It’s 2024, and we’ve already plunged deep into the world of AI(Artificial intelligence). Who would’ve imagined that Jarvis from Iron Man, and the computer from Courage the Cowardly Dog would become a reality.
It’s a reality that some dread, whereas some adore. Skeptics consider it a controversy, whereas it’s admirers consider it as an improvement to the quality of life. Look around, and you’ll see AI turning the routine and mundane tasks of daily life into a piece of cake.
According to the latest statistics, as of the end of 2023, the Global AI market stands at $150.2 billion, which is expected to further continue in 2024.
In today’s blog, we’ll look at how AI has improved our quality of life and revolutionized the way we function as human beings. Keep yourselves hooked till the end, because this will be a roller coaster ride.
First, let’s introduce our Artifically Intelligent friend, and take a look at what he/she brings to the table.
What is AI?
AI is devices programmed to be intelligent like humans, with the ability to process instructions and provide feedback, output, and advice. AI isn’t only limited to chatbots like Chat GPT and Bard. Rather, AI inhibits most of the things we do today, whether it’s website searches, or the use of IoT devices.
For example, Google processes billions of searches everyday, which isn’t possible with humans. Google’s algorithm AI ensures that each search yields the user’s desired results.
In a crux, AI limits the need for human intervention, and designs elaborate workflows, mostly eliminating the chances of error, and speeding up work.
Now, let’s discuss the wonders of AI in Detail.
How AI is used in Daily Life
We may not even realize that AI is being used in every walk of life. Here’s how.
1. AI for information and research
Remember the time when we had to resort to searching every bit of information from Google and Bing? The process involved scrolling and kicking through countless links to get the right information needed to write a decent piece of content. But now, that’s not the case. Enter chatbots like Chat GPT and Bard.
Now, whether you want an elaborate outline for your blog, or a blueprint for the content for a blogpost, it’s all a piece of cake. Open Chat GPT, write what you’re looking for, and just in a click, you’ll get a comprehensive result, just within a few seconds.
Moreover, AI bots not only provide information, but also concepts. So, if you’re facing some “brain fog”, and you need an engaging caption for a new offer, don’t worry. Ask Chat GPT or Bard, and they’ll provide you with the kind of content that you require.
Once you have the content, just tweak it according to your needs, and you’ll have the kind of content that you’re looking for, without the need of having to spend hours to come up with something from scratch.
But, a little newsflash at this point. AI is a machine, and at times, it may produce incorrect instructions or statistics. So, be vary of this.
2. Ensuring Gramatical Correctness and Maintaining Clarity
The wonders of AI aren’t only limited to providing concepts for content. Artificial intelligence has also extended it’s capabilities in being able to analyze pieces of text from grammatical issues and clarity. Take Grammarly for instance. The Grammarly app not only identifies minor punctuation issues and misspelled words, but also provides alternatives to shorten sentences for better clarity and simplified communication.
But that’s not all. Google sheets also provides suggestions for the next word/phrase that you should use to complete your sentence. Thus, you invest less time in thinking and structuring each sentence, improving your efficiency, and reducing the time it takes to write a piece of content.
3. Artificial intelligence in IoT devices
Your IoT devices also majorly incorporate AI to achieve day to day tasks. For example, your smartphones are filled with sensors which gather real-time data. The data is then processed by AI, which helps the device make targeting decisions.
So next time, don’t get astonished when you suddenly receive a notification regarding something that you just searched about. It’s the magical wand of Artificial intelligence which calls all the shots.
As a result, the AI in IoT devices helps brands automatically target their promotions to the relevant audiences, promoting impulse purchases, and generating revenue.
But, AI isn’t only restricted to Smartphones and TVs. Infact, AI is also being used in industrial and healthcare IoT devices. In industrial IoT, AI plays a great role in monitoring the health of machinery and predicting future equipment failures.
Thus, floor supervisors can address the problems beforehand to avoid repair costs and extended downtime. Now, let’s talk about the influence of IoT in healthcare. Healthcare IoT devices such as wearables use AI to monitor patient health and predict emerging diseases, also providing a suggested course of action to improve the quality of life.
Hence, the use of AI in IoT devices influences their smartness and also provides valuable output for the user.
4. Use of AI to design concept art
Perhaps the latest innovation in AI is the introduction of AI in software such as Adobe Illustrator. Because of this innovation, you no longer to spend hours sketching multiple concepts. Now, the AI provides you with a tailormade prototype that you can edit according to your needs.
Adobe’s Firefly Generative AI helps you design amazing editable vector graphics. The AI is available right now on in both trial and paid versions. So, depending on your needs, you can choose the best fit for yourself.
5 . AI for investment advice
AI is also a great source of investment advice for investors and portfolio managers. There are many instances available on Youtube where AI has been used to seek advice for stock market options.
AI can analyze your current portfolio and use information from the stock market to analyze market occurrences. Then, AI uses its predective ability to decide the best option for investment for you.
Thus, AI is a great source to predict market trends and predict future decisions effectively. But once again, it shouldn’t be your only source of information for investment advice.
The Takeaway
Artificial intelligence has played a major role in simplifying workflow, and providing split-second output to aid in decision making and information dissemination. AI has changed the world order by…
- Providing information and engaging content to be used for marketing and communication purposes.
- Becoming an integral part of IoT devices to collect information and aid companies in targeting the right audience.
- Aid designers in designing visually appealing concepts for social media handles and websites.
- Providing predictive advice to investors by leveraging real-time data from markets and portfolios.
Hence, AI has greatly simplified and aided people and organizations in day-to-day decision making and working.
