How AI Is Going to Change Global Industries

Artificial Intelligence is revolutionizing businesses across the board. As the capability grows, so does the potential of applications become broader and much more powerful. Soon AI will change not only companies but global industries.

Artificial Intelligence Will Revitalize Manufacturing

Manufacturing is one sector that is at the forefront of an AI revolution. Industrial robots for long have handled routine physical tasks on assembly lines. Now, newer AI-enabled robots can themselves decide, optimize processes, and improve their capabilities through machine learning. 

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In other words, this would mean more responsive, adaptive manufacturing systems. Companies like FANUC and Yaskawa Electric Corporation have invested hugely in smart robotics. As it continues to evolve, process-automating bots will find an increasing number of ways into manufacturing companies. 

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While this will replace much low-skilled human labor, it will also give room for highly skilled robot operators, programmers, and technicians. Eventually, AI-powered automation will revolutionize manufacturing, sending shockwaves throughout the economy in the process.

AI Will Take Game Design and Gameplay to the Next Level

From the online poker sites of Bovada to the makers of Call of Duty and World of Warcraft, the games industry will experience AI as both a creative tool and an opponent. Developers already use neural networks to automatically generate terrain, characters, and animations. 

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The know-how for procedural content generation is improving, and in the future, AI might create whole gaming environments or even write realistic dialogue tailored for each player. This would be where huge dynamic worlds would begin to happen like never before. 

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Advanced game AI can create longer games with more complex and human-like opponents, while single-player campaigns may lead to good-versus-evil showdowns against intelligent villains. In games of online poker at Bovada for instance, human players may find themselves playing one-on-one against advanced AIs. 

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This feature makes these games, if done with thought, even more immersive. All in all, AI will allow the game developers to build up living worlds full of experiential richness.

AI Will Improve Healthcare Outcomes

Healthcare will benefit a great deal from AI diagnostics. Interpreting scans, recognizing symptoms, and analyzing patterns - these are all points of great strength for AI. AI healthcare can generate diagnoses faster and more accurately than time-pressed human providers; it also stays up to date with the latest medical research. 

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Other companies, like IBM Watson Health, are offering an AI assistant platform in which the records of patients are analyzed for insights that might have been missed by doctors. As those systems continue to improve, health professionals will be able to rely on AI as a means of improving outcomes for patients. 

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In the longer term, AI may even contribute to biomedical research and the development of new pharmaceuticals. It will enable healthcare professionals to treat more patients at higher levels of quality.

AI Brings New Capabilities to Finance and Investing

The financial sector would depend a lot on data analysis in seeking opportunities and defining risk management. So, therefore, it forms the next best natural fit to integrate AI. Companies like Kensho and Dataminr use AI in an attempt to summarize, in record time, vast datasets, news sources, and market variables. 

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This enhances human investment managers, helping them reach quicker decisions that are far better informed. As AI analytics become mainstream, they are going to reduce volatility and increase returns. 

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In consumer finance, AI chatbots are already helping people with small transactions. Soon more AI planners will give specific advice on spending, investing, and financial planning according to individual lifestyles and intentions. All in all, AI will bring stability and profitability for banking as well as finance.

AI Will Customize and Optimize E-Commerce

E-commerce giants Amazon and Alibaba have been at the forefront of using AI to enable intuitive customer experiences. At this level of sophistication, AI will create that juncture where true personalization of online shopping actually sets in - be it product search, recommendations, advertising, and customer service interactions, all custom-fit for a particular shopper. 

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This will come as a shock to retail and consumer brands, as winners in e-commerce deploy AI in understanding consumer behavior and changing market conditions in real time. On the other hand, companies in the supply chain and logistics industry, like DHL, use AI in the automated routing of larger shipments more efficiently. 

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The future supply chains would be leaner, faster and more responsive, leading towards e-commerce ecosystems that learn and adapt well before they shape up in the minds of the consumers.

AI Brings Opportunities and Risks to Education

Impacts of AI on education represent a promise and peril. AI tutors such as Carnegie Learning's Mika personalize instructions and feedback to each individual student. This is particularly useful for poorer school districts with classrooms of size. 

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But critics caution that overly data-driven AI approaches will narrow the method and practice of teaching. Others note that using AI in the classroom could undermine critical thinking and interpersonal skills students develop outside the computer. 

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The use of AI does free the teacher up to concentrate their energies on higher-order development. In so doing, AI systems over time can further social ends by increasing access to high-quality education and reducing inequity. AI will shape the next generation of learners, for better or worse.

Government Policy Will Guide the AI Revolution

Government too needs to come to grips with how to legislate and regulate AI technology. Growth-oriented policies can spur innovation but risk unintended consequences. While strict preemptive laws may reduce injurious applications and at the same time hamper progress, there is also governmental committees such as UK Parliament's AIC, and even think tanks like AI Now, studying AI ethics to bring development in line with common human values. 

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The huge challenge, however, remains that the AI systems inherently do not share morality, ethics, and priorities of their human creators. The existential threat from AI needs to be considered thoughtfully as capabilities advance far beyond human levels. Innovation will benefit humanity broadly by making wise policy.

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