Blog: Artificial Intelligence: Industries Where AI Will Strike in 2019 – Formtek Blog
By Dick Weisinger
AI is being hyped everywhere, but which industries are most likely to first begin? It’s actually likely that no industries will totally escape the coming disruptions from AI, but the following are a few of the industries where we may see big impacts fairly soon.
Healthcare. AI is expected to save lives and save time. New discoveries will bring new drugs, new treatments, and new cures. AI has potential to better optimize and utilize healthcare resources, saving everyone time and money.
Dr. Emmanuel Fombu, said that “artificial intelligence is arguably the single biggest disruptor for the healthcare industry. It’ll free up physicians’ time by taking care of menial tasks, it’ll aid in the discovery of new drugs and treatments and it’ll help to provide personalized healthcare to every single patient in the system. The possibilities are mind-blowing.”
Agriculture. AI is expected to change farming and agricultural applications by introducing autonomous robots for faster and more efficient harvesting. Sensor and drone data related to soil and crop conditions will be analyzed with deep-learning algorithms to enable better monitoring and yield from crops. Further, predictive analytics will be better able to anticipate and predict weather changes.
Finance. AI is increasingly being used to detect fraud, particularly related to credit card transactions. It is also being applied to make data-driven decisions about when and how to invest money.
Harald Gölles, CTO of omni:us, said that “AI solutions will have the most impact on service economy industries, that rely on a free flow of information through more efficient and rapid data processing. This includes financial services, namely insurance, banking and accounting.”