Aerial machines, Social humanoids and Fintech:Three emerging application areas in AI

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artificial intelligence

Beyond doubt, Artificial intelligence has emerged as one of the most popular research domains in Computer Science Engineering. Consequently, a large number of application areas have emerged due to the advancements in artificial intelligence engineering. The most prominent among these include the fields of financial platforms, stock market, weather forecasting, self-driving cars, meteorological sciences, decision science, e-commerce, healthcare, education and logistics.

That said, the training prospects of artificial intelligence are relatively under-exploited due to the lack of quality training institutions in this domain. Although some of the institutes like Analytixlabs have made significant advances, much more needs to be done in this regard. The quality of training, education and research can be gauged from Analytixlabs student reviews that express a high degree of satisfaction with various courses. These reviews suggest that training in artificial intelligence courses have made a significant impact in the career prospects of students.

It needs to be noted at this point in time that the field of artificial intelligence is not stagnant as novel and unique applications are falling within its incircle. In this article, we take a look at three emerging application areas in AI: Aerial machines, Social humanoids and Fintech platforms.

Aerial innovations of AI: Flight labs

When we look at the Aerial innovations of artificial intelligence, we are actually looking at the juxtaposition between computer science engineering, automobile engineering as well as mechanical engineering. Flight labs is a new concept that is coming up in the domain of aerial innovations spurred by artificial intelligence. The concept of flight labs not only experiments with modules like flying taxis but also with prototypes like aerial boats. Overall, the concept of application of artificial intelligence to flight dynamics is slowly picking up pace and a large number of projects may soon make it to the commercialization stage.

Social humanoids: Making sense of cognitive machines

In simple terms, cognitive science is the study of mind in general and that of human decision making in particular. When we become successful in comprehension of cognitive aspects and their successful application to humanoid technology, we actually venture into the state of social humanoids. Thus, social humanoids are advanced robots that can simultaneously make sense of human cognition as well as human perception.

It needs to be noted at this point in time that certain ethical issues are associated with social humanoids. For instance, the ability to understand customs, rituals, morals and values without any rational interpretation is still a dormant and a grey area in this technology

Fintech: Securing digital transactions

As millions of transactions make their way in the digital ecosystem, cyber security and robustness of fintech platforms comes under question. That said, it is again artificial intelligence that solves a range of security issues associated with Fintech platforms. Early detection of security breaches with the help of machine learning techniques is a simple application of artificial intelligence. Moreover, added security is provided by roping in blockchain technology that keeps a record of transactions which can’t be tampered under any circumstances.

Concluding remarks

The ambit of application areas of artificial intelligence would gradually increase as research advances and touches a new pinnacle over a period of time.

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