AI applications are becoming more and more intelligent to the point that it is predicted to be able to defeat humans, and large corporations have known how to apply artificial intelligence to gain huge profits. 

Artificial Intelligence (AI) is a global technology trend, attracting investment from businesses in applying it to business, production and management processes. If any business knows how to make the most of the superior benefits of AI technology, they will certainly have an advantage in the growth race of the digital transformation era.

In the previous article, EDUTO gave an overview of artificial intelligence AI applications, so this next article will share applications of AI applications that have surprised the world.

1. AI does Marketing

Marketing is a way to make your product more attractive to customers. Humans, or we are very good at “pretending”, but what if there was an algorithm or a bot that only performed the marketing function for a brand or company? 

In the 2000s, searching for a product online without remembering the name was a nightmare. But now we can easily get a list of results from relevant to exact products on e-commerce sites. It feels like search engines can read our minds.

Finding the right movie on Netflix is ​​a prime example. Netflix has a technology that can predict exactly what viewers are watching. Millions of TV and movie recommendations are sent to users based on their actions and movie choices. The more data it has, the smarter the technology gets at reading viewers.

As AI applications gets smarter, consumers on the web may soon be able to buy a product by snapping a photo of it. Companies like CamFind and their competitors are experimenting with this.

2. AI “Banker”

The presence of artificial intelligence in the banking sector is growing. Many banks today have applied AI systems in customer care services, detecting irregularities and credit card fraud.

Using AI to prevent fraud is not a new concept. In fact, AI applications solutions are available to enhance security across a number of business sectors, including retail and finance. 

Fraud prevention is becoming more effective by tracking card usage and endpoint access. Organizations rely on AI to track these steps by analyzing the behavior of transactions.

Companies like MasterCard and RBS WorldPay have been relying on AI and Deep Learning to detect fraudulent transaction patterns and prevent card fraud for years now, saving them millions of dollars.

3. AI Applications in Finance

Financial ventures have relied on computers and data scientists to identify future trends and patterns in the market. Trading largely depends on the ability to predict the future accurately.

Machines are great at this because they can process large amounts of data in short periods of time. Machines can also learn to observe trends in past data and predict how these trends might repeat in the future.

In the age of mass trading, financial institutions are turning to AI applications to improve stock trading performance and increase profits.

4. Artificial intelligence in farming

It is an alarming fact that the world will need to produce 50% more food by 2050 because we are literally consuming everything. The only way to do this is to use labor resources more efficiently. That said, AI applications can help farmers get more from their land while using resources more sustainably.

Issues such as climate change, population growth and food security concerns have pushed the industry to look for more innovative approaches to improve agricultural productivity. Many organizations are using automation and robotics to help farmers find more effective ways to protect their crops from weeds.

Blue River Technology has developed a robot called See & Spray that uses computer vision technology to detect objects. From there, they can track and spray herbicides precisely onto cotton plants. Precision spraying can help prevent herbicide resistance.

Read more: 5 IT Outsourcing trends businesses need to pay special attention to

5. Artificial intelligence in healthcare

Many organizations and healthcare centers are relying on AI applications to save human lives. There are many cases in the world where artificial intelligence helps people take care of their health.

An organization called Cambio Health Care has developed a clinical decision support system for stroke prevention. With the help of AI applications, the system can detect and alert doctors when a patient is at risk of a heart attack.

Similarly, Aifloo is developing a system to monitor the activities of people in nursing homes, home care, etc. The best thing about AI applications in healthcare is that there is no need to develop a new drug. Just use existing drugs properly, along with AI’s “care” and you can protect your health.

6. AI “Gamer”

Over the past few years, Artificial Intelligence has become an integral part of the video game industry. In fact, some of the biggest AI achievements have come from this industry. A prime example is DeepMind’s AI-based AlphaGo software, which famously defeated Lee Sedol – the world champion in the game GO. 

Not long after, DeepMind also created an upgraded version of AlphaGo called AlphaGo Zero - the "gamer" that defeated its predecessor in an AI vs. AI match.

Read more: Applying artificial intelligence - AI in accounting work in Vietnam

7. AI explores the universe

Space exploration and exploration always require analyzing large amounts of data. Artificial Intelligence and Machine Learning are the best ways to handle data of this scale. After a long research process, astronomers used artificial intelligence to sift through years of data recorded by the Kepler telescope to identify a distant eight-planet solar system.

NASA will also be using AI for its next Mars exploration mission with the Mars 2020 Rover. AEGIS, an AI-based Mars exploration instrument, is already on the red planet. The rover is responsible for the automatic targeting of cameras to conduct investigations on Mars.

8. AI applications in driverless cars

Self-driving cars are a popular phrase in the field of AI applications. The development of autonomous vehicles will certainly revolutionize the current transportation system.

Companies like Waymo have conducted several test drives in Phoenix before launching their AI-powered ride-hailing service. The AI applications​​system collects data from the car’s radar, cameras, GPS, and cloud services to generate control signals to operate the car. Advanced Deep Learning algorithms can accurately predict what objects in the car’s vicinity are likely to do. This makes Waymo cars more efficient and safer.

Another famous example of an autonomous vehicle is Tesla’s self-driving car. Artificial intelligence deploys computer vision, image recognition, and deep learning to create cars that can automatically detect objects and drive around without human intervention.

Read more: Challenges and opportunities for AI Business

9. AI Virtual Assistant: Chatbots

Virtual Assistants are becoming a widely known technology these days. Almost every household has a virtual assistant controlling the devices in the house. Some examples include Siri, Cortana… which are becoming popular because of the user experience they provide.

One example of Google's virtual assistant, called Google Duplex, has amazed millions. It can not only answer calls and make appointments for you, but can also make calls to people on its own.

The device uses natural language processing and machine learning algorithms to process human language and perform tasks like schedule management, smart home control, booking, etc.

10. Artificial Creation

Have you ever imagined AI machines trying to compose music or paint?

An AI applications-based system called MuseNet can compose classical music by legends like Bach and Mozart. MuseNet is a neural network that can create four-minute musical pieces with 10 different instruments and can incorporate styles from country to Mozart to The Beatles.

MuseNet was not explicitly programmed with an understanding of music, instead, MuseNet discovered harmonic, rhythmic, and stylistic patterns through self-learning.

Another AI innovation is Wordsmith – a content automation tool. Wordsmith is a natural language generation platform that can turn your data into in-depth stories. Tech giants like Yahoo, Microsoft, Tableau, are using WordSmith to create about 1.5 billion pieces of content every year.

AI for employee attendance in Vietnam

Currently, many technology companies in the world are trying to develop smart solutions using AI applications.

EDUTO is not out of the trend when creating breakthrough initiatives based on artificial intelligence to serve customers. Grasping the trend of advanced technology as well as being aware of the complex context of the Covid-19 epidemic, an AI application product called ColorME/ ColorME Manage was born. 

ColorME/ ColorME Manage is a comprehensive timekeeping management solution based on checking on their phone when they come into company and use office’s wifi, using advanced AI applications techniques with an accuracy of up to 97% in less than 1 second. After each check-in, AI will have more data to analyze and make recognition faster and more accurate. 

ColorME/ ColorME Manage offers customers a smart “paperless” timekeeping management model and can integrate many other artificial intelligence-based features such as attendance at uni, check in/ check out for big office,…

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