of Artificial Intelligence and Machine Learning in Marketing.
In Sinteza 2019-International Scientific Conference on Information Technology and
Data Related Research (pp. 472-477). Singidunum University.
Calderon, R., 2019. The Benefits of Artificial Intelligence in Cybersecurity.