Is AI Efficient in Any Industry Today?

Artificial intelligence is most likely the future of humanity. This advanced technology is set to help us become multi-planetary species. Not only that, but it is set to make our lives easier, and thus, experience growth at a more rapid rate.

The best part about this technology is that its early forms are already being used by numerous businesses. That is exactly the topic that we wanted to discuss in this article. We'll be taking a look at some companies/industries that are extremely dependent on AI. Let's check the details.

Online Casinos

Online casinos have become the new face of the gambling industry. These sites managed to attract millions of players from all around the world in the past couple of years. Not only that but they are likely to become the market leaders in this sector by 2023.

These platforms are basically powered by AI. This technology is in charge of security and fair play. Here's how. The advanced AI that is used to keep the players secure is known as SSL encryption software. This form of AI takes the data from all the players and turns it into unbreakable codes. In doing so, it keeps players protected and out of harm's way.

The second form of AI is what makes online casinos the front-runners in the battle against corruption. Many land-based facilities have been accused of rigging their games and choose the players that will win prizes. Thanks to the AI called Random Number Generators, online casinos are always making sure that fair play is enforced. This AI creates random outcomes of each game and gives every player an equal chance to win prizes.

Bitcoin Trading Sites

Bitcoin has been labelled as one of the biggest inventions in the global financial industry. This cryptocurrency reportedly has over 5 million users from all around the world and thanks to the AI system that Bitcoin trading sites use, it is reported that there are around 100,000 millionaires who made their fortune by trading Bitcoin.

One of the most reputable trading sites that use these forms of AI is https://bitqh.app/. The AI system of this trading platform takes all the data about Bitcoin from the market. Then, it uses it to make accurate predictions of Bitcoin's future fluctuations. Since Bitcoin has a very high volatility rate, it is impossible for traders to determine when is the best time to sell their Bitcoins.

Trading sites like the one we mentioned allow them to battle that. Not only that, but these AI systems have proven to be extremely efficient and effective since the daily profitability rate at the aforementioned site is very high. Hence, it has thousands of registered users from all around the world.

Tesla

Tesla is a company that is synonymous with innovative solutions and a futuristic approach to every problem. The company is among the first ones who managed to create fully-functional electric cars, and recently, one of the first companies in the automotive industry that have implemented autopilot mode.

To do that, they have used AI that scans the environment through the use of cameras and uses the data received to drive by itself. It scans the traffic lanes, cars and other potential obstacles, signs to adjust the speed, etc. Even though it is still in the early phase of development and is subject to flaws, it has proven to be more effective than originally thought.

An interesting fact about Tesla is that they have recently invested over $1.5 billion in Bitcoin. They announced that they will be accepting it as a payment method. Not only that, but reports have stated that they have made a billion in profits just 10 days after they invested.

The British NHS

Finally, we transfer to the medical industry, specifically the British National Health Service. The NHS uses AI in various forms of patient treatment. Some of those areas include treatment, monitoring, care, medicine development, personalized treatments and medicine, and more. Thanks to these services, patients receive better care and thus, their chances of being cured are increased.

One additional company in this sector that uses AI is the Mayo Clinic.