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Artificial Intelligence (AI) is now a part of almost every segment of the market 2022

Artificial intelligence

Artificial intelligence (AI) is now present in almost every market segment. AI has evolved and adjusted itself into everything, from advanced cybersecurity servers to video games. IBM currently controls 9 percent of the global AI market. According to Statista, the global market for artificial intelligence will be worth more than $500 billion by 2024.

To understand how AI is influencing the IoT industry, let’s first define IoT and explain how the Internet of Things works. The Internet of Things (IoT) is a network of things that receive and respond to communication. In a nutshell, IoT allows sensors in devices such as appliances or smartphones to communicate wirelessly. Modern Smart TVs, air conditioners, and even self-driving cars are perfect examples of IoT in action in our daily lives. AI is now being used to make IoT devices more efficient and capable. Moving forward, let’s look at some of the other roles that AI can play in the IoT industry.

More efficiency in smart home devices

AI consumes a large amount of data in order to complete tasks that have been assigned to it. AI is useful for smart home devices in making them more accessible, particularly in following voice commands. AI enables these devices to comprehend a broader range of languages, dialects, and pronunciations. It not only makes devices more user-friendly but also broadens the market for top IoT manufacturers and top IoT app development firms.

Improved healthcare administration

AI can predict if there are healthcare issues developing inside the human body with the help of IoT sensors. Fit bands and other devices are used to collect heart rate, BPM, and other data. AI uses this data to generate a healthcare report that indicates whether or not the patient requires assistance. In many cases, AI in healthcare can be extremely beneficial in detecting diseases before they become fatal.

Improved cybersecurity

AI, with the assistance of IoT, is capable of managing the cybersecurity of servers, particularly when they are connected to the same environment. AI can detect anomalies in data and stop or predict attacks to generate warnings. Furthermore, AI detects cases such as hardware failures to ensure proper actions are taken before they affect the server. Many modern businesses are combining AI with other technologies such as Blockchain to create an effective cybersecurity system.

Better safety measures

IoT devices can help AI in detecting safety hazards like possibilities of fire or short circuits and more. The data can be used to alert authorities and raise alarms. Moreover, devices such as CCTV cameras can also be used to detect unknown faces or forceful entries with the help of AI to ensure proper security. Institutions such as Banking can use these combinations of technologies to counter robberies, theft, and more.

Better operational management

The future of IoT is all about automation, where multiple devices will be connected to each other and make processes automated. In the case of operational processes, especially for manufacturing industries, AI with IoT can be really useful. It can reduce the percentage of blunders and costs involved in manual procedures. AI with IoT can automate every process starting from manufacturing to assigning to deliveries. Modern AI is capable of doing that. But in the future, AI might even grasp the automated delivery part as well.

Automated vehicles

Companies like Tesla are dedicated to making self-driven vehicles a common trend. Even though they have already developed the technology, it is still not suitable for many environments. But AI, which is already used in these vehicles, can make transportation more sustainable to make adoption of such vehicles much easier.

Traffic management

AI with IoT devices like sensors and cameras can help authorities in managing traffic quite easily. AI can conclude better traffic management strategies compared to human involvement to ensure that traffic is controlled smoothly. Moreover, soon AI will also have the capability to reduce the percentage of accidents that have been happening due to poor traffic management decisions.

Wrapping up

AI is the future. Soon we will see that AI is doing more than we had imagined and IoT devices will become a bridge to that possibility. However, modern AI still requires a lot of evolution to become self-independent. Thus it will take some time. So, that is all for the role of AI in IoT. Before we end this blog, let’s have a look at a few key points from above.

  1. AI can help smart devices in recognizing more accents, languages, and dialects to respond better
  2. Healthcare devices are using IoT and AI together to analyze and predict possible health situations
  3. Technologies such as Blockchain and IoT are using AI to make Cybersecurity more efficient by automating the scanning process to detect anomalies
  4. AI can help in keeping an eye on incidents like fire breakouts or robberies to alert authorities for a quick action
  5. AI with IoT can be used in industries like manufacturing to automate processes from order placement to delivery
  6. Self-driven vehicles are the future and AI can help in making them more efficient to ensure fewer accidents
  7. AI can ensure smooth traffic management with the help of IoT devices like motion sensors and cameras

Well, that’s all for the role of AI in the IoT revolution blog. Hopefully, you found this discussion interesting. Until next time, Godspeed!

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