Applications of AI in The Modern World

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A P P L I C AT I O N S O F A I I N M O D E R N W O R L D

Arti cial intelligence (AI) has been used in applications to alleviate certain problems throughout
industry and academia. AI, like electricity or computers, is a general purpose technology that has a
multitude of applications. Its has been used in elds of language translation, image recognition etc.

S EA RCH E NGI NE S
Economic, social and agricultural challenges
A search engine is a software system designed to carry out web searches. They search the
world wide web in a systematic way for particular information speci ed in a textual web
AI for good is an ITU initiative supporting search query. The search results are generally presented in a line of results, often referred to
institutions employing AI to tackle some of the as search engine result pages (SERPs). The information may be a mix of links to web pages,
images, videos, infographics, articles, research papers and other types of les. Some search
world's greatest economic and social challenges.
engines also mine data available in databases or open directories. They maintain
For example, the University of Southern California information be running algorithm. Data that can’t be indexed falls under deep web.
launched the Centre for Arti cial Intelligence in
VIRT UAL AS SI STAN T S
Society, with the goal of using AI to address
problems such as homelessness. At Stanford, An intelligent virtual assistant (IVA) or intelligent personal assistant (IPA) is a software
agent that can perform tasks or services for an individual based on commands or
researchers use AI to analyse satellite images to
questions. The term "chat-box" is sometimes used to refer to virtual assistants generally or
identify high poverty areas. In agriculture, AI has speci cally accessed by online chat. In some cases, online chat programs are exclusively
helped farmers identify areas that need irrigation, for entertainment purposes. Some virtual assistants are able to interpret human speech
and respond via synthesised voices. Users can ask their assistants questions, control home
fertilisation or pesticide treatments, increasing
automation devices and media playback via voice, and manage other basic tasks.
yield. Agronomists use AI to conduct research and
development. AI has been used to predict the FACIAL RECOG NI TION AN D I MAGE LABE LLI NG
ripening time for crops such as tomatoes, monitor A facial recognition system is a technology capable of matching a human face from a
soil moisture, operate agricultural robots, conduct digital image or a video frame against a database of faces, typically employed to
authenticate users through ID veri cation services, works by pinpointing and measuring
predictive analysis, classify livestock pig call
facial features from a given image. Automatic image annotation (also known as automatic
emotions, automate greenhouses, detect diseases image tagging or linguistic indexing) is the process by which a computer system
and pests, and save water. automatically assigns metadata in the form of captioning or keywords to a digital image.
This application of computer vision techniques is used in image retrieval systems
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Trading & investment
CYBER E DUCATION
Algorithmic trading involves the use of AI
systems to make trading decisions at
SECURITY
speeds orders of magnitude greater than Cyber security companies are adopting
any human is capable of, making millions neural networks, machine learning, and
of trades in a day without human natural language processing to improve
intervention. Such high-frequency trading their systems.
represents is a fast-growing sector. Many
banks, funds, and proprietary trading Applications of AI in cyber security:
rms now have entire portfolios that are
• Network protection: Machine learning
AI-managed. Automated trading systems improves intrusion detection systems
are typically used by large institutional by broadening the search beyond
investors, but include smaller rms trading previously identi ed threats.
with their own AI systems. Large nancial
• Endpoint protection: Attacks such as
institutions use AI to assist with their AI tutors allow students to get one-on-
ransomware can be thwarted by
investment practices. BlackRock's AI learning typical malware behaviours. one help. They can reduce anxiety and
engine, Aladdin, is used both within the stress for students stemming from tutor
company and by clients to help with • Application security: can help counter
labs or human tutors. AI can also create
investment decisions. Its functions attacks such as server-side request
forgery, SQL injection, cross-site a dysfunctional environment with
includes the use of natural language revenge e ects such as technology that
scripting, and distributed denial-of-
processing to analyse text such as news, service. hinders students' ability to stay on task.
broker reports, and social media feeds. It In other scenario, AI can help educator
then gauges the sentiment on the • Suspect user behaviour: Machine
for student early prediction in virtual
companies mentioned and assigns a learning can identify fraud or
compromised applications as the they learning environment (VLE) such as
score. Banks such as UBS and Deutsche Moodle. Especially, during the
occur.
Bank use SQREEM (Sequential Quantum COVID-19 pandemic, learning activity
Reduction and Extraction Model) to mine is force to be conducted in online to
data to develop consumer pro les and reduce the virus spread through face-
VIBHUTI CHANDNA
match them with wealth management to-face meeting.
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products.
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