The Ultimate Guide on Real World Applications of AI [with Training Material Included]

Artificial Intelligence is a significant part of your day-to-day life. You are already using some real-life applications of AI, including virtual assistants like Siri and Alexa. Many of us, however, are not aware that other technological applications use AI systems as well. These include recommendation systems on platforms like Netflix, fraud detection in banking, autonomous vehicles, medical diagnosis, personalized marketing, chat-bots for customer service, predictive maintenance in manufacturing, and image recognition in security systems.

You’ve used most, if not all, of these; you just may not know it. Not yet, anyway. SlideTeam brings you a comprehensive training module on Real-World Applications of AI. The trainer can download this guide with a click here. And why is this guide so useful to (corporate) employees? Here are three major benefits:

1. Increased Innovation and Problem Solving: When employees are trained and educated about the real-world applications of AI, they gain a broader perspective on how AI can be leveraged to solve complex problems and drive innovation within. They can identify opportunities to apply AI techniques and technologies in their work. This knowledge encourages a culture of innovation, where employees actively seek AI-driven solutions to improve processes, create new products or services, and stay ahead of the competition.
2. Enhanced Collaboration and Cross-Functional Understanding: AI is a multidisciplinary field that requires collaboration between teams and departments. The use of AI helps organizations foster a shared understanding of AI concepts, terminology, and cross-functional possibilities. Data scientists, engineers, and business units will find it easier to work together as they can communicate effectively and align their efforts. When this happens, employees work cohesively towards AI-driven projects and initiatives, leading to more successful outcomes.
3. Future-Proofing the Workforce: AI is transforming industries across the globe, and organizations need to adapt to this rapidly evolving landscape to remain competitive. Employees gain valuable skills and knowledge that align with emerging technologies and market demands. They become better equipped to navigate the AI-powered workplace, staying relevant and resilient in a changing job market. This proactive approach to up-skilling and re-skilling employees ensures that the organization remains agile and is primed to take full advantage of AI.

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The Real-World Applications of Artificial Intelligence

This training module provides hands-on experience on 18 applications. We go through these applications, each in significant detail, through the PowerPoint Deck and discuss their components, pros & cons, working, challenges, and more:

Let us begin with the first application, marketing. We take a deep drive with slides on the types of marketing, pros & cons of each type, and finally introduce the role of AI in marketing. What it is, its components, the challenges it faces, its benefits, and uses, such as in social media, email, SEO & content, and voice & text-based marketing.

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We tackle the Finance and financial services industry next. Our PPT Preset sparks a discussion among employees (or trainees) on why AI is important in finance, its applications in the finance market activities (with the help of tables, charts, and graphs), asset management & buy-side, algorithm trading. We also have slides to present the advantages and limitations. All in all, a very thorough explanation is waiting for you past a single download!

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It may not be at the level of Iron Man yet, but AI also finds significant applications in Military and Defense. We dedicate slides to the application such as, better decision-making, unmanned vehicles & drones, better targeting potential, and deployment of military robots. If you have been following the Russia-Ukraine war, you have seen the Ukrainian army’s AI-powered use of drones.

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We also present how much the militaries of countries around the world are using AI for their military. Some real-world examples include the Turkish Drones and Israel’s Iron Dome. We finish the discussion on this application with the limitations of AI for this goal.

Now, we look at telecommunication with a much lower body count. The module presents applications in preventive maintenance, network optimization, fraud detection and prevention, robotic process automation, and more. We present the market size for this technology and the challenges it faces in implementation.

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With Marketing and  finance covered, we take a look at the Sales sector with the 4P use-cases of AI. These are Productivity, Prediction, Personalization, and Performance. We also allow the trainer to dig deep into  AI in sales, and the tools needed for it. We round off with a discussion on the challenges this application faces.

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Medicine is an area where the presence of AI is not directly evident. Hence, we begin with a slide on the importance of this amalgamation and present its wonderful and highly beneficial use in diagnosis, pharmaceuticals, helping lab assistants, and  minimizing mistakes in surgeries.

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Show the audience the videos of robots stitching up banana skins!

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We also study what the future holds for AI in medicine and its pros & cons as we move to other applications.  We cover major industries such as automobile industry, gaming, e-commerce, social media, education, and six more! In a decade, all of these major sectors will be unrecognizable.

These applications are explained in detail with an easy-to understand manner for employees from all departments in your company. It will allow the audience to get a sense of how much they are directed by AI in their routine lives. From personalized recommendations and efficient problem-solving to advanced data analysis and automation, AI has transformed the way we interact with technology. It is being utilized by our mobile devices, social networking sites, internet-based utilities, and even our automobiles. Behind the scenes, AI algorithms comprehend our choices, forecast our requirements and furnish tailored solutions. AI has turned into an essential instrument that influences our daily routines, whether it's enhancing operations, enhancing the quality of decisions made, or streamlining routine duties. It enhances their efficiency, intuition, and personalization.

Key Takeaways and What We Have Learnt

The training module allows the trainer to keep the audience from forgetting what they learnt, after the training is finished. The idea is to ensure trainees are well-versed in the practicalities of AI, in the training hall itself. No homework or reference books in this course. You come in raw in AI; the trainer makes a name only when you are trained in AI basics and applications.

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With key takeaways, the trainer can summarize the course and then have a fun quiz with questions from within the course material.

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We trust that this training has been beneficial. Equipping yourselves with valuable knowledge for the future entails exploring the capabilities, applications, and potential of it. By adopting AI technology, a realm of opportunities becomes available. "We are empowered to innovate, tackle intricate issues, and generate highly efficient and tailored encounters."

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As you continue to delve into the realm of AI, we encourage you to apply your newfound understanding in ways that contribute positively to society and help shape a future where AI is leveraged responsibly for the benefit of all.
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FAQs on Real World Applications of AI

What are the applications of AI?

AI has a wide range of uses. There are several popular uses for natural language processing, machine learning, computer vision, robotics, virtual assistants, healthcare diagnostics, financial analysis, autonomous vehicles and personalized advertising. Our lives can be enhanced in numerous ways by utilizing these applications.

Who is the father of AI?

AI's father is widely recognized to be John McCarthy. In 1956, he was among the pioneers in the field by introducing the term artificial intelligence. Throughout his career, McCarthy played a vital role in AI research and development, making noteworthy contributions.

Is Alexa artificial intelligence?

Alexa is a kind of artificial intelligence, certainly. Amazon's Alexa utilizes algorithms based on natural language processing and machine learning to comprehend and address user inquiries or commands. A smart virtual helper is able to carry out diverse activities like playing songs, scheduling reminders, and providing current weather information. The device is capable of executing various functions such as playing music, scheduling notifications, responding to inquiries, managing smart home gadgets, and numerous other tasks.

What is the future of AI?

All our lives are expected to be significantly impacted by the promising future of AI. Further automation, improved healthcare diagnostics, personalized education, enhanced customer experiences, and more efficient transportation systems will be the outcomes of AI technology advancements. Moreover, it will lead to advancements in scientific investigations as well. As AI advances, there is a requirement to tackle ethical considerations, job displacement, and privacy concerns. Its job performance improves.

What are limitations of AI?

Even as AI has made remarkable progress, its limitations constrain it as well. Some key limitations include the lack of common-sense reasoning and understanding, difficulty in adapting to new situations without extensive training, ethical considerations regarding decision-making and bias, potential job displacement, the need for large amounts of data for effective learning, and concerns over privacy and security in handling sensitive information. Overcoming these limitations will require ongoing research, development, and responsible deployment of AI technologies.