It seems like yesterday we were getting the hang of having the internet in our homes. Technology, certainly in the past thirty years, has been moving with lightning speed. Today, technology has become such a part of daily life that it is getting harder to get through a day without it.
The new kid on the block, in terms of technology, is AI. The AI topic is dominating headlines because there are many who don’t agree with it, while at the same time, there are those who want to get more out of its potential. One thing is for sure: more businesses and society are completely integrated with AI. This article dives into the fascinating and complicated world of artificial intelligence and how indispensable it has become for today’s society.
A Wave of Innovation Like No Other
In a few short years, an argument can be made that AI may be going too fast in innovation. Even though there are growing concerns about AI and technology perhaps outpacing society, it is driving unprecedented waves of innovation.
In the healthcare industry, AI tools are becoming so advanced that they are used to analyze patient records to make expert diagnoses. AI can also get a jump monitoring patient patterns for possible future problems.
For the financial sector, integrating AI further into these operations is providing much-needed flexibility for detecting fraud in real time. With AI, business customers can make online deposits and other transactions with confidence that they are being protected.
For those who operate in the retail sector, artificial intelligence continues to be a godsend for helping with tedious daily tasks. Long gone are the days of working weekends to do inventory. Not only is it expensive, but it unnecessarily ties up human resources. Today, AI tools are taking charge of essential duties like inventory. Having precise, up-to-the-minute inventory is vital to supply chain industries like shipping, trucking, and port workers.
Innovating Cybersecurity
More so than ever, businesses, including brick-and-mortar, must contend with the ever-growing threat of cybersecurity. With so much technology available, unfortunately, hackers have become so adept that they have brought to their knees business titans, including Fortune 500 companies, the biggest casinos in the USA, and even government agencies.
Not even the financial sector is immune from cyberattacks. If you recall, in July 2024, Patelco, the country’s largest credit union, was hit with ransomware. As a result, its members were locked out of their accounts for weeks.
Of course, online businesses and even essential physical businesses like power and water companies are bombarded with real-time threats. Thankfully, AI continues to be integrated into the daily framework for detecting threats in real time. AI is able to isolate and lock out these threats from the network. AI tools can even automate these responses to the appropriate administrators in real time.
AI tools are innovative in the strength of network security, both present and future. More sophisticated and in-depth than human IT professionals, AI tools can expertly assess the current strength of the network and offer expert solutions. AI tools also automate the process of alerting administrators about potential future issues.
Taking Personalized Experiences to the Next Level
With online entertainment, gaming, and e-commerce in full swing, the latest trend is personalized experiences. Streaming content giants like Netflix and Hulu continue to take advantage of behavioral AI tools to provide personalized recommendations based on the viewers’ viewing and listening habits. It can even do so in a non-intrusive way with augmented reality technology.
E-commerce sites use a member’s browser and shopping history to make highly successful recommendations for more sales. Online casinos and the new sweepstakes casinos continue to rely heavily on AI for personalized bonuses based on the actual games that members prefer to play. Also, these AI tools continue to revolutionize gaming guides by creating personalized ones to suit each member’s playing style.