AI Is Going To Revolutionize Different Industries By 2023

A decade before, the idea of replicating the human intelligence with Artificial Intelligence would not have crossed anyone’s mind. However, this very new technology has revolutionized every possible industry and will continue to do so. 

But before discussing it further, don’t you want to know which technology am I referring to???

Of course, it is AI, which has caught the attention of every possible industry and business verticals. It offers possibilities that are beyond imagination even.

Are you confused???

I agree and I too was, when the AI system was discussed with me…but gradually I understood and accepted the potential of the technology.

But you don’t need to get worried when you know that I am here to enlighten you further with this post, and you can further discover numerous benefits different business verticals are receiving through the hands of the AI system.

How Artificial Intelligence is impacting mobile app industry?

The vast array of mobile apps is not unbeknown to anyone, we all utilize the apps in our daily lives, for performing different actions, and to experience something bigger and better, the mobile app technology is in the constant run to help us attain the seamless experience.

Predictive Reasoning is going to revolutionize the technology

Have you ever thought that how do you get the recommendation on your Facebook account for new friends, or how come there is a suggestion for the new YouTube videos?

This all is done through the AI system, which predicts the suitable suggestions for your social accounts and helps you experience the much-required recommendations in no time.

Apart from this, with the help of AI-enabled features, the app developers don’t need to create complex codes, which can create generic explore pages. However, with the AI, the developers can regularly update the app and tailor down the app, which fits the business environment.

Travelling industry

The last time I traveled to a foreign land, I was amazed to complete my booking of flight, hotel, and restaurant in less than 10 minutes time.

No, it is not about money; rather I looked for the best economical deals which would not burn a hole in my pocket.

But this could happen with ease when I got everything around me with the recommendation, and that is where the AI comes forward.

The chatbots feature which is fully AI-powered, lets you book a flight or make your required travel arrangements at any point of time during the day, and help you plan your trip.

This very invention of the chatbots has helped the travel industry to come up with the best revenue generation scale across the global platform.

Banking industry 

There are multiple situations, where we are unable to reach out to our banks in times of emergencies. With the help of Artificial Intelligence, it becomes easier for the users to get in touch with the respective bank, and get assisted by the virtual assistant, which takes no time in guiding me further the process of updating my address. This saves your time and no prize for guessing but your trust on the bank increases more.

This could only be possible with the chatbot system in the banking sector, which has the database of FAQs, and it guides you further based on such queries.

Medical industry

This is the sector, which has the maximum opportunities for AI to truly its set of innovation and creativity. If you look around you can notice that now AI technology is utilized to predict diseases, identify high-risk patient groups, and automate diagnostic tests and accuracy of treatment.

The combination of AI and ML is the reason behind scaling the success ladder in Drug discovery, Medication management, and robotic surgery.

Ecommerce industry

The stronger your customer support system is, the more your services would experience the wider and robust user engagement process.

This is the fact; if you are offering the 24*7*365 cycle support to your customers, then it is helping your business to carve a niche for itself, but with human efforts, this very strategy needs manpower and the investment, which is little inconvenient for the startups or the booming brands.

But with AI this very issue is sorted, where the troubleshooting of basic problems is not a big issue, and customers can attain the support when they require it most.

You are right this is not the exhaustive list of industries that are taking the benefits from AI, but there are many, where the number is constantly increasing due to the rapid advantages every business and industry is receiving.

Conclusion

Last but not the least, every industry has got the taste of AI technology and this technology coupled with the app development process, is the reason for many businesses to generate higher ROI for their domain. Hence if you are willing to transform your existing business then you must allow your business to get the exposure and the expertise of this technology with the help of a mobile app.

Get an app which is the beautiful fusion of AI technologies like advanced machine learning, deep learning, and natural language processing, that consequently would help your business to grow exponentially.

News Reporter
Ankit Singh is a seasoned entrepreneur, who has crafted a niche for himself at such a young age. He is a COO and Founder of Techugo. Apart from holding expertise in business operations, he has a keen interest in sharing knowledge about mobile app development through his writing skills. Apart from sailing his business to 4 different countries; India, USA, Canada & UAE, he has catered the app development services with his team to Fortune 200, Global 2000 companies, along with some of the most promising startups as well. Get hooked to his writings, and get a strong yet interesting dose of technology through his unique voice.