by Ilio Masprone – Publisher – Knight of the Principality of Monaco for cultural merits

MONACO. In the past few decades, we’ve seen some of the greatest innovative technology advances. We’ve been introduced to devices that have changed our lives forever. Take your smartphone, for instance. Imagine not having that piece of technology with you when you’re driving through an area you have no idea how to navigate. With a few taps on your smartphone, you’re able to navigate through the unknown territory and get to your destination safely. While the smartphone has been an amazing invention, we’re approaching a technological revolution that’s going to enhance not only our lives but the entire world. The global economy is expected to get a $15.7 trillion boost from AI. Obviously, AI is going to shape the technology industry into something more powerful than we’ve ever seen before, but its influence isn’t going to stop there. More industries will be affected by this tech, including health care, automotive, manufacturing, and finance. Let’s get a glimpse at how AI will affect these industries… AI in health care is focused on empowering physicians instead of replacing them. It will give physicians more data that will be crucial to selecting a treatment plan for a patient. Prediction and prevention will improve a person’s health and, in the long term, their life.

Thanks to AI, the automotive industry has been working extremely hard to create self-driving vehicles. Companies like Tesla, Google, Mercedes-Benz, and Ford are investing billions of dollars in building semi-autonomous and fully autonomous vehicles. Driverless cars won’t be a distant dream anymore; they’re becoming a reality that we’ll likely see in our lifetime. Manufacturing has been greatly affected by AI. The technology has been playing an important role in improving enterprise software, enhancing predictive maintenance, and optimizing industrial facilities and machines. In addition to that, AI has improved the way the data is interpreted across departments.Japan is investing in AI and has agreed to build 30 million robots. This new workforce will make Japan the number one manufacturer again. Not to mention, major banks are using AI and machine learning to help them reduce the time spent on mundane tasks like commercial-loan agreements. Things that once took several thousand hours yearly will now take a matter of seconds. So rather than just being one innovative device, artificial intelligence is going to be a technology that unleashes amazing potential on a variety of industries. Industries that are already very important to our economy will become greater and more efficient.

NB Almost totally sourced from Wealth Dayly and , two sites that I highly recommemd to my readers


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