Top 7 Best Artificial Intelligence Technologies
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July 6, 2023
With the rapid evolution of technology over the last decade, Artificial Intelligence (AI) has become a household name. Companies that embrace AI tools and technologies are gaining a competitive advantage in the market. By learning AI technologies, you can stay ahead of the curve and become a valuable asset to any organization. This blog lists some popular AI technologies that are widely used and highly regarded. Take a look!
Introduction to Artificial Intelligence
Talking of advancements, from Abacus to Super Computers, the world has come a long way. The world, say a hundred years ago, was highly dependent on manual execution. Having realized this difficulty, countless technologies have been invented to make people's lives more convenient for thousands of years. These technologies grew rapidly and soon the world saw their potential. AI has done almost all the work for humans and has become an integral part of the modern world.
Artificial intelligence has changed the way we live with innovative technologies. It's Siri - the intelligent personal assistant that makes everything in our lives easier, the GPT - the encyclopedia, which is threatening the job opportunities of many people. etc. Most of the world’s biggest brands have implemented AI into their marketing strategies and systems to improve customer experiences and data analysis. From Google to Facebook and Shopping to Learning, Artificial Intelligence is at the forefront. There are many technologies in existence today that have a direct or indirect application of Artificial Intelligence. Let’s have a look at the analysis regarding the significant influence that AI technologies have had and the potential future it has got in the following lines.
Top 7 Hot Artificial Intelligence Technologies
- Computer Vision
Computer vision is a branch of artificial intelligence that focuses on enabling computers to understand and interpret visual information from images or videos. It involves developing algorithms and models that can process, analyze, and extract meaningful insights from visual data.
Computer vision has numerous applications in real life across various industries and domains. Computer vision plays a vital role in AR and VR technologies. Particularly, the outstanding application of this technology is VR in real estate, VR in entertainment, etc.
Besides, some notable applications of computer vision include Object Recognition and Detection; Image and Video Analysis; Agriculture and Farming; Retail and E-commerce; Autonomous Vehicles and more. The field continues to advance, and new applications are constantly being explored as the technology evolves.
- Natural Language Processing (NLP)
Natural Language Processing focuses on the interactions between human languages and computers. It uses text analytics to analyze the structure of sentences as well as their interpretation and intention through machine learning. AI is dominating the world.
These are just a few examples of the broad applications of Natural Language Processing: Speech Recognition, Language Translation, Question-Answering Systems and Chatbots and Virtual Assistants; etc. Additionally, one of its prominent inventions is GLEAN - A New AI Revolution Intelligent Chatbot. Besides, Netflix also had a progressive approach to AI. Generating data collected by consumers, AI-driven machine learning technology can provide personalized content recommendations based on watchers' preferences, and what they have watched and enjoyed in the past. This algorithm is beneficial for Netflix, as well as e-commerce brands, as it has the potential to increase sales by offering personalized recommendations on content or products.
NLP is a rapidly evolving field, and its applications continue to expand, making it a fundamental technology for understanding and processing human language. No wonder these terms make it to the top 7 hot artificial intelligence technologies list
- Deep learning platforms
Deep Learning is a special subset of Machine Learning based on Artificial Neural Networks. During the process, learning is carried out at different levels where each level is capable of transforming the input data set into composite and abstract representations.
The technology finds its applications in a variety of domains such as Computer Vision, Recommendation Systems; Natural Language Processing (NLP), Speech Recognition and Synthesis; development of efficient chatbots, automated translations, rich customer experience, etc.
Deep learning has spread its wings in many domains like aerospace and military to detect objects from satellites, help in improving worker safety by identifying risk incidents when a worker gets close to a machine, help to detect cancer cells, etc.
One of the primary ways Facebook uses artificial intelligence and deep learning is to add structure to its unstructured data. They use DeepText, a text understanding engine, to automatically understand and interpret the content and emotional sentiment of the thousands of posts (in multiple languages) that its users publish every second. With DeepFace, the social media giant can automatically identify you in a photo that is shared on their platform.
- Natural language generation
It is а brаnсh оf АI teсhnоlоgy thаt соnverts text intо dаtа аnd аssists symрtоms in seаmlessly саrrying their ideаs аnd thоughts. The machines are programmed with algorithms to convert the data into a desirable format for the user. The content developers can use the automated content to promote on various social media platforms, and other media platforms to reach the targeted audience. Human intervention will significantly reduce as data will be converted into desired formats. The data can be visualized in the form of charts, graphs, etc.
It is used in customer service, widely, to create reports and market summaries. No wonder this one makes to the list of top 7 hot artificial intelligence technologies.
- Machine Learning
Machine learning is a division of artificial intelligence that empowers machines to make sense of data sets without being actually programmed. Machine learning technique helps businesses to make informed decisions with data analytics performed using algorithms and statistical models.
These are just a few examples of the applications of machine learning. The ability to analyze and learn from data enables machine learning to be utilized in various domains such as: Image and Object Recognition, Natural Language Processing (NLP), Recommender Systems, healthcare and Medicine, autonomous Vehicles, etc.
Moreover, enterprises are investing heavily in machine learning to reap the benefits of its application in diverse domains. Healthcare and the medical profession need machine learning techniques to analyze patient data for the prediction of diseases and effective treatment. The banking and financial sector needs machine learning for customer data analysis to identify and suggest investment options to customers and for risk and fraud prevention. Retailers utilize machine learning for predicting changing customer preferences, and consumer behavior, by analyzing customer data.
So we have it halfway in this Top 7 Artificial Intelligence Technologies article, let us see some more tools.
- Text Analytics
Text Analytics can be defined as an analysis of text structure. Artificially Intelligent Systems use text analytics to interpret and learn the structure, meaning, and intentions of text they may come across. Such systems find their applications in security and fraud detection systems. An Artificial Intelligence enabled system can distinguish between any two types of text samples without any human intervention. This independence makes such a system effective, efficient and faster than its human counterparts.
Over the years, Amazon became one of the first companies to use AI and being the biggest ecommerce website in the US. Its main use of AI is to generate personalised product recommendations. They collect a lot of data about each person’s buying habits and recommend items to its customers and now predict what they need even before they need it by using predictive analytics. Due to this, Amazon can nudge customers into buying more items by predicting what each customer is likely to buy.
- Sрeeсh Reсоgnitiоn
Sрeeсh Recognition is а method оf соnverting humаn sрeeсh intо а format that соmрutеr sоftwаre саn understаnd.
Speech recognition is a bridge between human and computer interactions. The technology recognizes and converts human speech in several languages. Here are some notable applications of speech recognition: Voice Assistants For example, Siri on the iPhone is a classic example of speech recognition; and others voice assistants like Amazon Alexa, Google Assistant, and Microsoft Cortana.
The advantage of the Speech Recognition System overcomes the barrier of literacy as well as serves both the literate and illiterate. Speech Recognition is also used in Transcription Services, Call Center Automation, Language Learning and Pronunciation Assessment, Voice Search and Voice Commands and Dictation Software, etc. The technology continues to evolve, making voice interactions more natural and seamless, and finding applications in various industries to enhance user experiences and provide efficient and convenient modes of interaction.
Deep-Dive Into AI With XanRo!
Tо summarise, Аrtifiсiаl Intelligenсe is а соmрutаtiоnаl mоdel оf intelligenсe. The benefits оf using аrtifiсial intelligence are already being realised in а variety оf industries. With AI being incorporated in different fields and businesses, it has made a tremendous and remarkable impact in every industry as it automates most of the process without much human intervention.
The graph of AI Technologies is expected to rise in the coming months as it is widely accepted by people around the world & everyone looks forward to growing their business with the help of AI technology. We hope you found this article informative & interesting. If you have any ideas of implementing AI-based applications? Connect us to bring your idea to life.