Artificial intelligence has been at the forefront of commercial innovation ever since the dawn of the Digital Revolution. It has aided in the realm of efficiency with many different kinds of software and digital innovations serving to create a corporate environment that is geared toward bettering the way we do business. Moreover, certain models and digital systems have changed the way in which some industries operate completely.

The Value Of AI

I would be remiss if I didn’t mention the value of artificial intelligence (AI). Currently, the industry is irreplaceable within multiple markets, as the technology forms the basis of multiple business operations. Thus, it is no surprise when a valuation of $21 billion is shown for 2018, with an expected growth that is truly astounding. Within the next seven years, the market is expected to be worth $190 billion. As this only pertains to commercial AI and its use to enhance transactions with clients, it is important to remember that AI is used in other scenarios, such as government security and state practice.

Common AI

Consumer behavior predictors leveraging artificial intelligence are by far the most common use of the technology today. AI and bot innovations, once cutting edge, are now considered a definitive need versus luxury. Many are familiar with the most common uses of AI; most of these are part of everyday life. Google’s AI advertising software is probably the foremost representative in the day-to-day lives of consumers. It considers recent searches of the individual, and then an advertisement for that exact product is shown in the next search and again in places the individual would least expect. Bringing buyer and seller together seamlessly will continue to evolve in new ways, and AI and bot technologies will be the catalyst.

In the commercial realm, AI is used to enhance efficiency. Uber, for example, has launched a program that analyzes the state of app users. It detects, using statistical data related to typing patterns, GPS services and new camera features, whether the user is in a state of distress or intoxicated.

Thus, in the commercial realm, at least, it is not difficult to see how AI has influenced society, creating services and products in places where there were none before. Consider the computer and mobile device application world. Once a dry market for only geeks and nerds, it is now a thriving populous for e-commerce for the masses.