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Artificial Intelligence and its importance in the next industrial revolution of 2020

Artificial Intelligence and its importance in the next industrial revolution of 2020

Naveen Mathew966 18-Oct-2019

The fundamental of creating an AI-based algorithm is to create efficient and intelligent algorithms that can be used to solve real-world challenges. Artificial Intelligence is used to do the automation of the jobs of repeatable nature. According to the sources by 2030 around 50% of the jobs in the U.S will be automated which further leads to job cuts. This may remove old jobs but also many new jobs would be created, which further will create the necessity of professionals with AI skills. As a result of which a lot of artificial intelligence training will be required to create the necessary skillset.

Therefore it has become very important for one to get skilled in this particular technology and to climb the corporate ladder in the coming years. From Google's driverless cars to Amazon Go stores AI has conquered everything that comes into the picture. In some of the top IT hubs in our country like Bangalore, the demand for professionals in the domains of Machine Learning and Artificial Intelligence has surpassed over the past few years. Apart from this a lot of artificial intelligence tutorial is available in the market right now. 

The following are some of the top industries that have implemented Artificial Intelligence Algorithms to some of their processes: 

1. Financial Industry: Some of the leading banks like the HDFC banks have started using AI-based algorithms implemented robots to count their notes or the currency. This is mostly done to cut off the extra costs involved in the entire process. 

2. Healthcare: This particular Health care industry has started using AI-based robots that can perform surgical operations on humans. More than 17000 surgeries have already been done until today. 

3. Retail: Nowadays many retail stores have started using the AI-based algorithms to analyze your purchase history and accordingly it will show new product recommendations to consumers. 

4. Manufacturing: Many AI-based robots have already started their operations in manufacturing and designing various cars and bikes according to consumer behavior. 

One can very easily crack any AI job and can climb the corporate ladder by means of artificial intelligence interview questions 

Artificial Intelligence and its importance in the next industrial revolution of 2020


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