Top 15 Applications of Artificial Intelligence in Business

Ask yourself, if you are running a business or doing any personal work, is it possible that you don’t use AI?

Your most probable answer would be NO!

And most businesses have found their own ways to use AI. It's because AI is helping them automate tasks and improve their overall productivity.

Now you must be thinking how AI is being used in every industry?

We will answer that question - how to use artificial intelligence in your business?

What Is Artificial Intelligence?

Artificial intelligence is an algorithm that is designed to think like humans. AI algorithms are smart and can improve themselves without needing any human interruptions. Just like how humans learn from experiences, AI also learns by the mistakes it makes in generating output.

What are AI applications?

AI applications are software programs that are used to perform certain tasks. It can be anything including a simple task or a complex one. In the past, we were only able to perform simple and repetitive tasks with the technology.

But now it has changed with AI. AI can do complex tasks and increase the overall productivity for businesses.

Now you must be wondering how to use artificial intelligence in my business?.

Here we are going to discuss the best ai apps in different industries.

Top 15 Applications of Artificial Intelligence (AI)

Artificial Intelligence (AI) has transformed industries with diverse applications. Key areas include healthcare (diagnostics), finance (fraud detection), education (personalized learning), and retail (customer service automation). AI also plays a vital role in robotics, self-driving cars, entertainment (recommendations), smart homes, cybersecurity, supply chain optimization, natural language processing, and predictive analytics for business growth.

1. AI in E-Commerce

In the eCommerce business, competition is growing everyday. And you have to stand out to be different and attract customers. But it's not really easy. Having unique products and brands is not enough. You have to personalize the overall experience and AI can help you with that.

• Personalization: AI can analyze the customer buying patterns and recommend personalized products.
• Enhanced Support: With AI, eCommerce businesses can provide customer support in multiple languages. And since AI doesn’t need a break like humans, businesses can provide support all the time (including weekends and holidays).
• Dynamic Pricing Structure: AI can analyze the product sales in real time. It helps it understand the product demand and set the pricing accordingly.
• Fake Review Detection: AI can help with detecting fake reviews and removing them. It compares it to other reviews and product features. It helps it decide whether the review is fake or real.
• Voice Search: AI helps customers search products by voice. Customers can explain the product they need and AI can recommend it for them.

Example: Myntra is using generative AI to recommend products to customers. For example, if you want to go to Miami, you can ask the assistant to suggest clothes for you. The assistant is smart and automatically gets the context that you need clothes for the beach. So, it will recommend the product accordingly.

2. AI in Education

Currently in schools, and colleges, every student is taught using the same way and same syllabus. But it is not really effective. Every student has a different learning style and it is nearly impossible for conventional institutes to do it. So, here AI can help you.

• Voice Assistant: Students can use AI assistants to ask questions and get solutions for them. AI can be like their personal tutor.
• Gamification: AI can help gamify the learning experience. It will engage students and make learning fun for them.
• Smart Content Creation: AI can create personalized learning materials for students. It can help create quizzes and summaries so students can learn in a way they are comfortable with.

Example: Duolingo is using AI to personalize lessons based on learning patterns. They also have gamification that helps them engage users.

3. AI in Generative AI

Generative AI is what we use the most today. It is helping us generate content and write code. Humans were already doing it but generative AI has just improved the overall process. So, now the task that used to take you 1 hour, only gets done in 15 minutes.

• Content Generation: It is one of the best artificial intelligence app options that we see today. AI can help generate content like blogs, emails, and more. -** Code and Software Development**: Developers are using AI to generate code. AI can provide them code for the logic given to them.

Example: Tools like ChatGPT, Claude, Gemini are helping generate content and write codes.

4. AI in Social media

Social media platforms are already using AI. It is helping them recommend content based on user preference. Also, it helps brands better target their audience with the insights. And with AI bots, content moderation has never been easier. Now the bots can flag incorrect information or the information that doesn’t meet the guidelines. It reduces the work on the human workforce and helps them focus on making their platform better.

• Fraud Detection: AI can find fraud accounts and activities. It helps social media platforms to provide more reliable experience.
• Insights: AI can analyze user behavior and provide insights to improve experience on social media platforms.
• Sentiment Analysis: Social media businesses can use AI to user sentiment based on how users interact with brands content.
• Moderation: If you give guidelines to AI, AI can remove the content that doesn’t meet them.

Example: Social media platforms like Meta, X(Twitter) are already using AI to analyze customer behavior and run ads based on them. It helps brands get more conversions and reach their target audience.

5. AI in Human Resource

HR is involved in many day to day tasks. It can be interviews, payroll management, policy creation and more. AI can make everything easy. Instead of doing manual work, HR can easily automate repetitive tasks and focus on making their workplace a better place.

• Screening: AI can help HRs find the best candidates and filter out the candidates that don't meet the requirement.
• Onboarding: With AI, companies can automate paperwork and train new employees.
• Performance: AI tools can help companies evaluate employee performance and provide data driven feedback to improvise.
• Workforce Planning: AI can help HRs to plan the resource requirements based on the future requirements.

Example: Platforms like HireVue are using AI to screen candidates during interviews. It analyzes body language and speech to find the best fit for the job.

6. AI in Healthcare

Healthcare is a sector that highly relies on accuracy. And let's be honest, humans can make mistakes. But I can't. Also, AI can help detect some of the early symptoms of disease. So, doctors can start treatment early on.

• Insights & Analysis: Doctors can use AI to get insights on patient health and analyze it to provide better healthcare.
• Telehealth: With AI, doctors can easily get medical history and patient data during the consultation. AI can also suggest medications in real time video calls.
• Patient Monitoring: AI apps can monitor patient health regularly and provide insights on improvements and medications.
• Surgical Assistance: During the surgery, AI powered robotics tools can improve precision and reduce risk.

Example: IBM watson health is using AI to help doctors with getting patient insights. It also assists doctors with data driven diagnosis and treatment plans in real time.

Also read this article : What is Artificial Intelligence

7. AI in Agriculture

Every one of us has noticed that the climate is changing and now it is unpredictable. But it is not good for agriculture. It destroys crops and farmers lose their money. And AI can help them. It can help with forecasting and managing crops accordingly. It provides accurate predictions and farmers can take steps accordingly.

• Stock Monitoring: AI can monitor the condition and quantity of crops. It helps farmers make interventions whenever required.
• Supply Chain: AI can predict the demand. So farmers can use this data to manage supply and reduce waste.
• Pest Management: AI can detect if there is any pest present and inform farmers about it. So, farmers can immediately take necessary actions.
• Forecasting: AI can predict weather patterns and crop yields. It helps farmers manage their resources accordingly.

Example: Businesses like John Deere and Bayer are using AI to monitor pests, and automate farming tasks. AI solutions are helping them manage pests to improve crop yields.

8. AI in Gaming

Gaming is a booming industry. And everyone is trying to get their hands on it. But it is hard to develop games. As it includes a lot of components and graphics. So AI can help with it. It can help you create animations faster and test games quickly. Also, it can help with personalizing the gaming experience.

• Quality Assurance: AI can test games for bugs and glitches. It helps game developers deliver a game that delivers a seamless user experience.
• Game Assistance: AI can offer hints to users in real time. It can improve the gaming experience and make it more engaging.
• Animation: Game developers can easily create animations using generative AI. It saves them time and resources.

Example: EA sports is using AI to provide a more realistic experience. They are using it to enhance overall player movements and decision making in games like FIFA.

9. AI in Automobiles

You have already seen Tesla on the road or the internet. It is the best example of how AI can help in the automobile industry. It is not only about consumers but it is also helping manufacturers to make their process better and create a safe workplace.

• ADAS: AII powers ADAS. It helps drivers to avoid collisions and improve safety.
• Traffic Management: AI can process the traffic data in real time. It helps optimize the traffic flow and clear it faster.
• Emission Reduction: AI can detect when the emission is above a certain level. It can also provide necessary steps to reduce it.
• Autonomous Driving: Self driving cars are powered by AI. They use it to drive, park and apply brakes whenever required.

Example: Tesla is using AI in its cars. It helps cars analyze traffic in real time and make decisions accordingly. Tesla cars can also park by themselves using AI.

10. AI in Chatbots

Remember, trying to get support from Chatbots that offer a set of replies they are programmed for. But that has changed now. Chatbots can offer more personalized and better responses to the customers.

• NLP: AI can process natural language in real time and answer in a tone that customers understand.
• Multi-Language: AI helps deliver support in multiple languages. So, it eliminates the language barriers and helps provide a better experience.
• Adaptation: AI can adapt based on past conversations. AI can check the previous chats and analyze the most effective way to communicate with customers.

Example: Zendesk is using AI to understand customer queries and resolve them. AI is also helping them provide support in multiple languages.

11. AI in Machine Learning

In machine learning AI is used to build better models. It helps with processing the data and visualizing it. So algorithms can learn better.

• Data Cleaning: AI can automatically find errors and correct them. So it automates the processing of cleaning data.
• Data Visualization: AI can transform complex data into visual format. It makes it easy for humans to understand and analyze it.
• Risk Assessment: AI can find potential risk involved by analyzing unusual patterns in data.

Example: Netflix is using AI and ML to analyze the watch patterns. And based on what users love to watch, it recommends shows and movies..

12. AI in Finance

Finance industry is a tricky business and there are a lot of things that businesses have to take care of. It can be frauds, security, understanding market demands and more. And AI is simplifying all this. With AI, finance businesses can assess risk better and make informed decisions.

• Fraud Detection: AI helps process a large amount of financial data. It helps detect fraud in real time.
• Risk Assessment: Finance businesses use AI to analyze market trends. If AI gets the data from the past, it can predict the future. This data helps businesses manage risk more effectively.
• Forecasting: AI can predict market movements and help investors and businesses to make informed decisions based on the data.

Example: JP Morgan is using AI to detect fraud and algorithmic trading. AI is helping them process large amounts of data in real time and find unusual behavior.

13. AI in Data Security

Data security is something we can not ignore. All of our personal and professional data is stored online. But still there is a risk. And AI can help us with minimizing it. We can use AI to find potential threats and detect malwares that can steal our data.

• Threat Detection: AI can monitor systems in real time. It helps find signs of potential threats.
• Vulnerability Management: AI can find vulnerable systems and provide ways to strengthen them.
• Malware Detection: AI can scan everything and find suspicious malwares. It helps prevent attacks.

Example: Darktrace is using AI to detect cyber security risks and protect businesses data. All this happens in real time so the threats are detected immediately.

14. AI in Travel and Transport

We usually Google things when we go to new a place. It’s because we don’t know where to go and where to eat. So, AI can help you create itineraries with famous tourist places and eateries. Also, AI can help you book tickets when the price drops.

• Planning & Personalization: AI can help travelers plan their itineraries and personalize their experience based on their choice.
• Predictive Analysis (Pricing): AI can use data from the past and help predict the best time and pricing to travel to a certain place.
• Route Analysis: AI can analyze routes and provide the fastest and most affordable option.

Example: Expedia is using AI to personalize user experience and predict ticket prices. It helps users get the best deals at the right time.

15. AI in Robotics

Robots don’t speak our language. And if they can’t they are basically useless. But AI is changing this. With AI, robots are now able to understand and speak human language. Also it helps robots do more tasks that humans do.

• NLP: AI helps robots understand human language and respond to it. It helps robots sound more natural.
• Object Recognition & Manipulation: AI can help robots recognize objects in front of them. It works by analyzing the shape and behavior of the object. AI can also handle them safely.
• HRI: AI improves the interaction between humans and robots and makes it more natural.

Example: Tesla just launched their optimus robots. They use AI to perform tasks. They even talk like humans because AI is capable of understanding human language and responding to it.

Conclusion

Every industry benefits from AI. AI is helping us fill the gaps between humans and machines. At Rejoicehub LLP, we are experts in providing AI/ML Development Services. Our team analyzes your requirements and provides solutions to help you be more productive and save cost.