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In the current day and age of technology, buzzwords such as artificial intelligence (AI), the internet of things (IoT), and cloud computing are often used. AI is the technology that tries to make computers or other machines equal to the human brain, making them capable of learning and problem-solving in the same way that humans do. Applications based on AI may be readily connected with other developing technologies such as the Internet of Things (IoT), the cloud, Big Data, and Blockchain. The Internet of Things refers to a network of interconnected, internet-enabled items or things that are able to gather and share data with one another. In recognition of the idea of the Internet of items, a significant number of tangible items are now being connected with the internet at an exceptionally rapid pace. By the year 2025, there will be more than 30 billion Internet of Things connections, with approximately four Internet of Things devices per person on average, according to reports and current trends. Cloud computing provides a means through which the huge amounts of data created by these Internet of Things applications may be sent to their respective endpoints. The use of cloud computing is widely acknowledged to be a facility for the processing and storage of data. Just-in-time processing and lightning fast response times are necessities for any and all real-time applications that make use of the Internet of Things. Researchers, academics, and industrialists in the fields of health care, agriculture, telecommunications, online and mobile commerce, and transportation have shown a significant amount of interest in AI and IoT-based data. In today's world, AI-based methodologies increase the role that IoT plays in business monitoring, health-care monitoring, illness prediction, bioinformatics, research and development, stock market prediction, social network analysis, weather analysis, agriculture, transportation, and resource optimization. The implementation of these applications needs a certain amount of processing capability as well as data storage, both of which are often given by cloud-based services. The data that has been saved is processed in a high-precision and just-in-time way with the help of AI algorithms. The cloud is a strong instrument that can send data not only via the standard channels of the internet but also through a dedicated direct connection. The Internet of Things becomes the source of creating enormous amounts of data, and the cloud becomes an essential component for data storage. As a result, the Internet of Things and clouds have become deeply intertwined in order to provide commercial business services. 1 | P a ge This configuration is sometimes referred to as cloud-based IoT. As a result of their success in providing cloud-based Internet of Things (IoT) services, companies like Amazon Web Services (AWS), Google, and Microsoft have become industry leaders. This makes the task much more rewarding. In addition, the cloud-based Internet of items is utilized to link a broad variety of intelligent items for usage in different applications. Artificial intelligence (AI), the internet of things (IoT), and cloud computing all play significant roles in a variety of domains in the present and will continue to do so in the future. The goal of AI is to analyze and collect the data produced through cloud-based Internet of Things devices by gathering data from a variety of businesses. Integrating AI, IoT, and the cloud has resulted in a transformation of both the entire storage capacity and the digital world, and as a result, it has become a subject of intense interest among academics and academicians. The purpose of this chapter is to place an emphasis on the function that AI plays in data storage that is based on the cloud and IoT. The remaining parts of the chapter are broken down into the following sections: storing of data on the cloud is the primary emphasis. examines the function that IoT plays in cloud environments. In addition, the part that AI plays in the Internet of Things (IoT) and cloud data storage is discussed in. Section 6 brings the chapter to a close by discussing the applications of AI, IoT, and clouds in a variety of industries.
Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Artificial Intelligence in Behavioral and Mental Health Care summarizes recent advances in artificial intelligence as it applies to mental health clinical practice. Each chapter provides a technical description of the advance, review of application in clinical practice, and empirical data on clinical efficacy. In addition, each chapter includes a discussion of practical issues in clinical settings, ethical considerations, and limitations of use. The book encompasses AI based advances in decision-making, in assessment and treatment, in providing education to clients, robot assisted task completion, and the use of AI for research and data gathering. This book will be of use to mental health practitioners interested in learning about, or incorporating AI advances into their practice and for researchers interested in a comprehensive review of these advances in one source. - Summarizes AI advances for use in mental health practice - Includes advances in AI based decision-making and consultation - Describes AI applications for assessment and treatment - Details AI advances in robots for clinical settings - Provides empirical data on clinical efficacy - Explores practical issues of use in clinical settings
Artificial Intelligence (AI) in Healthcare is more than a comprehensive introduction to artificial intelligence as a tool in the generation and analysis of healthcare data. The book is split into two sections where the first section describes the current healthcare challenges and the rise of AI in this arena. The ten following chapters are written by specialists in each area, covering the whole healthcare ecosystem. First, the AI applications in drug design and drug development are presented followed by its applications in the field of cancer diagnostics, treatment and medical imaging. Subsequently, the application of AI in medical devices and surgery are covered as well as remote patient monitoring. Finally, the book dives into the topics of security, privacy, information sharing, health insurances and legal aspects of AI in healthcare. - Highlights different data techniques in healthcare data analysis, including machine learning and data mining - Illustrates different applications and challenges across the design, implementation and management of intelligent systems and healthcare data networks - Includes applications and case studies across all areas of AI in healthcare data
Artificial Intelligence is here, today. How can society make the best use of it? Until recently, "artificial intelligence" sounded like something out of science fiction. But the technology of artificial intelligence, AI, is becoming increasingly common, from self-driving cars to e-commerce algorithms that seem to know what you want to buy before you do. Throughout the economy and many aspects of daily life, artificial intelligence has become the transformative technology of our time. Despite its current and potential benefits, AI is little understood by the larger public and widely feared. The rapid growth of artificial intelligence has given rise to concerns that hidden technology will create a dystopian world of increased income inequality, a total lack of privacy, and perhaps a broad threat to humanity itself. In their compelling and readable book, two experts at Brookings discuss both the opportunities and risks posed by artificial intelligence--and how near-term policy decisions could determine whether the technology leads to utopia or dystopia. Drawing on in-depth studies of major uses of AI, the authors detail how the technology actually works. They outline a policy and governance blueprint for gaining the benefits of artificial intelligence while minimizing its potential downsides. The book offers major recommendations for actions that governments, businesses, and individuals can take to promote trustworthy and responsible artificial intelligence. Their recommendations include: creation of ethical principles, strengthening government oversight, defining corporate culpability, establishment of advisory boards at federal agencies, using third-party audits to reduce biases inherent in algorithms, tightening personal privacy requirements, using insurance to mitigate exposure to AI risks, broadening decision-making about AI uses and procedures, penalizing malicious uses of new technologies, and taking pro-active steps to address how artificial intelligence affects the workforce. Turning Point is essential reading for anyone concerned about how artificial intelligence works and what can be done to ensure its benefits outweigh its harm.
Looking for ways to handle the transition to a digital economy Robots, artificial intelligence, and driverless cars are no longer things of the distant future. They are with us today and will become increasingly common in coming years, along with virtual reality and digital personal assistants. As these tools advance deeper into everyday use, they raise the question—how will they transform society, the economy, and politics? If companies need fewer workers due to automation and robotics, what happens to those who once held those jobs and don't have the skills for new jobs? And since many social benefits are delivered through jobs, how are people outside the workforce for a lengthy period of time going to earn a living and get health care and social benefits? Looking past today's headlines, political scientist and cultural observer Darrell M. West argues that society needs to rethink the concept of jobs, reconfigure the social contract, move toward a system of lifetime learning, and develop a new kind of politics that can deal with economic dislocations. With the U.S. governance system in shambles because of political polarization and hyper-partisanship, dealing creatively with the transition to a fully digital economy will vex political leaders and complicate the adoption of remedies that could ease the transition pain. It is imperative that we make major adjustments in how we think about work and the social contract in order to prevent society from spiraling out of control. This book presents a number of proposals to help people deal with the transition from an industrial to a digital economy. We must broaden the concept of employment to include volunteering and parenting and pay greater attention to the opportunities for leisure time. New forms of identity will be possible when the "job" no longer defines people's sense of personal meaning, and they engage in a broader range of activities. Workers will need help throughout their lifetimes to acquire new skills and develop new job capabilities. Political reforms will be necessary to reduce polarization and restore civility so there can be open and healthy debate about where responsibility lies for economic well-being. This book is an important contribution to a discussion about tomorrow—one that needs to take place today.
"a provocative new book" — The New York Times AI-centric organizations exhibit a new operating architecture, redefining how they create, capture, share, and deliver value. Now with a new preface that explores how the coronavirus crisis compelled organizations such as Massachusetts General Hospital, Verizon, and IKEA to transform themselves with remarkable speed, Marco Iansiti and Karim R. Lakhani show how reinventing the firm around data, analytics, and AI removes traditional constraints on scale, scope, and learning that have restricted business growth for hundreds of years. From Airbnb to Ant Financial, Microsoft to Amazon, research shows how AI-driven processes are vastly more scalable than traditional processes, allow massive scope increase, enabling companies to straddle industry boundaries, and create powerful opportunities for learning—to drive ever more accurate, complex, and sophisticated predictions. When traditional operating constraints are removed, strategy becomes a whole new game, one whose rules and likely outcomes this book will make clear. Iansiti and Lakhani: Present a framework for rethinking business and operating models Explain how "collisions" between AI-driven/digital and traditional/analog firms are reshaping competition, altering the structure of our economy, and forcing traditional companies to rearchitect their operating models Explain the opportunities and risks created by digital firms Describe the new challenges and responsibilities for the leaders of both digital and traditional firms Packed with examples—including many from the most powerful and innovative global, AI-driven competitors—and based on research in hundreds of firms across many sectors, this is your essential guide for rethinking how your firm competes and operates in the era of AI.
This book highlights the latest technologies and applications of Artificial Intelligence (AI) in the domain of construction engineering and management. The construction industry worldwide has been a late bloomer to adopting digital technology, where construction projects are predominantly managed with a heavy reliance on the knowledge and experience of construction professionals. AI works by combining large amounts of data with fast, iterative processing, and intelligent algorithms (e.g., neural networks, process mining, and deep learning), allowing the computer to learn automatically from patterns or features in the data. It provides a wide range of solutions to address many challenging construction problems, such as knowledge discovery, risk estimates, root cause analysis, damage assessment and prediction, and defect detection. A tremendous transformation has taken place in the past years with the emerging applications of AI. This enables industrial participants to operate projects more efficiently and safely, not only increasing the automation and productivity in construction but also enhancing the competitiveness globally.