AI IN ACTION: HOW DIFFERENT SECTORS ARE USING SMART
TECH
Think of AI as a superstar celebrity; it’s popping up everywhere, and
everyone wants a piece of it! Let’s take a whirlwind tour of different
business scenes and see where AI has been making headlines.
Sector-specific Investigation: Industries Transformed by
AI
Healthcare: AI – The Doctor’s New Best Friend
- Medical Imaging and AI: AI, particularly Convolutional Neural Networks
(CNNs), is revolutionizing medical imaging. CNNs enhance early disease
detection, sometimes outperforming experienced radiologists (Agrawal,
Gans, & Goldfarb, 2022) [1]; (Davenport & Ronanki, 2018)
[11]; (Jordan & Mitchell, 2015) [16].
- NLP in Psychology: Natural Language Processing (NLP) in psychology
analyzes speech and writing to aid in mental health treatments.
- Personalized Treatments: AI algorithms create customized treatment
plans by analyzing patient data.
- Predicting Patient Needs: AI predicts patient needs in hospitals,
improving resource management.
- Medicine Development: AI expedites drug discovery, from identifying
drug candidates to predicting interactions and tailoring medications.