Even in the education sector, this slow transition of Artificial Intelligence has helped increase productivity among faculties and helped them concentrate more on students than office or administration work. Applications Of Artificial Intelligence in EducationĪlthough the education sector is the one most influenced by humans, Artificial Intelligence has slowly begun to seep its roots in the education sector as well. AI can help identify and handle fake reviews.Ģ. Many customers prefer to buy a product or service based on customer reviews. By considering the usage patterns, AI can help reduce the possibility of credit card frauds taking place. Did you know that on, soon, customer service could be handled by chatbots? Fraud PreventionĬredit card frauds and fake reviews are two of the most significant issues that E-Commerce companies deal with. Moreover, these assistants can have real-time engagement with your customers. Natural Language Processing is used to make the conversation sound as human and personal as possible. Virtual shopping assistants and chatbots help improve the user experience while shopping online. It helps in improving your relationship with your customers and their loyalty towards your brand. These recommendations are made in accordance with their browsing history, preference, and interests. AI Application in E-Commerce Personalized ShoppingĪrtificial Intelligence technology is used to create recommendation engines through which you can engage better with your customers. Here is the list of the top 12 Artificial Intelligence (AI) Applications: 1. What Are the Applications of Artificial Intelligence? Let’s now take a look at how AI is used in different domains.
Business intelligence application in social media software#
A recent 2020 report from Statista reveals that the global AI software market is expected to grow approximately 54% year-on-year and is expected to reach a forecast size of USD $22.6 billion.According to Servion Global Solutions, by 2025, 95% of customer interactions will be powered by AI.The percentage of enterprises employing AI grew 270% over the past four years. As per Gartner, 37% of organizations have implemented AI in some form.
According to Statista, revenue from the artificial intelligence (AI) software market worldwide is expected to reach 126 billion dollars by 2025.
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