A career in artificial intelligence after B.Tech is promising for those who are entering the engineering horizon after 2020. The fourth Industrial Revolution (IR 4.0) has changed the landscape of educational opportunities and jobs and so is its career scope. IR 4.0 is controlled by artificial intelligence and digital physical frameworks that make human-machine interface more universal – that is across devices. If you master artificial intelligence skills, you will have promising opportunities after graduation. Quick revolution in innovation has delivered another model of education for the future ─ Education 4.0. Career in Artificial Intelligence means you are an expert in Education 4.0.
To prepare graduates for future life and work achieved by IR 4.0 where more smart robots will supplement people in certain activity divisions. Education should harness pertinent information and abilities that couldn’t be replaced by robots. A career in artificial intelligence includes a career in robotics and automation, machine learning and data analytics. Innovation interruption that produces Education 4.0 that focuses on educational development and skill has made future learning more customized, hyper, intelligent, portable, worldwide and virtual. Past the 21st century abilities, advanced skill and development, for example, Artificial Intelligence (AI), huge information and examination, distributed computing and portable arrangement, online networking, the Internet of Things (IoT), Virtual Reality (VR) and Augmented Reality (AR) with computerized pleasures are in a general sense changing the flow of education and instructional advances landscape into new type of computerized teaching method and smart classroom.
Self-sufficient and intelligent robots, rambles, vehicles and classrooms are joys of the day.
Have you been following all the coverage about the fourth industrial revolution – Industry 4.0, as it’s sometimes called? Big data, artificial intelligence and robotics will fundamentally change the way products are designed and built and how services are provided. They are already changing how we live and communicate.
When we talk about Artificial Intelligence and its applications, the brain invokes pictures of Terminator movies and machines destroying the world. Thankfully, the present scenario is significantly more positive. Let us see how AI is helping our lives and at last benefiting humankind. In this article on Artificial Intelligence applications, we will see how AI has impacted various fields like marketing, finance, banking and so on.
When a customer searches for an item on any e-commerce store, they get all possible results related to the item that was searched. It’s almost like these search engines read our minds! Within no time, the user gets a list of all relevant items related to the item searched for. A best example of this is finding the right movies on Netflix.
Netflix provides highly accurate predictive technology based on customer’s reactions to films. It searches and understands millions of records intelligently to suggest shows and films that the user might like based on the past activities and choices of films. As the volume of data set grows, this technology will get smarter and smarter every day, every moment.
Artificial Intelligence & Career in Banking Sector
Banking sector too has promising careers in Artificial Intelligence. Artificial Intelligence in banking is growing faster than we all expected! A lot of banks have already adopted AI-based systems to provide customer support, detect anomalies and credit card frauds. An example of this is HDFC Bank.
HDFC Bank has an AI-based chatbot called EVA (Electronic Virtual Assistant), built by Bengaluru-based Senseforth AI Research. Eva has addressed almost over 3 million customer issues, interacted with over half a million unique users, and held over a million conversations. Eva can collect knowledge from thousands of sources and provide simple answers.
Artificial Intelligence & Career in Finance Sector
Corporate ventures have been relying on computers and data scientists to determine future patterns and trends in the market to improve the value of stock, develop products and services, etc. Trading and stock markets mainly depends on the ability to predict the future accurately.
Machines and intelligent learning programs are great at this because they can crunch a huge amount of data in a short span of time. Machine learning programs can also learn to observe patterns from past data & predict how these patterns might repeat in the future.
In the age of ultra-high-frequency trading, financial organizations are adopting artificial intelligence to improve their stock trading performance and boost profit.
Artificial Intelligence & Agriculture
An alarming fact is that the world will need to produce 50 percent more food by 2050 because we’re literally eating up everything! The only way this can be possible is if we utilize our resources more carefully. With that being said, AI can help farmers get more from the land while utilizing the resources in a more sustainable fashion.
Issues such as unpredicted and unexpected climate change, natural calamities population growth, and food security concerns have pushed the industry into seeking more innovative approaches to improve crop yield.
Organizations are using automation and robotics to help farmers find more efficient ways to protect their crops from weeds.
Artificial Intelligence & Health Care
When it comes to saving the lives of people, a lot of organizations and medical care centers are relying on AI. There are many examples of how artificial intelligence in healthcare has helped patients all over the world. There are vast career opportunities in artificial intelligence applications in healthcare sector after graduation
An organization called Cambio Health Care developed a clinical decision support system for stroke prevention that can give the physician a warning when there’s a patient at risk of having a heart stroke.
Artificial Intelligence & Gaming
Over the past few years, Artificial Intelligence has become an integral part of the gaming industry. In fact, one of the biggest accomplishments of artificial intelligence is in the application development for the gaming industry.
DeepMind’s AI-based AlphaGo software, which is known for defeating Lee Sedol, the world champion in the game of GO, is considered to be one of the most significant accomplishments in the field of AI.
Artificial Intelligence & Space Exploration
Space expeditions and discoveries always require analyzing vast amounts of data. Artificial Intelligence and Machine learning is the best way to handle and process data on this scale. After rigorous research, astronomers used Artificial Intelligence to sift through years of data obtained by the Kepler telescope in order to identify a distant eight-planet solar system.
Artificial Intelligence & Autonomous Vehicles
In the past several years, self-driving cars have been a buzzword in the artificial intelligence industry. The development of autonomous vehicles by applying artificial intelligence will definitely revolutionize the transport system across the globe.
Companies like Waymo conducted several test drives in Phoenix before deploying their first AI-based public ride-hailing service. The AI system collects data from the vehicles radar, cameras, GPS, and cloud services to produce control signals that operate the vehicle.
Artificial Intelligence & Chatbots
These days Virtual assistants have become a very common technology. Almost every household has a virtual assistant that controls the appliances at home. A few examples include Siri, Cortana, which are gaining popularity because of the user experience they provide.
Amazon’s Echo is an example of how Artificial Intelligence can be used to translate human language into desirable actions. This device uses speech recognition and NLP to perform a wide range of tasks on your command. It can do more than just play your favorite songs. It can be used to control the devices at your house, book cabs, make phone calls, order your favorite food, check the weather conditions and so on.
Artificial Intelligence & Social Media
Ever since social media has become our identity, we’ve been generating an immeasurable amount of data through chats, tweets, posts and so on. And wherever there is an abundance of data, AI and Machine Learning are always involved.
In social media platforms like Facebook, AI is used for face verification wherein machine learning and deep learning concepts are used to detect facial features and tag your friends. Deep Learning is used to extract every minute detail from an image by using a bunch of deep neural networks. On the other hand, Machine learning algorithms are used to design your feed based on your interests.