by Anika D | Jan 3, 2022 | Artificial Intelligence, Machine Learning
The capabilities of machine learning increasingly influence the world. Machine learning is expanding the boundaries of what was once thought to be possible. It has permeated our daily lives through the apps we use to automate our daily schedule.
Machine Learning is a big part of pulling information from datasets. Thanks to the volume of data the algorithm is exposed to, they’re used in predicting patterns. This algorithm identifies emerging trends and translates data into consumers’ behavior information.
Let’s look at five real-world examples of machine learning in 2021.
Product Recommendations
This is the easily identifiable element of machine learning. If you’ve used Netflix, then you’re aware of the ‘Since you’ve watched ***’ feature. The Netflix algorithm makes recommendations about the shows you might like. This is also the case with Amazon. It shows you ‘customers who bought this item also bought.
This is possible due to the efforts of machine learning. You can also learn about machine learning through various courses.
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Speech Recognition
Voice-activated virtual assistants like Alexa, Siri, and Google Assistant have fine-tuned speech recognition. Machine learning can also facilitate speech-to-text functions. This has real-world applications in voice search, increasing the accessibility options for disabled people.
Another facet of machine learning is Neural Machine Learning, which can seamlessly translate from one language to another. Moreover, the ability of a computer program to understand spoken and written language is known as Natural Language Processing. It facilitates language-related tasks.
Medical Diagnostication
Thanks to machine learning, some chatbots can identify symptoms. You have algorithms to build models predicting 3D molecule drugs that discover life-saving medicine. Also, identifying patterns can help formulate diagnoses or create treatment plans for patients. It has a strong link with oncology and predicting if cells are cancerous or calculating the potential to be cancerous.
Self Driving Cars
Many can now experience the benefits of autonomous driving thanks to machine learning. Combining machine learning, sensors, and dynamic software has brought this experience to life and the market. This is thanks to the predictive analytical capability of machine learning.
In addition, as a promising field to lean into, it has the potential to change every industry from identifying fraudulent transactions to creating self-learning robotic process automation.
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Automated Arbitrage
Machine learning finds a new niche in finance. Arbitrage is buying or selling assets to generate profits from the price difference. The automation element comes into play when machine learning is used to analyze the data generated by trade. This helps in creating a trading algorithm.
Moreover, this trading algorithm can identify the patterns created in the market to identify profitable trades. You can use this algorithm to make real-time trading decisions leveraging these advantageous arbitrage opportunities.
Machine learning is changing the face of industries in many subtle but impactful ways. We’re only beginning to scratch the surface of what is possible with the use of machine learning. It has the potential to transform everything from healthcare to the economy. In addition, machine learning is going to have a hand in shaping the possible technology of the future.
by Anika D | Dec 29, 2021 | Blockchain, Business
An increasing number of women are claiming the space around blockchain technology, NFTs and cryptocurrency. This promises to be an exciting prospect as technology and finance are male-dominated fields.
As Bitcoin has reached record highs in recent years, one cannot help but note that the younger generations seem more invested. This also presents a chance for women to stop being underrepresented in digital spaces.
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This does not have to stand when you consider financial avenues provided by Bitcoin as an investment. Using blockchain technology and cryptocurrency can address issues ranging from digital education for girls in under-developed countries to wealth gap inequalities.
What are Blockchain Technology, NFTs, and Cryptocurrency?
Blockchain is a public digital ledger that records financial transactions in ‘blocks.’ Each block is a time-stamped encrypted file with data on the previous trade. With every additional transaction, they form a chain of blocks. The best use for blockchain technology is as an anti-corruption tool.
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Cryptocurrencies are the main components of digital payments systems. It enables peers to make and receive payments. The decentralization element is that banks don’t keep records of these transactions. It gets recorded in a public ledger.
Non-Fungible Tokens (NFTs) are unique non-interchangeable data stored in a block. It is proof that you have ownership of a digital or physical asset. Users can copyright the investment, buy or sell them.
This technology is revolutionizing the way you can keep assets and presents a unique opportunity for vulnerable populations to invest or sell their art. Thanks to decentralization, it provides a fairer, inclusive, and more resilient path to financial security for women.
Creating Space For Women In The Cryptocurrency World
More than two-thirds of U.S. cryptocurrency investors are men. About 60% are white, and according to a recent survey by CNBC and Acorn, the gender gap is wider than in other financial investments such as stocks, bonds, and mutual funds.
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Cryptocurrencies and NFTs provide a once-in-a-lifetime opportunity to bridge the gender gap in a newly expanding horizon. In addition, with Cryptocurrency going mainstream, it’s crucial to have the input of women and diverse actors to create a better future for crypto and NFTs.
When you consider the long-term implications of blockchain technology, you need to glean if cryptocurrency is a good investment for your portfolio. If not, an investment in NFTs might be on the cards.
If so, then women may lead the cryptocurrency community. A recent study found that female investors tend to be more analytical and carry thorough risk assessments with their investments. This is only beneficial in the volatile markets provided by cryptocurrency.
Blockchain technology and cryptocurrency thrive in communities, which benefit from women’s skillset in helping them grow and develop. Moreover, it creates a forum for women to take the initiative and lead the way. This will address the skewed balance of the blockchain ecosystem. In addition, the impact of the blockchain will ripple out to other industries, which will benefit from having women at the helm.
by Anika D | Dec 23, 2021 | General
The dream of self-driving cars has turned to reality with autonomous vehicles. As a result, many companies will take technology to the next level as they plan to launch flawless self-driving machines.
Thus, these companies are witnessing increased stocks and all the love from their admirers. So, keep reading to check out everything about this trending technology.
What is Autonomous Driving?
The latest cars are equipped with sensors, cameras, and AI, which aids the driver and decreases the driving load. However, autonomous driving is driving without a human driver.
How Does Autonomous Cars Work?
The tech involved in the cars are sensors, algorithms, machine learning, artificial intelligence, actuators, and powerful software. Moreover, the sensors play a vital role in creating a map of the location. Radar sensors look for obstructions. The cameras identify signals, pedestrians, and any hindrance.
The softwares instructs all the control of acceleration and driving techniques. All the complex technology comes together to create safe and secure driving. In addition, the industrial internet of things in the automotive industry helps better connectivity and lets the car stay updated.
The Benefits of Autonomous Cars
There are some beneficial advantages of self-driving cars. Let’s have a look.
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- It will reduce accidents and collisions as the technology is backed up with amazing quick sensors and cameras.
- It will increase productivity as everyone can save the driving times, traffic jams to utilize it efficiently. So it will keep the driving, parking and lots of time and increase productivity.
- They are environment friendly as the technology mainly supports electricity as power. This will be a game-changer as it will cut significant carbon emissions.
What to Expect From Self Driving Vehicles?
The 5G future-changing emerging technologies with AI, best hardware, and software will change driving dynamics. Some top companies which are exploring the field are :
Tesla
The top in this list is Tesla; the company claims a self-driving car on the road in the coming years. In addition, the name is colossal in terms of the best technology and science.
Pony.ai
It’s a leading startup company providing solutions and enhancing artificial intelligence. Moreover, it plans to bring the first generation of self-driving cars by practical engineering, AI, and software.
Waymo
It’s powered by tech epitome Goggle itself, its leading venture among autonomous car firms. In addition, they are developing self-driving automobile technology. The project is called the Google autonomous automobile project. Moreover, Waymo is bringing autonomous cars to New York city for mapping through manual driving. The company is trying and testing the technology.
Apple
Apple, in 2016, invested in machine learning and automation. In addition, they announced the venture of self-driving cars. But today, Apple has the third-largest fleet for testing self-driving vehicles.
Bottom Line
The vehicles will have all six levels of vehicle automation and are expected to be on roads by 2025. Moreover, autonomous driving with the best tech, advantages, and leading companies will shortly set foot on the roads. Also, after sufficient tests and trials, the technology will become quite potent to rule and change the dimensions of driving.
by Anika D | Dec 21, 2021 | Business, Emerging Technology
The Robotic Automation Process is a technology that indulges intangible software Bots in making the tasks easy for humanity. Businesses are turning to all new Robotic Automation for saving time and increasing efficiency.
The all-new technology is a lifesaver, and many companies are investing in the platform. As a result, you may have some queries about this new technology. Fortunately, you have come to the right place as you will learn all about this future trending technology.
What is Robotic Process Automation
The Robotic Automation Process has software programs, generally called Bots which mimics human behavior partially or entirely. It can perform data entries, repetitive tasks, calculations, log into the application and interact with other software.
The technology becomes more potent when combined with Artificial intelligence and Machine learning. The RPA is process-related, and AI is data-related. Artificial Intelligence is everywhere and it backs up RPA to make it more complex and advanced.
Robotic Process Automation and its Benefits in Business
The technology is a blessing to the business as it simply cuts the monotonous work. The skilled professionals can divert their efforts to the company’s primary goals. It’s a blessing in disguise, and as technology advances, it will become more flawless. So let’s look at how the RPA is benefitting the business.
Cost Saving
The RPA is a very cost-effective technology, which is reasonable and handy. Also, it indirectly reduces all the repetitive tasks and exponentially increases the business’s revenue.
Higher Customer Satisfaction
Companies with the best customer service are most successful and reliable. That virtue makes them unstoppable. So, One of the most significant advantages of Bots is they can talk to customers 24* 7 by chat boxes.
They are designed and programmed to reply at once and quickly solve fundamental problems. The RPA can transfer more complex problems to skilled human professionals. But, many of the issues are ruled out by the software bots.
Higher Accuracy
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The RPA and software bots are designed to perform on physical and virtual machines. The accuracy is unmatchable. It can work non-stop without causing any errors. The RPA can flawlessly do data entry, calculations, file exports, and imports.
Enables Employees to be More Productive
This technology lets the business forget the formalities of minor tasks and allows them to focus on primary goals. For example, there is always a thought in employees’ minds about all the tasks and deadlines. Moreover, you can skip all these as RPA can perform all the minor tasks. Also, the RPA helps deal with labor shortages because of the pandemic as it can work independently.
Fewer Technicalities
There is significantly less coding in RPA, which lets non-professional staff operate it. In addition, there are simple drag and click options. Essential learning of computers and programming is sufficient. You can use the technology effortlessly. The software development trends of 2021 have made it possible to make such technology so effortless.
Bottom Line
The latest and trending Robotic Process Automation is a game-changer for any company. Its advancement will significantly lead to accuracy, less human burden, and fast work. It will only benefit the industries.
by Anika D | Jun 2, 2021 | 5G
5G is the 5th generation mobile network and the brand new global wireless standard after 4G. The technology is known to bring faster speeds, low latency communications, and high data caps in smartphones.
Nevertheless, it’s quite a talk in the gaming industry too. Wondering the link between 5G and gaming? Here are some of the ways by which the technology is in trend.
Fast
There is no doubt that 5g is fast. When we say fast, we mean really fast! If we compare both 5G and 4G, 5G has 20 times the speed of 4G.
If you are planning to download any piece of data, the time taken by 5G will be less than 4G. From the gaming’s perspective, the outcomes will be quite desirable.
About 10 games can be downloaded with 5G while 4G would still be in its first half. Fast Internet speed will render you a better gaming experience too.
Latency
5G renders a lower latency. You will notice a difference of 15 milliseconds. It can go from 20 milliseconds to 5 milliseconds.
While the difference might seem small, it’s quite noticeable during gaming. Gamers who have opted for 5G have seen much less latency while playing games with latency issues. It also rendered them a better multiplayer experience.
Unlocks the Reality of VR
5G can also transform the future of virtual reality. The technology can eliminate the term ‘Virtual’ from ‘Virtual Reality.
That’s because the higher speed and lower latency can free the VR headsets from cords. The processing power will be able to sustain in the cloud and the graphics will be enhanced. It will also price an authentic experience to gamers where they will get haptic feedback.
Turn AR into Reality
When it comes to technology, Augmented reality has surely been in the limelight lately. With that being said, 5G can enhance Augmented Reality by rendering the technological support for immersive game creation.
The Ericsson consumer lab report states that gamers have a takeaway slogan of ‘Ready, Steady, Game!’. It signifies that getting away from reality is the primary aim of playing video games for gamers.
Thus, the in-depth experience rendered by the 5G to AR can assist gamers to get away from reality. As per Ericsson’s study among AR gamers, 4 out of 10 gamers consider AR to be fascinating with immersive games.
Better Flexibility
Lastly, 5G technology can give the much-needed flexibility in games too. When we talk about flexibility, it will be similar to the ones you get in streaming platforms like Netflix.
The energy-efficient technology has the speed to stream both AR and VR content from the cloud. So, yes, you are certainly going to note some transformation.
Conclusion
If you are a gamer then we hope that these 5 things about 5G are worthwhile for you. Be it the speed or flexibility, 5G is going to promise a better tomorrow.
Besides, in the gaming industry, gamers are going to see some epic transformation in numerous aspects. Overall, 5G is a step towards an impressive gaming experience.
