The biggest bets are on improving patient outcomes and reducing costs. Companies are applying machine learning to make better and faster medical diagnoses than humans. One of the best-known healthcare technologies is IBM Watson. It understands natural language and can respond to questions asked of it. The system mines patient data and other available data sources to form a hypothesis, which it then presents with a confidence scoring schema.

The above statement best represents which category of AI applications?

• AI in Healthcare

• AI in Business

• AI in Education

• AI in Finance

• AI in Law

Machine learning algorithms are being integrated into analytics and customer relationship management (CRM) platforms to uncover information on better-serving customers. Chatbots have been incorporated into websites to provide immediate service to customers. The rapid advancement of generative AI technology such as ChatGPT is expected to have far-reaching consequences: eliminating jobs, revolutionizing product design, and disrupting business models.

The above statement best represents which category of AI applications?

• AI in Healthcare

• AI in Business

• AI in Education

• AI in Finance

• AI in Law

AI can automate grading, giving educators more time for other tasks. It can assess students and adapt to their needs, helping them work independently. AI tutors can support students, ensuring they stay on track. Technology could also change where and how students learn, perhaps even replacing some teachers.

The above statement best represents which category of AI applications?

• AI in Healthcare

• AI in Business

• AI in Education

• AI in Finance

• AI in Law

AI applications, such as Intuit Mint or TurboTax, are disrupting financial institutions. Applications such as these collect personal data and provide financial advice. Other programs, such as IBM Watson, have been applied to the process of buying a home. Today, artificial intelligence software performs much of the trading on Wall Street.

The above statement best represents which category of AI applications?

• AI in Healthcare

• AI in Business

• AI in Education

• AI in Finance

• AI in Law

The discovery process -- sifting through documents -- in law is often overwhelming for humans. Using AI to help automate the legal industry's labor-intensive processes is saving time and improving client service. Law firms use machine learning to describe data and predict outcomes, computer vision to classify and extract information from documents, and NLP to interpret requests for information.

The above statement best represents which category of AI applications?

• AI in Healthcare

• AI in Business

• AI in Education

• AI in Finance

• AI in Law

AI techniques for targeted advertising, recommending content, distribution, detecting fraud, creating scripts, and making movies. Automated journalism helps newsrooms streamline media workflows reducing time, costs, and complexity. Newsrooms use AI to automate routine tasks, such as data entry and proofreading; and to research topics and assist with headlines. How journalism can reliably use ChatGPT and other generative AI to generate content is open to question.

The above statement best represents which category of AI applications?

• AI in Entertainment and Media

• AI in Business

• AI in Education

• AI in Finance

• AI in Law

New generative AI tools can be used to produce application code based on natural language prompts, but it is still early days for these tools, and unlikely they will replace software engineers soon.

The above statement best represents which category of AI applications?

• AI in Entertainment and Media

• AI in software coding

• AI in Education

• AI in Finance

• AI in Law

Organizations use machine learning in security information and event management (SIEM) software and related areas to detect anomalies and identify suspicious activities that indicate threats. By analyzing data and using logic to identify similarities to known malicious code, AI can provide alerts to new and emerging attacks much sooner than human employees and previous technology iterations.

The above statement best represents which category of AI applications?

• AI in Entertainment and Media

• AI in software coding

• AI in Security

• AI in Finance

• AI in Law

The industrial robots that were at one time programmed to perform single tasks and separated from human workers, increasingly function as cobots: Smaller, multitasking robots that collaborate with humans and take on responsibility for more parts of the job in warehouses, factory floors, and other workspaces.

The above statement best represents which category of AI applications?

• AI in Entertainment and Media

• AI in software coding

• AI in Security

• AI in Manufacturing

• AI in Law

This business has successfully employed chatbots to make its customers aware of services and offerings and to handle transactions that don't require human intervention. AI virtual assistants are used to improve and cut the costs of compliance with their regulations. These organizations use AI to improve their decision-making for loans, set credit limits and identify investment opportunities.

The above statement best represents which category of AI applications?

• AI in Entertainment and Media

• AI in software coding

• AI in Security

• AI in Manufacturing

• AI in Banking