State of AI by Industry
As Artificial Intelligence (AI) continues to mature, various industries have started to include it in their own growth and product strategies. The impact of AI is growing in the Automotive, Finance, and Gaming industries. Below you’ll find AI industry trends and applications and how those applications are expected to evolve in the future:
Automotive Industry:
- Self-driving cars & driver-assist features
- Uber will soon be using Machine Learning for ETAs on rides, estimated meal delivery times on UberEATS, computing optimal pickup locations, and fraud detection
- Consumer passenger vehicles
- Streets will soon communicate with cars to better control traffic
Finance Industry:
- AI adoption is fastest in the finance industry
- Robo-advisors to guide investing decisions
- Banks are using Machine Learning and using chatbots to offer tailored suggestions for customers to improve their finances
Gaming Industry:
- Games typically feature AI bots
- AI is being used to help build games
- The future in gaming is Artificial Intelligence-Virtual Reality / Artificial Reality
These examples demonstrate how broad the capabilities for AI already are, and anticipate great growth. These industries have only started to scratch the surface of all the application possibilities of AI - it is exciting to think what will come next.
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