The Influence of AI in Every Industries

This article delves into the transformative power of AI across various industries, examining its benefits in efficiency and transparency while addressing the ethical considerations and potential job market impacts.

May 27, 2024 - 18:07
Jun 21, 2024 - 17:01
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The Influence of AI in Every Industries
The Influence Of AI

“Shocked, angered, and in disbelief” after hearing the “eerily similar” to her voice by Sky in an OpenAI chatbot,  she launched a lawsuit for an infringement of privacy, theft of both voices and copyright of the intellectual property against the founder SamAltman, after not consenting to her voice being imitated. Later, the Artificially intelligent chatbot removed her voice, similar to hers.  Did she win? Yes, she did. 

The AI chatbot, at that time, was intended to have an empathetic and feminine voice to reach the consciousness of its audience. So, her voice was the best option. Suppose one of the leading Hollywood actresses can express her fears and take action against this. This describes the mysterious strength of AI. It is a tool that could be used in an exemplary manner or bad, depending on the morals of the creator. My dear reader, that's surprising. It is astonishing that voices, faces, and live videos can be imitated. A lot of lives can be influenced. 

Then, It should remind people that the not-too-distant future of technology replacing human functions in many ways is coming to reality as its influence is growing like wildfire. From drivers being replaced by self-driving AI cars to waiters in restaurants being replaced by AI robots and Factory workers being replaced by Robots.  How does this happen? Never mind, the rest of this treatise will show and tell you how. 

The  influence of AI can be seen across many industries in the context of men's needs, leisure, and the challenges it faces. Despite its consequences, AI in Providence seeks solutions and ease in the affairs of humans in the tiniest of its needs. For example, the food, the thoughts we think, the decisions we have to make, and the life we live.

How?

 According to McKinsey, AI-driven agriculture will potentially increase global farm production by 67% by 2050. With the AI algorithm, we could achieve sustainable and efficient food production; AI can analyze data from soil and weather to recommend precise planting plans or identify areas that require attention. AI can also help economize farm resources by optimizing various forms of farming like irrigation, pest control, and fertilization through the precise autonomous analysis of data from sensors, drones, and satellites. This might give an employer introspection to the farm Labor by reducing the number of laborers on the farm, thus affecting the job drastically. One thing to know is that while it may replace jobs , it could create some  by creating technicians to operate these farm tools—a win for the consumers, employers, and Employees. 

   There are indeed industries where AI cannot replace human power fully but rather influence the dynamics of it. An excellent example is recreational activities like sports. Sports have been influenced in  recent years by  AI, as it depends on driven data analytics. Rather than the traditional scouting method, AI can identify promising talent for teams by determining the number of metrics they fulfill for the roles needed. It can even analyze data on the opposition team and give tactics to win against them.

An excellent example is football, where players use a Virtual reality screen to help improve their style of positional play. One of the functions of AI is that it is a game-changer in the recreational world by helping athletes avoid injuries. All it has to do is analyze an athlete's biomechanics workload and track injury records to personalize training

 One of the many fears people face is the constant thought about the roof that covers their heads or places where business will be made. And the situation has been explored and exploited by real estate financiers and agents. For instance, In Lagos, before houses are toured around for rental or property acquisition, fees are meant to be given to the agent irrespective of the conclusion made by the prospective client (add a proof to this point). This is morally wrong, but if AI is used in other modern situations, homes and properties can be remotely explored with Augmented Reality and virtual tours.

In the same Vein, Real estate Investors can use AI to make behavioural  decisions by assessing customers' behaviours and preferences to make it easier to target them with market campaigns. Furthermore, AI can create property Valuation based on the environment, research, and market feasibility. 

Furthermore, the finance sector is an integral part of human survival and a challenge to many owing to the unavailability of or the cons and risks based on human decisions and actions. Over time, Fraud has been a complicated issue to be tackled. Cyber warfare on finance keeps getting dangerous as humans are outpacing themselves to steal,  yet incorporating innovative autonomous Software can help track unusual activities that may indicate fraudulent acts. The trendy influence of data analytics by humans in many business sectors is used to foresee the outcome of consumer decisions. With AI-powered Applications, in nano or few seconds, a vast amount of data can be used to forecast market sentiment and bias, influencing decision-making. AI chatbots can also serve as consultants to provide financial advice to customers and loans based on their historical track record. 

And there’s one place you should start. Such is the paradoxical nature of AI as it continues its evolution. But though it brings incredible breakthroughs in virtually every field, ranging from agriculture to finance, the way it is (and will be) put into action requires appropriate ethical considerations. The lawsuit for the voice infringement system creates legal precedence and reinforces the idea that consent and respect for individual rights are a priority with AI. There is no doubt that AI’s influence on industry will enhance efficiency and transform the job market, which means workers must prepare now to acquire new skills. Second, the vast scale of AI’s impact on humans can be evidenced by its ability to change ways of recreation for people and improve safety. In real estate, AI-driven innovations specialize in transparency and efficiency, reducing long-standing problems like exploitative activities. This is in the same threshold in Finance;  AI’s role in detecting shady activities is a breakthrough as it secures customers' trust. 

In conclusion, AI's potential should not be overlooked in all sectors as it requires ethical standards that correspond with safeguarding human rights and values.

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