Artificial Intelligence

Cards (16)

  • AI procedures
    Used to analyze medical images, detect abnormalities, and assist radiologists in diagnosis
  • Medical imaging techniques
    • X-rays
    • CT scans
    • MRI
  • Industries where AI is being used
    • Healthcare
    • Finance
    • Transportation
  • Ethical considerations
    Arise from the use of AI, particularly in decision-making
  • Impact of AI on the job market and employment
    • AI creates job opportunities through the demand for professionals skilled in AI development, machine learning, data science, and related fields
    • AI could replace the equivalent of 300 million full-time jobs
    • At least 14% of employees globally could need to change their careers due to digitization, robotics, and AI advancements
  • Rapid advances in AI threaten to eliminate many jobs, not just those of writers and actors. Jobs with routine elements, such as in regulatory compliance or clerical work, and those that involve simple data collection, data summary, and writing tasks are likely to disappear.
  • According to several reports, nearly 50% of jobs in transportation and over 5% of warehouse gigs are at high risk of being taken over by AI and robotics by 2030.
  • Self-driving vehicle technology is advancing rapidly and many companies are testing autonomous trucks, taxis and delivery vehicles on roads today.
  • Automated pickers, sorters and movers are already working alongside humans in some distribution centers. These bots don't get tired, don't make mistakes and don't file workers compensation claims from on the job injuries. By 2030, most major warehouses and fulfillment centers will likely be highly automated, requiring fewer human workers.
  • Jobs most likely to be replaced by AI
    • Healthcare and social roles
    • Sales and marketing
  • AI and robotics are getting better at assisting with predictable physical tasks as well as analyzing patient data to detect health risks or diagnose conditions. Automated pharmacy dispensing systems can fill prescriptions faster and with fewer errors. AI can analyze medical scans, detect diseases, and suggest diagnoses to doctors.
  • AI in sales tools can predict user behavior and suggest ideal responses, giving salespeople talking points and additional resources. These tools automate routine tasks like lead scoring, personalization, and forecasting. While making salespeople more effective, AI narrows their role in complex deals.
  • Chatbots and voice bots may replace some sales roles, especially for simple transactions.
  • algorithmic trading:
    AI can be used to develop trading algorithms that can analyze market trends and historical data to make decisions and execute trades faster than humans
  • credit scoring:
    AI can analyze a variety of data, including social media activity and other online behavior, to assess customers' creditworthiness and make more accurate credit decisions
  • customer service:
    by answering questions and completing routine tasks 24/7, AI-powered personal assistants and chatbots can reduce the need for human intervention