4.3. AI in Industry
Artificial Intelligence (AI) is transforming numerous industries by enhancing efficiency, accuracy, and decision-making. This section explores how AI is being applied in three critical domains – Healthcare , Finance , and Autonomous Vehicles – highlighting current trends, technologies, and real-world case studies. We present an organized overview in a logical progression, reflecting both the recent advances and the chronological development of these applications. Healthcare AI has become an indispensable tool in healthcare, improving diagnostics and enabling personalized treatments. AI systems can analyze vast amounts of medical data (from imaging scans to genetic information) much faster and often more accurately than human clinicians. This capability addresses long-standing challenges such as diagnostic errors (estimated at ~5% in outpatient settings) by providing data-driven insights and predictions. AI Diagnostics: In medical diagnostics, AI algorithms – especially deep learni...