With the rapid advancement in technologies, enterprises across the world are gradually adopting digital initiatives in order to increase productivity and enhance Customer Experience (CX). And technical skills such as automation, analytics and Artificial Intelligence (AI) are in high demand for accomplishing these objectives.

A comprehensive overview of the importance of AI in various industries will help to understand why you should join an AI training institute in Kolkata. Let’s check them out.

 AI in Healthcare
Artificial intelligence plays the role of an expert clinical assistant and helps doctors to work more efficiently and offers reliable diagnostic results. We can already witness AI applications in the fields of imaging, diagnostics, and oncology.

Further, machine learning has the power to improve remote patient monitoring. The algorithms of artificial intelligence can obtain information from electronic prescriptions, health records, and insurance records to create a personalized treatment plan for the patients.

Thus, the AI-based technologies encourage the discovery and development of new drugs and medicines.

AI in the Financial Industry
Though several financial service providers often emphasize wealth management to be a profession requiring a personal approach, their sceptical view is undermined by the AI industry experts. The argument of the latter group is based on the following:

The rapid development of technology indicates a gradual but unavoidable change in the finance landscape. The massive increase in computational power, the fast advancement in the Internet of Things (IoT) applications, and the further growth of smart machines are sure to accelerate the global adoption of artificial intelligence.

Bankers and financial service providers often stress on the “personal” aspects as the focal argument against the adoption of machine learning, deep learning, and AI in the industry.

Ironically, the consumers are often found to be complaining against the impersonal and arrogant bankers. Further, the time-consuming interaction with human service providers can be done away with AI chatbots.

Conversational AI is bringing a revolution and transforming our manner of interacting with technology. Google Assistant, Siri, Alexa, and Cortana are immensely helping us to accomplish various difficult tasks.

In fact, investors and consumers, too, are valuing the companies that have adopted these new technologies. Thus, it comes as no surprise that Apple, Microsoft, Amazon, and Alphabet are replacing the traditional financial hubs and oil enterprises as the largest companies across the world (source: Visual Capitalist).   

Several Types of AI Used in Various Fields
A comprehensive idea about several types of AI machines used in various fields will help you to understand its wide variety and applications.  

Type I - Reactive Machine - It specializes in a particular area. Reviewing commercial loan agreements can be an example of this type of AI.

Type II - Limited Memory - Such an AI machine can retain data for a short time period and execute the right action in a specific situation. Chatbots, self-driving cars, and personal digital assistants are some of its examples.

Type III - Theory of Mind - This has the potential to understand emotions and thoughts that affect human behaviour. For instance, Softbank Robotic’s “Pepper” is able to organize a large amount of information and data to have a human-like conversation.

Type IV - Self Awareness - A machine using this kind of AI is super intelligent, self-aware, and conscious.  

Conclusion
The immense popularity and implementation of AI underlines the relevance of studying artificial intelligence, deep learning, and machine learning, along with their applications.

The opportunities and potential of AI are unlimited and an artificial intelligence training in Kolkata from a reputed institute like Samavetah can help you to explore several job roles like those of computer scientist, gaming programmer, robotic specialist, and software engineer.

Got a query? Feel free to reach us at 033 40674187 / 9674162544 or email us samavetah@gmail.com