Artificial Intelligence changed our life because this technology is used in a wide area of day to day services. It is used to develop machine slaves for speeding up our work by fastening accurate result by reducing human effort. Artificial Intelligence systems provide businesses with a wide range of benefits, including personalized marketing, customer service, operational automation, inventory management and recruitment. Artificial Intelligence used to handle numerous activities in the bank. It handles work like financial operations, Money investing in stocks, Managing different properties and much more. In medical science, Artificial Intelligence is used to create virtual personal health care assistant. They are used for research and analytics.
Even healthcare bots are also introduced to give customer support. Bots are used for scheduling an appointment in hospitals. Artificial Intelligent based Chat bots can interact with unlimited customers at the same time and can both respond and initiate communication. Artificial Intelligence also can be used for Real-time Assistance. Take an example of bus companies. They already tracking the location of their buses and provide travelers with real-time updates about where the bus is along its route and its estimated time of arrival.
Business using Artificial Intelligence can help to review about jobless ratio, Philips Curve, performance, management, CRM Analytics, customer relationship management, sales, strategic planning, mass production, Purchasing Power Parity, GDP, inflation, money, Central Banks, Banking System, coaching, training, accounting, taxes etc.
Industry 4.0 and Artificial Intelligence :-
Four stages of Industrial Revolution as,
Industrial robots, which are one of the key drivers in Industry 4.0, have evolved considerably since the last decades of the 20th century. According to U.S. "industry 4.0" like the Internet of Everything. Industry 4.0 is nomenclature like “Smart Production”, “Smart Manufacturing”, “Smart Industry” or “Smart Factory” are used in Europe.
READ MORE AT Artificial Intelligence And It’s Impacts On Industry 4.0 and Healthcare
Even healthcare bots are also introduced to give customer support. Bots are used for scheduling an appointment in hospitals. Artificial Intelligent based Chat bots can interact with unlimited customers at the same time and can both respond and initiate communication. Artificial Intelligence also can be used for Real-time Assistance. Take an example of bus companies. They already tracking the location of their buses and provide travelers with real-time updates about where the bus is along its route and its estimated time of arrival.
Business using Artificial Intelligence can help to review about jobless ratio, Philips Curve, performance, management, CRM Analytics, customer relationship management, sales, strategic planning, mass production, Purchasing Power Parity, GDP, inflation, money, Central Banks, Banking System, coaching, training, accounting, taxes etc.
Industry 4.0 and Artificial Intelligence :-
Four stages of Industrial Revolution as,
- First Industrial Revolution - At the end of the 18th century which was mechanical production on the basis of water and steam.
- Second Industrial Revolution - At the beginning of the 20th century happens during the introduction of conveyor belts and mass production.
- Third Industrial Revolution - In the field of digital automation of production by means of electronics and information technology system.
- Fourth Industrial Revolution - Today, the industrial landscape is again being transformed to the fourth stage with the rise of autonomous robots, contemporary automation, cyber-physical systems, the internet of things, the internet of services, and so on.
Industrial robots, which are one of the key drivers in Industry 4.0, have evolved considerably since the last decades of the 20th century. According to U.S. "industry 4.0" like the Internet of Everything. Industry 4.0 is nomenclature like “Smart Production”, “Smart Manufacturing”, “Smart Industry” or “Smart Factory” are used in Europe.
READ MORE AT Artificial Intelligence And It’s Impacts On Industry 4.0 and Healthcare
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