Artificial intelligence is a great tool for analyzing the same type of data. It is actively used in finance, security, and recruiting. Algorithms with AI are already implemented on the bank’s or online live casino’s websites, gaming platforms, and online stores.
AI can be successfully applied in finance, as a special case – in the banking sector to detect fraud cases, control operations, etc. This is an algorithm that learns and detects complex cases and is able to respond to threats both in tandem with a person and on one’s own.
In addition, in the financial sector, AI can be used to analyze trends and make predictions based on statistics. In particular, such analytics is useful for the formation of various kinds of forecasts. It is worth noting, however, that like the “human” forecast, AI may make mistakes.
The next area, which is also related to finance, is an automated trading, for example, in stocks on the stock exchange. Here, as they say – forecasting and speculation are shown in its purest form. True, but there is one “but”: in case of an error, there is no one to ask for a solution.
AI is also used in recruiting. Moreover, this is not just scanning CVs, but searching for candidates with the specified parameters. Ideally, you can use it to analyze open information about the candidate on social networks and the selection of a precisely specified professional. The best online live casinos also use this technology to analyze the new player data.
But AI isn’t just used in finance and recruiting. It is also common in medicine. It can be used for things such as diagnostics and creating treatment plans. Unlike the financial or personnel sphere, where losses are measured in money, in medicine, everything is much more serious – losses, if anything, are measured in people’s health.
The security industry, in particular fraud detection, also boasts the use of AI. For example, there are algorithms that identify potential intruders based on certain behavior patterns. This is done according to the order and speed of operations, the time spent on a particular page, the method of filling out questionnaires and personal data. The system also performed well on online livecasino sites and crypto exchanges.
Another area where AI is used quite intensively is the automotive industry. Unmanned vehicles are the brightest representative of this segment, or various assistants and improvers. For example, parking assistants, early warning systems for possible dangerous situations, and others that cannot be based on some algorithms, and here AI comes into play. Manufacturers are more likely to claim that their systems are built “with elements” of AI. Perhaps this is true, and in these systems, there are both hard algorithms and AI. The price of a mistake here is the highest, because it can affect human lives.
AI can also be useful for regulating traffic. Information from both cameras and navigators is used as input data. Because of it, AI can choose the optimal mode of traffic light’s operation and the opening of reverse lanes. In the most advanced cases, even to control the movement through the inclusion and temporary signs of deactivation.
