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Artificial intelligence (AI) is important in everyday life because it can process and make decisions based on vast amounts of data in ways that humans cannot. AI is already used for applications like fraud detection, virtual customer assistance, and chatbots. As AI technologies like natural language processing and computer vision advance, more industries will use AI to innovate, improve customer experience, and reduce costs. Some free AI tools that demonstrate its capabilities include ChatGPT for question answering, Dall-E for image generation, and Grammarly Go for text correction.

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28 views5 pages

Speech English

Artificial intelligence (AI) is important in everyday life because it can process and make decisions based on vast amounts of data in ways that humans cannot. AI is already used for applications like fraud detection, virtual customer assistance, and chatbots. As AI technologies like natural language processing and computer vision advance, more industries will use AI to innovate, improve customer experience, and reduce costs. Some free AI tools that demonstrate its capabilities include ChatGPT for question answering, Dall-E for image generation, and Grammarly Go for text correction.

Uploaded by

andreisao2010
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Importance of AI in our everyday life

What is AI?

Hello! My name is Andrei Stefanache, and today I will present to


you why Artificial Intelligence is important in our everyday lives.

Now, you might ask “What is AI?” Artificial Intelligence (AI) is a


fields of computer science that combines computer science and
robust datasets to enable problem-solving.

This advanced “tool” gives us a whole another field of research.


Some companies have already implemented this technology to
improve customer satisfaction and to examinate it’s behaviors
while perceiving new data.

WHY IS ARTIFICIAL INTELLIGENCE IMPORTANT?

Today, the amount of data that is generated, by both humans and


machines, far outpaces humans’ ability to absorb, interpret, and
make complex decisions based on that data.
Artificial intelligence forms the basis for all computer learning and
is the future of all complex decision making. As an example, most
humans can figure out how to not lose at tic-tac-toe (noughts and
crosses), even though there are 255,168 unique moves, of which
46,080 end in a draw.

Computers are extremely efficient at calculating these


combinations and permutations to arrive at the best decision.

AI (and its logical evolution of machine learning) and deep


learning are the foundational future of business decision making.

ARTIFICIAL INTELLIGENCE USE CASES

Applications of AI can be seen in everyday scenarios such as


financial services fraud detection, retail purchase predictions, and
online customer support interactions. Here are just a few
examples:

 Fraud detection. The financial services industry uses


artificial intelligence in two ways. Initial scoring of
applications for credit uses AI to understand
creditworthiness. More advanced AI engines are
employed to monitor and detect fraudulent payment card
transactions in real time.
 Virtual customer assistance (VCA). Call centers use
VCA to predict and respond to customer inquiries outside
of human interaction. Voice recognition, coupled with
simulated human dialog, is the first point of interaction in
a customer service inquiry. Higher-level inquiries are
redirected to a human.

 When a person initiates dialog on a webpage via chat


(chatbot), the person is often interacting with a computer
running specialized AI. If the chatbot can’t interpret or
address the question, a human intervenes to
communicate directly with the person. These
noninterpretive instances are fed into a machine-learning
computation system to improve the AI application for
future interactions.

 Advancements in AI for applications like natural language


processing (NLP) and computer vision (CV) are helping
industries like financial services, healthcare, and automotive
accelerate innovation, improve customer experience, and
reduce costs. Gartner estimates that up to 70% of people will
interact with conversational AI platforms daily by the year
2022. NLP and CV provide a valuable link between humans
and robots: NLP helps computer programs understand
human speech, and CV applies machine learning models to
images, and is perfectly suited for everything from selfie
filters to medical imaging.

Some free AI tools are:

1. ChatGPT- You can ask it any question and with a very


complex algorithm it can answer your query in seconds!

2. Dall-E- This Artificial Intelligence tool can create a


picture of anything you could imagine. if I give it a
subject and a style, it can generate me a very cool
image.

For example, A panda riding a horse, watercolor style.

3. Grammarly Go is an AI service that can correct your


text in seconds! It can even make it sound more
professional or casual; business style or formal.
What has AI already been used for?

As I mentioned before, this technology has already


been implemented in products.

Car companies used it to create a self-driving feature;

Apple, made it so through AI, any iPhone can contact a


satellite immediately for emergency services.

Right now, they are working on an Android. And I do


not mean Android as in the phone OS, but as a robot
that looks and behaves exactly like a human. But don’t
worry! As long as it will be programmed for good, it
won’t do any harm at all.

This is my speech on Why is AI important.

Have a good day!

nice day!

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