Category: Business, Data, machine-learning, artificial-intelligence
The term artificial intelligence is an umbrella term that covers a wide range of machines that learn through the data that we feed them with to perform certain cognitive tasks just like humans.
These machines possess the ability to read and understand text, hear sounds and understand them, see and identify images and even move flawlessly around obstacles just like humans.
Another survey by Boston Consulting Group (BCG) found that the chances of consumers adding additional items to their basket increases by 110% and their spending amounts increase by nearly 40% when they are provided personalized services.
In advertisement stacks, neural networks help to process a huge amount of data to derive valuable outputs by understanding different patterns and segmentation that exist in the data.
All the discussed use-cases and trends in AI clarify one point, and that is, AI has successfully transformed businesses and processes across the world and will continue to do so in the future by catering to the needs of all kinds of industries and businesses and automating their work efficiently with the help of its cognitive abilities.
These machines possess the ability to read and understand text, hear sounds and understand them, see and identify images and even move flawlessly around obstacles just like humans.
Another survey by Boston Consulting Group (BCG) found that the chances of consumers adding additional items to their basket increases by 110% and their spending amounts increase by nearly 40% when they are provided personalized services.
In advertisement stacks, neural networks help to process a huge amount of data to derive valuable outputs by understanding different patterns and segmentation that exist in the data.
All the discussed use-cases and trends in AI clarify one point, and that is, AI has successfully transformed businesses and processes across the world and will continue to do so in the future by catering to the needs of all kinds of industries and businesses and automating their work efficiently with the help of its cognitive abilities.
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