10 Artificial Intelligence Examples: AI in Practice

Important points

By exploring real-world applications, you can learn about the diverse uses of AI and how this powerful tool can be applied to your industry.

• Your wearable fitness tracker may use artificial intelligence (AI) when you chat with a customer service chatbot or check out a playlist recommended by a streaming service.

• Artificial intelligence is useful in many industries such as finance, education, business, film, and healthcare.

• AI can be used to assess risk, protect national security, run smart products in your home, and predict the weather.

Learn more about 10 examples of artificial intelligence in everyday life. If you want to learn more about AI, consider enrolling in the Google AI Essentials specialization. In this course, led by Google experts, you’ll learn how AI can help you speed up your daily tasks and spark new ideas, use AI responsibly by identifying its potential biases and avoiding harm, and develop strategies to stay up-to-date on emerging developments in AI.

What is artificial intelligence?

Artificial intelligence is a tool designed to mimic human processing and analytical skills to analyze problems, identify solutions, and decide on courses of action. Unlike traditional technologies, artificial intelligence algorithms have the ability to adapt to new information and follow “thought processes” similar to the human brain. This type of algorithm helps experts make informed and data-driven decisions.

Professionals in a wide range of fields are using artificial intelligence, most notably in finance, education, business, film, healthcare, and more. As our understanding of AI and its ability to assist humans in a variety of situations continues to expand, its applications are likely to grow steadily in the coming years.

10 Artificial Intelligence Examples Across Industries

Artificial intelligence has a wide range of applications, many of which you may have encountered without realizing it. Here are 10 real-world examples of artificial intelligence in a variety of industries.

1. Examples of artificial intelligence in risk assessment and management

In the financial industry, artificial intelligence is a powerful tool that helps financial companies make loan decisions. Using AI algorithms, banks and other organizations can use applicants’ personal information to determine whether they are at high risk of loan default. One of the benefits of AI in this context is that algorithms can (theoretically) make unbiased decisions. These AI algorithms can provide insights that bankers use to make investment and lending decisions, depending on user inputs such as risk preferences and outcome goals.

AI also detects overall risk by spotting trends and providing insights that help organizations lower their risk thresholds.

read more: Machine learning in finance: 10 applications and use cases

2. What are some examples of artificial intelligence in customer service?

Businesses are starting to implement chatbots to improve customer service. These chatbots use artificial intelligence to understand input from users and provide human-like responses that customers can understand. They answer direct questions and help customers get the information they need. One of the benefits of chatbots is that they don’t require a human presence, so they can assist customers at any time, potentially reducing hiring costs for businesses.

3. AI in streaming service algorithms

Streaming services like Netflix use AI to improve search results and media recommendations for subscribers. This technology can continually iterate itself to provide users with more personalized content and improve adaptive services. This algorithm takes your previous searches, ratings, and watched content to recommend content you’re likely to enjoy. Streaming services will also use AI to make decisions about what kind of content to produce, who to hire, and what areas to improve.

4. Examples of artificial intelligence in online shopping recommendations

Similar to streaming services, AI algorithms can tailor online shopping content and suggestions based on user activity. This type of algorithm monitors your activity on retail sites, learns your preferences and habits, and provides offers that may be of interest to you.

5. Real-life artificial intelligence example: smart products

Smart products are becoming increasingly popular due to their features that make home life easier for many people. For example, Roomba is a robot vacuum cleaner that can move around the house and clean floors on its own without any human guidance. Advances in smart technology have enabled these robots to follow human instructions and listen to specific commands, such as spot cleaning a specific area. Other examples of smart products include smart light bulbs, doorbells, thermostats, and home assistants such as Alexa.

6. Examples of artificial intelligence in healthcare

In healthcare, artificial intelligence algorithms can predict how a patient will respond to a particular treatment or set of treatments. This type of algorithm can determine which treatments are most effective. To do this, the model is “trained” on a set of data, including previous illnesses, patient characteristics, and outcomes. By identifying trends in outcomes, healthcare providers can provide more personalized care to patients.

7. AI in National Security Assessment

Government departments use AI to analyze large amounts of data and find patterns associated with suspicious activity. AI is a powerful tool to increase the speed and agility of these types of security techniques, as AI algorithms can process large amounts of data much faster than humans.

8. Examples of artificial intelligence in educational evaluation and feedback

In education, AI algorithms can grade exams and provide insight into trends in incorrect answers. For example, if a large proportion of learners miss a particular question, the AI ​​algorithm can provide feedback to the instructor regarding the type of content that the learners are missing. This helps determine the direction of education and improve learning outcomes. Based on learner needs, AI algorithms can also adapt to different learning styles and provide personalized instruction for each learner.

9. AI in self-driving car development

Self-driving cars have long been a topic of debate due to the potential dangers associated with algorithmic errors. However, these are great examples of how artificial intelligence algorithms can be used to enable machines to “sense” the world around us and make informed decisions without direct human input.

10. What is an example of artificial intelligence in weather forecasting?

Artificial intelligence algorithms help many weather applications quickly predict future weather based on global trends and current information. These models can reduce costs, save energy, and provide continuous updates and changes to information compared to traditional methods. They have proven higher accuracy than humans in some tests and are becoming more common in applications. One recent example of this is GenCast, a machine learning and artificial intelligence model funded by Google DeepMind and Alphabet. The model can predict hundreds of weather variables internationally and outperforms current industry standards on 97.2% of tested variables. [1].

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