Artificial Intelligence
Artificial intelligence is emerging quickly in all industries from manufacturing, business, education, and healthcare. For your week 2 assignment, choose the industry that you are currently in or an industry that you would like to work in the future. Think of the various departments within an organization in your industry. Answer the following questions:
• Provide a small background on the industry.
• What are the current trends in artificial intelligence in your chosen industry?
• Explain how artificial intelligence can impact processes at one or more units within the organization (accounting, sales, human resource, etc.).
• How can machine learning, virtual reality, and/or neural networks be used within the industry?
• What are some software available within your industry that supports artificial intelligence?
Required Elements for Business Decisions & Artificial Intelligence:
• Title page with your name, course, title, and date
• Content includes Small background on the industry; current trends in artificial intelligence in the chosen industry; how artificial intelligence can impact processes at one or more units within the organization (accounting, sales, human resource, etc.); how machine learning, virtual reality, and/or neural networks be used within the industry; and some software available within industry that supports artificial intelligence.
• Writing is coherent and supports the central idea in an APA format, with correct grammar, usage, and mechanics.
Sample Solution
Industry: Healthcare
Small background on the industry
The healthcare industry is one of the largest and most important industries in the world. It is responsible for providing care to individuals and populations, and for developing new medical treatments and technologies.
The healthcare industry is also facing a number of challenges, such as an aging population, rising costs, and a shortage of qualified workers. Artificial intelligence (AI) is emerging as a potential solution to some of these challenges.
Full Answer Section
Current trends in artificial intelligence in healthcare AI is being used in healthcare in a variety of ways, including:- Medical diagnosis: AI is being used to develop systems that can diagnose diseases more accurately and efficiently than human doctors. For example, AI systems are being used to analyze medical images, such as X-rays and MRI scans, to identify cancer and other diseases.
- Drug discovery: AI is being used to develop new drugs more quickly and efficiently than traditional methods. For example, AI systems are being used to identify new drug targets and to predict the efficacy and safety of new drug candidates.
- Personalized medicine: AI is being used to develop personalized treatment plans for patients based on their individual genetic and medical history. For example, AI systems are being used to identify the best treatment options for cancer patients and to predict the risk of developing certain diseases.
- Accounting: AI can be used to automate tasks such as medical billing and coding, and to detect fraud.
- Sales: AI can be used to identify and target potential customers, and to develop personalized marketing campaigns.
- Human resources: AI can be used to screen job candidates, to train employees, and to manage payroll.
- Machine learning: Machine learning can be used to develop AI systems that can learn from data and improve their performance over time. For example, machine learning is being used to develop AI systems that can diagnose diseases and predict the risk of developing certain diseases more accurately.
- Virtual reality: Virtual reality can be used to train doctors and other healthcare professionals on new procedures and technologies. It can also be used to provide patients with therapy and to help them manage their pain.
- Neural networks: Neural networks are a type of machine learning that can be used to develop AI systems that can learn from data and perform complex tasks, such as image recognition and natural language processing. Neural networks are being used to develop AI systems that can diagnose diseases and predict the risk of developing certain diseases more accurately.
- IBM Watson Health: IBM Watson Health is a platform that uses AI to help healthcare professionals diagnose diseases, develop treatment plans, and conduct clinical trials.
- Google DeepMind Health: Google DeepMind Health is developing AI systems to help diagnose diseases, develop treatment plans, and improve healthcare delivery.
- Microsoft Healthcare: Microsoft Healthcare is developing AI systems to help healthcare professionals diagnose diseases, manage patient care, and conduct clinical trials.