One of the biggest advantages of AI is its compatibility with big data and the processing speed within which it can read swathes of information, the kind that would take us months to do with similar efficiency. This means the field of medicine is about to be radically changed, with an approach that can take individual history and cross-reference it with databases that are incredibly extensive. Companies are already using AI software to help diagnose and detect tumours more efficiently, as well as come up with personalised ways to treat their root causes: in short, technology is helping doctors save lives faster and more efficiently.
In an age where organisations have to actively think about cybersecurity to protect important and confidential data from attacks by hackers, AI proves to be an incredibly effective solution. Using machine learning technology, software powered by artificial intelligence can be made far more effective and take less time to protect people from identity theft and protect larger organisations from data breaches.
With Google already testing the first batch of self-driving cars, pretty soon AI is going to be helping direct and automate larger modes of transport, such as buses and trains. This is going to mean a far more efficient way to get around, one that may also be safer and more efficient than its previous counterparts. Though these are still running on a trial basis at the moment, most researchers are optimistic that pretty soon these will be as common as regular modes of transport.
Software currently being developed in China is looking into paying for regular items at the store using face recognition technology, potentially changing forever the way in which consumers purchase goods. Basic forms of AI are also used on a lot of e-commerce stores, through which consumers are shown items they may be interested in based on their previous purchases, or recommended items they might enjoy based on other consumer spending patterns. Businesses end up making a lot of revenue based on these suggestions, and they’re all computer generated.
The modern workforce is going to look very different after the implementation of AI, especially as more recruiters recognise its value in widening their talent pools and finding the best possible candidates for their jobs. Websites such as LEAP use AI-powered software to scan thousands of CVs and rank candidates based on their suitability for a role, eliminating any possibility of unconscious bias and ensuring companies are finding candidates who are a perfect match.
This month is all about tech here at LEAP. Head to our articles page to learn more.