{"id":3921,"date":"2017-12-23T11:31:58","date_gmt":"2017-12-23T11:31:58","guid":{"rendered":"https:\/\/www.maria-johnsen.com\/multilingualSEO-blog\/?p=3921"},"modified":"2023-08-14T17:33:30","modified_gmt":"2023-08-14T17:33:30","slug":"how-fintech-and-key-industries-are-impacted-by-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/www.maria-johnsen.com\/multilingualSEO-blog\/how-fintech-and-key-industries-are-impacted-by-artificial-intelligence\/","title":{"rendered":"How Fintech and Key Industries are Impacted by Artificial Intelligence"},"content":{"rendered":"

Artificial intelligence (AI)<\/a> has been\u00a0 gaining recognition among investors and executives in various industries worldwide. The aim is to offer machines human-like intelligence and capacity to reason, upgrade functionality, fixing human errors and helping companies to improve their end user experience.\u00a0 AI technologies such as: speech recognition, natural language processing<\/a>, deep learning and machine learning have impacted key industries during recent years despite the fact that certain companies have been trying to create fear from A.I and robotics. It is\u00a0some companies’ sales strategy.<\/p>\n

It all started when Elon Musk spread all over social media and PR platforms the fear from A.I bandwagon. I noticed many A.I experts were buying it and it was getting out of control, so we provided proof and reasoning through a series of campaigns on social media that this wasn’t true. The stream media and some A.I tech journalists noticed my efforts and helped with increasing awareness about the benefits of artificial intelligence and robotics. Everytime Tesla is in trouble, you hear or read horror stories about A.I and robotics. Elon Musk, Donald Trump and a few other businessmen use fear strategy when their companies have problems. They drive media, their investors, shareholders and clients’\u00a0 attention to something else when something fishy is going on.Does this business strategy work for them? Yes. Should you do the same thing for your business? No. Because you need key decision makers in media, politicians and investors to support you and having those people in your circle of allies requires implementing certain strategies and politics. Back to the impact of A.I on industrial advancements.<\/p>\n

Industries such as tourism, travel, retail, BFSI, media, advertising, digital marketing, web security, IT, telecommunication, hospitality etc. need to process large quantities of data and this is done by artificial intelligence , machine learning, data processing and deepmind.<\/p>\n

Key Industries Impacted by Artificial Intelligence Technology<\/strong><\/p>\n

The emerging AI technology was first exploited and put to good use by manufacturers; especially in their assembling and packaging departments. There are some more complex tasks that machines now handle thanks to AI technology. Artificial intelligence helps with assembling and testing of electronics, vehicles, creating smart city, smart homes etc.<\/p>\n

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