Do you ever wonder why Artificial Intelligence (AI), suddenly gains an unlimited amount of attention in just a couple of years? AI has played a pivotal role in technological advancement in recent years. AI has been used in just a few sectors such as education, business, scientific discovery, medical diagnosis, video games, stock trading, etc. We all have seen some astonishing achievements in AI technologies in the 21st century that are extraordinary indeed such as text production, speech recognition, natural language processing, drug development, language translation, etc. If you are a business owner and want to take your company to the top you must use AI for your business. The term AI (Artificial Intelligence) was first coined by a young scientist John McCarthy at summer conference named “Artificial Intelligence” at Dartmouth University in 1965.
However, the potential use of AI came into existence in the first decade of the 21st century and it was successfully applied in a wide range of fields such as industries and academics to solve their problems. All the credit goes to powerful computer hardware, innovative approaches, and massive data accumulation. AI is a computer field that is developed gradually. It uses machines, mainly computer systems to stimulate human intellectual processes.
1. 5 Must-Have AI Technologies for Businesses
Do you ever wonder why Artificial Intelligence (AI), suddenly gains an unlimited
amount of attention in just a couple of years? AI has played a pivotal role in
technological advancement in recent years. AI has been used in just a few
sectors such as education, business, scientific discovery, medical diagnosis,
video games, stock trading, etc. We all have seen some astonishing
achievements in AI technologies in the 21st
century that are extraordinary
indeed such as text production, speech recognition, natural language
processing, drug development, language translation, etc. If you are a business
owner and want to take your company to the top you must use AI for your
business.
So, in today’s blog, we will shed light on the astonishing achievements of AI
technologies. So, without any further delay, let’s get started!!
2. What is AI (Artificial Intelligence)?
The term AI (Artificial Intelligence) was first coined by a young scientist John
McCarthy at summer conference named “Artificial Intelligence” at Dartmouth
University in 1965.
However, the potential use of AI came into existence in the first decade of the
21st
century and it was successfully applied in a wide range of fields such as
industries and academics to solve their problems. All the credit goes to powerful
computer hardware, innovative approaches, and massive data accumulation. AI
is a computer field that is developed gradually. It uses machines, mainly
computer systems to stimulate human intellectual processes.
Also read: The Impact of Artificial Intelligence (AI) on the future work
How does AI work?
3. AI analyzes and ingests a huge volume of trained and labeled data for patterns
and correlations to predict future events. For instance, a chatbot can mimic a
real-time human conversation when fed up with text chat examples.
The algorithm and data are converted into usable information and then
transferred into the AI programs and the algorithm helps the software in
choosing the correct data for a desired result. AI algorithms are programmed in
such a way that they will learn from new and well-tuned data on their own
regularly and deliver accurate results.
What is the use of AI technologies in business?
AI technologies are being used in businesses of all sizes and industries to
improve efficiency, productivity, and customer satisfaction. Here are a few
examples:
Customer service: AI-powered chatbots can answer customer questions
and resolve issues quickly and efficiently.
Sales and marketing: AI can be used to identify and target potential
customers, personalize marketing campaigns, and predict sales.
Product development: AI can be used to analyze customer data and
feedback to develop new products and services that meet customer
needs.
Operations: AI can be used to automate tasks, optimize supply chains,
and improve production efficiency.
Fraud detection: AI can be used to detect and prevent fraud in financial
transactions and other areas.
Improve employee productivity: AI can be used to automate tasks, such
as data entry and scheduling so that employees can focus on more
important and strategic work.
Make better decisions: AI can be used to analyze large amounts of data
to identify patterns and trends that humans might not be able to see.
These points can then be used for making better decisions about
everything from marketing campaigns to product development.
4. Create new products and services: AI can be used to generate new ideas
and create new products and services that meet the needs of customers
in new and innovative ways.
5 Must have AI technologies for Businesses
These are 5 AI technologies for businesses you must have:
1. Pictory
Pictory is an AI video generator that can help you create high-quality
videos quickly and easily, even if you have no prior design or video editing
experience. With Pictory, you can:
Creating short video snippets from long-form video content
Editing videos using texts or scripts
Creating video highlight reels that can be easily shared
Summarize videos and add captions automatically
Pictory is available on a subscription basis, with three plans to choose from:
Standard, Premium, and Enterprise. Plans start at $19/month per user, and
there is also a 3-day free trial available.
Features of Pictory:
Pictory is designed to be easy to use, even for people with no prior video
editing experience.
Pictory offers a wide range of powerful features, including automatic
captioning, video summarization, and video highlight reels.
Pictory is very affordable, especially when compared to the cost of hiring
a professional video editor.
5. 2. Jasper.AI
Jasper AI is the best all-around AI writing assistant on the market. It's easy
to use, powerful, and affordable, and it can help you with everything from
writing blog posts to creating marketing copy to generating creative
content. Jasper AI also offers a variety of templates that you can use to
create different types of content, such as blog posts, emails, marketing
text, and Facebook ads.
If you're looking for an AI writing assistant who can help you with
everything from writing long-form content to generating creative content
to improving your writing, then Jasper AI is the perfect solution for you.
Jasper is available on a subscription basis, with three plans to choose
from: Starter, Boss Mode, and Business. Plans start at $24/month. There
is also a 5-day free trial available.
Features of Jasper.AI:
Jasper has a user-friendly interface that makes it easy to get started.
Jasper can generate high-quality text on a variety of topics.
Jasper can be used for a variety of writing tasks, including blog posts,
articles, marketing materials, and more.
Jasper is very affordable, especially when compared to the cost of
hiring a human writer.
6. 3. Webscraping.AI
Webscraping.AI is a powerful AI tool that automates data collection
without the need for coding. With Webscraping.AI, you can extract data
from any website with just a few clicks.
Webscraping.AI uses artificial intelligence to understand the structure of
a website and extract the data you need. All you need to do is provide the
website URL and select the elements you want to extract. Webscraping.AI
will then do the rest, delivering your data in a clean and organized format.
Webscraping.AI is available on a subscription basis, with three plans to
choose from Personal, Plus, and Startup. Plans start at $29/month. If
you're looking for a powerful and easy-to-use AI tool to automate data
collection, then Webscraping.AI is the perfect solution for you.
Features of Webscraping.AI:
Webscraping.AI is designed to be easy to use, even for people with no
prior coding experience.
Webscraping.AI can extract data from any website, regardless of its
complexity.
Webscraping.AI uses cutting-edge AI algorithms to ensure that your data
is extracted accurately.
Webscraping.AI can be used to extract data from a single website or from
thousands of websites.
4. Fireflies
7. Fireflies is an AI-powered meeting assistant that uses natural language
processing to eliminate the need for taking notes during meetings. It's a
simple and straightforward platform that makes it easy to discuss and
record conversations during sessions.
Fireflies can easily transcribe audio files or live meetings that you upload.
You can then listen to the audio and follow along with the transcript, or
simply skim the transcript to get the key takeaways.
Fireflies offer a free plan with limited features, as well as pro and business
plans starting at $10/month and $19/month, respectively.
If you're looking for a simple and effective way to take notes during
meetings, then Fireflies is the perfect solution for you.
Features of Fireflies:
Fireflies eliminates the need to take notes during meetings, freeing up
your time to focus on the conversation.
Fireflies' transcripts are highly accurate, so you can be confident that
you're capturing all the important information.
Fireflies makes it easy to review and share meeting notes, so you can get
started on action items quickly and efficiently.
5. Speechify
Speechify is an AI-powered tool that turns any text into natural-sounding
speech. It's a web-based platform that can convert PDFs, emails,
documents, and articles into audio that you can listen to instead of
reading.
8. Speechify uses artificial intelligence to analyze the text and generate a
speech waveform. This waveform is then converted into audio using a
high-quality speech synthesis engine.
Speechify offers a free plan with limited features, as well as premium
plans starting at $139/year per user. There is also a Speechify audiobook
plan priced at $199/year.
If you're looking for a convenient and accessible way to consume content,
then Speechify is the perfect solution for you.
Features of Speechify:
Speechify makes it easy to consume content on the go. You can listen to
audio files while you're commuting, exercising, or doing other tasks.
Speechify is a great tool for people who have difficulty reading, such as
people with dyslexia or visual impairments.
Speechify can help you to be more productive by allowing you to consume
content while you're working on other tasks.
Also read: 5 best AI tools for Digital Marketers
Conclusion
Artificial intelligence (AI) is rapidly transforming our world, and AI tools are
becoming increasingly powerful and accessible. These tools can help us to
automate tasks, improve our creativity and focus, and even have more
intelligent conversations with others. So, start using these above-mentioned 5
AI technologies for businesses to be successful!!
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9. FAQs
1. Which AI tools are best for content writing?
Jasper
Copy.ai
Automated Insights
OpenAI ChatGPT
Quill
Grammarly
WordAi
2. Which AI tools are best for images?
Pixlr
Fotor
Adobe Photoshop
GIMP
3. Which AI tools are best for video editing?
Animoto
movio.la
Adobe Premiere Pro
Final Cut Pro
Magisto
4. Name 5 types of AI systems.
Computer vision, robotics, chatbots, machine learning, and natural language
processing (NLP).