Consumers, tech companies, and literally everyone loves Artificial Intelligence. But everyone is not a professional who is well-versed with the latest technology and knows the real influence of AI in our everyday lives. Artificial Intelligence is largely impacting the lives of consumers and its influence might range from all the ads you get to see on Facebook to predictive Google searches and recommendations on Netflix. If you have no idea about how Artificial Intelligence has been integrated into our lives, this guide can be quite an eye-opener.

1.    Boosting Online Recruitment

Artificial Intelligence is helping many recruiters dig out the best talent from an enormous pool by narrowing down the selection and perfectly matching your required skills with the right employer. With the help of machine learning, AI analyzes your resume and nudges it to the top of the recommended list if it meets the requirements. For instance, Olivia is one of the leading AI-powered apps that helps employers find the best candidates and screen them online without any blockers. Here is how Artificial Intelligence has given employers a helping hand.

• AI-based mobile apps and software can help recruiters find the perfect candidates that match their criteria and work-related responsibilities. Artificial Intelligence can automatically create a perfect profile by determining the online presence, values, and professional goals of a candidate.
• Streamlining online applications has hugely benefitted many employers. AI leverages many keywords and workflows to track the applications from recruitment databases. As a proactive digital recruiter, Artificial Intelligence can provide seamless support to help recruiters get in touch with the right candidates.

Bonus Tip: Are you creating a resume? Then create a resume for machines not for employers if you want to have a shot at ranking at the top of the recommended list.

2.    Securing Your Finances

Many fast-growing financial institutions are using AI-powered apps and algorithms to analyze a huge amount of financial customer data. The growing impact of Artificial Intelligence in the financial world has showed how it is transforming the business landscape for the future. The following are a few ways Artificial Intelligence has impacted the financial industry.

• Users can make fact-based decisions after leveraging the power of AI. Loan-granting and banking applications use the power of AI to figure out whether they are eligible for a loan or not.
• Preventing fraud has been a growing concern in the financial industry. After analyzing the buying habits, behavioral patterns, and checking security mechanisms, Artificial Intelligence can help you prevent online frauds.
• Smart chatbots have offered numerous options and round-the-clock support when it comes to checking their account details. Some of the leading banks in the world are investing in mobile banking apps to alert their customers about planning their expenses, bill payments, and complete transaction history.

3.    Providing Seamless Customer Services

Artificial Intelligence has changed the way companies treat their customers. You don’t have to repeat the same-old information to your customers and can now use AI chatbots to do it for you. One of the areas many fast-growing companies are focusing on is customer services. If your customers are happy and satisfied with your services, you can become successful in building a loyal fan base. The reason companies must leverage AI in customer support is for a better user experience. Having said that, here are some exceptional ways you can boost customer support team using Artificial Intelligence.

• Focusing on customer engagement is important because a company that solves a customer’s problems is the one who wins the game.
• With the help of AI-based chatbots, any customer can access information quicker than anyone else. Live chat experiences allow customers to ask relevant questions and receive answers faster.
• AI-powered apps use predictive analysis and previous insights to recommend products that customers might like. This is something many customer support representatives struggled with in the past.

4.    Improving Online Shopping Experience

Most of the online retail stores use AI-powered algorithms to recommend products to their customers. The use of Artificial Intelligence is reshaping the online shopping trends of millions of customers. From making product recommendations to safe payment checkouts and personalized shopping experiences, Artificial Intelligence is providing exceptional customer experiences. Here is how AI-based mobile apps and platforms are transforming the way we shop online.

• A customer who loves online shopping also wants product recommendations and AI can help with that. By using previous searches, the digital buying persona of customers, and interests, Artificial Intelligence creates smarter product recommendations.
• AI can now anticipate the growing demands of its customers by checking their browsing history, physical store visits, and social network connections. By curating a few selected products for the customers, online retailers can offer customers precisely what they want.
• Customers can access any product they want with the help of AI-driven virtual assistants. Artificial Intelligence has made product navigation easier for customers.

5.    Boosting Car Safety

You might be thinking that you need a self-driving vehicle for your car to use Artificial Intelligence, but AI can give you a helping hand even when it comes to driving safely yourself. When the driver goes out of the lane, AI and IoT systems are designed to issue a warning and alert the human behind the wheel. Another example of using Artificial Intelligence is cruise control that helps the driver to maintain a safe distance from cars ahead of the lane. There are a range of benefits that AI offers for drivers, some of which are discussed below.

• AI-based warnings can alert the drivers about any upcoming danger on the road to help anyone avoid accidents. You can drive safely at any time of the day using various AI-powered sensors in your vehicle.
• The car manufacturers are trying to completely integrate machine learning algorithms to transport people from point A to point B without anyone driving.

6.    Protecting Security Companies

Cyberattacks are a growing threat in 2020 and security companies are using protective arsenal to keep the attackers from buzzing around. But, humans alone cannot detect the growing threats to cybersecurity. This is where AI comes in! AI-powered mobile apps and systems can successfully run and access millions of events each day to prevent cyberattacks.

At the end of 2019, the cybersecurity industry might cross a whopping $114 billion but it is also exposed to several cyber attacks too. The best way to tackle the threat to cybersecurity is to empower the existing tools with Artificial Intelligence. Here is a way how to do it:

• Cybersecurity companies are leveraging Artificial Intelligence to accurately detect malware and viruses.
• Artificial Intelligence boosts multi-factor authentication to offer better access to their users.
• All the security systems that use AI can provide clear insights by using the latest news and information related to cybersecurity.

7.    Enhancing Agriculture

Do you think about Artificial Intelligence when you are eating your daily meal? We think not! But Artificial Intelligence is boosting the agriculture industry which is responsible for producing food for the entire world.

The agricultural land is becoming scarce as the human population continues to grow. The agriculture experts have to become efficient when it comes to farming. Here is how Artificial Intelligence is boosting the agricultural industry.

• Precision agriculture: It means AI-backed systems that are enhancing the harvest quality. AI provides a helping hand in analyzing diseases or poor nutrition in pests and plants.
• Many farmers are using AI-backed technologies to build predictive forecasting models to boost productivity and improve agricultural lands.
• AI-agricultural bots are entering the farms to harvest and work on the farming lands instead of real farmers.

Wrapping It Up

AI-powered mobile apps and algorithms continue to offer us many benefits whether it is driving or farming. With the above-mentioned benefits of Artificial Intelligence, the idea of integrating AI-backed mobile apps no longer sounds so farfetched or out of place!