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How Does AI Affect Our Lives?

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Gambling has gone a long way since its introduction more than 2500 years ago, when the first games of chance were played in China. Today, we can easily play Roulette, Slots, Poker, Dice, and many other casino games on our portable devices. For that matter, we have to give credit where credit is due; the gambling industry has always found a way to adapt to emerging consumer trends, and they are able to create innovative technologies. All of these innovations have brought our gambling experience to another level. Hence, it’s obvious that artificial intelligence will have a major impact on the gambling sphere in the near future. Let’s take a look and see how will the AI revolution improve our lives.   

More efficient data collection

More data leads to more knowledge, and knowledge is power. The most profitable operators have already facilitated a smooth transition from the physical to the digital world. Today, operators are using sophisticated software to analyze and identify features that can make their games more popular than the other ones on the market. This is why data collection will be instrumental for the future of gambling, which is why the industry leaders are already investing substantial resources to optimize marketing performance through data analytics.

Gambling is an industry that operates through statistics and mathematical probability to generate odds for the punters. Data sits behind this statistics, and with the appropriate AI software, operators can create scoring patterns and provide more realistic odds for their players. Besides gambling, other areas of life are also being influenced by the AI advances.

Impact of Artificial Intelligence on other areas of life

Besides gambling, AI is increasingly affecting banking, healthcare, and other areas of our everyday life. In the last couple of years, there have been many breakthroughs in creating machine learning software which has the capability to imitate the mechanisms of brain neurons. Creating self-aware machines has moved from concept to an increasingly ubiquitous reality. Here are just a few notable developments that we’ll experience from AI upgrades.

Developments in healthcare

The first step in health care management is to compile and analyze information about the patient, as more detailed information can lead to a more accurate diagnosis. That is where AI and robots come in handy; they can collect, store, and re-format data more efficiently, thus providing faster accessibility to information.

Doing repetitive jobs and collecting vast amount of data can be overwhelming and time-consuming, which is why the developments of AI are particularly useful in cardiology and radiology. Analyzing tests, doing CT scans, and X-rays can all be done much faster by robots.

Artificial intelligence can be used for analyzing notes and reports from patient’s file, and it can also perform external research to come up with a correct diagnosis.

Facial recognition as a new credit card

Thanks to the developments of AI, your face will be your credit card, ID card, driver’s license, all thanks to facial recognition software, which is already completely transforming security. With incredible biometric capabilities of AI being adopted in the near future, people won’t have to stand in line at the store.

 

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