Our society has undergone a significant transformation due to technology, providing many benefits to individuals. One example is the convenience of using smartphones to communicate with others. Additionally, people can easily exchange documents through email or chat and order food through delivery apps. These advancements have made life more comfortable and straightforward than ever before. Moreover, the integration of artificial intelligence and intelligent machines has become crucial in our daily lives, making it challenging to envision existence without them.
MYTHS ABOUT ARTIFICIAL INTELLIGENCE
Artificial intelligence has become extremely popular, with many products featuring AI functions that provide aspirational functionality, regardless of their cost. However, it can be challenging to differentiate between reality and myths when it comes to artificial intelligence.
There are several myths and misconceptions surrounding AI that people need to be aware of to make better decisions about investing their time and resources. By understanding these myths, people can make informed decisions and avoid being misled.
Myth 1: Many people believe that using AI for their business requires a team of data scientists, machine learning experts, and a significant budget. However, this is not entirely true. There are many AI tools available in the market that do not require heavy financial investments. While AI applications require expertise, some software programs with AI are more accessible to businesses.
Myth 2: Some people believe that utilizing AI for their business requires a build-it-yourself approach. However, this is not always the case. Many enterprises use a combination of in-house and out-of-the-box solutions to implement AI. In-house AI development allows businesses to customize according to their unique needs, while prebuilt AI solutions provide ready-to-go solutions for more common business problems. The value of an AI product or system lies in using existing AI tools and configuring them to the specific needs of the business. This process requires less data science expertise and more knowledge of the business’s processes and needs.
BENEFITS OF USING ARTIFICIAL INTELLIGENCE
The use of artificial intelligence in industrial automation is rapidly changing the landscape of many industries. Its main objective is to provide superior output with minimal error, enhance productivity, and boost profits for businesses and organizations.
REDUCTION IN HUMAN ERROR
One of the key benefits of artificial intelligence is its ability to reduce human error. Unlike humans who can make mistakes, computers, when properly programmed, are highly accurate. Artificial intelligence systems base their decisions on gathered data and apply specific algorithms, resulting in fewer errors and a higher likelihood of achieving precision and accuracy.
AVAILABILITY 24/7
One of the most significant advantages of artificial intelligence is its ability to work continuously without taking breaks or experiencing boredom. Humans typically work for only 4 to 6 hours a day, excluding breaks and need time to rest and recharge to prepare for the next workday. In contrast, AI machines and systems can operate 24/7 without any interruptions. Smartphones are an excellent example of this, as they utilize AI technology to enhance our web browsing and photography experiences. With smartphones, we can listen to music or watch movies, making them convenient gadgets that are easy to carry around and use throughout the day.
HELPS IN REPETITIVE TASKS
Artificial intelligence is also beneficial in automating repetitive tasks, such as verifying documents or sending emails, which can help to increase productivity. This advantage is particularly significant because it minimizes the need for humans to perform tedious and repetitive tasks, allowing them to focus more on activities that require creativity and problem-solving skills.
For instance, when creating a personal online bank account, a considerable amount of documentation is required, including photos of various documents and self-images. With the help of AI, this process can be automated, as the software can scan and verify the information provided, reducing the need for human intervention.
USES OF ARTIFICIAL INTELLIGENCE IN THE PHILIPPINES
As you may not have noticed, artificial intelligence has become ubiquitous and plays an increasingly active role in our daily lives. Whether we’re sending emails, making video calls on Facebook or Google Meet, conducting a Google search on our favorite topics, or shopping online, AI is omnipresent in the background.
In the Philippines, AI has been applied across various industries, including healthcare, finance, retail, and logistics. In healthcare, AI-powered tools are being used for medical imaging analysis, drug discovery, and patient monitoring. In finance, AI is being utilized for fraud detection, credit scoring, and investment management.
Retail businesses are using AI for personalized product recommendations and inventory management, while logistics companies are using it to optimize their supply chain and delivery routes. The impact of AI on these industries is expected to continue to grow as more businesses recognize its potential to increase efficiency, improve customer experience, and reduce costs.
AI IN FACE RECOGNITION
The method of identifying or verifying a person’s identity through their face is known as face recognition. While it is commonly used in law enforcement for identification during police stops, artificial intelligence has also been applied in face recognition for other purposes. One such application is in the creation of bank accounts or verification of identity for documents. Additionally, it is used for entertainment purposes, such as selfie apps that match people’s faces with celebrities or artists that resemble them. Another notable example is the use of face recognition in smartphone security features to unlock devices. Facebook also utilizes AI for face recognition to make tagging photos easier, eliminating the need to search for an account name before tagging.
AI IN ACCESS CONTROL
Artificial intelligence has shown promise in helping prevent potential risks through a more proactive approach. With the use of an AI-powered security system, it becomes possible to monitor everything from everywhere, collect data, and identify individuals who may pose a threat. This approach ensures that no gaps are left and no opportunities are missed.
An excellent example of this is the combination of security personnel and AI security barrier systems in malls. Initially, security personnel would manually check customers’ bags and frisk them if firearms were suspected. Following this, customers would pass through the AI security barrier system. The AI system then double-checks if any prohibited items, such as sharp objects or illegal firearms, are being carried by the customer.
AI IN SMART CITY
Artificial intelligence technology is transforming cities into smart ecosystems that utilize machine learning and neural network capabilities. By using connected sensors, lights, and meters, Smart Cities can collect data and develop into urban operating systems that simulate human, machine, and environmental patterns from transportation infrastructure to communication networks. For example, smart cities ensure that every person in the area has access to the internet, enabling better communication with others. Smart parking apps also help users find available parking spaces without the need for circling the block, and even enable digital payment options.