Comprehensive Overview of Artificial Intelligence Applications in Modern Industries

• URL: http://arxiv.org/abs/2409.13059v1
• Date: Thu, 19 Sep 2024 19:22:52 GMT
• Title: Comprehensive Overview of Artificial Intelligence Applications in Modern Industries
• Authors: Yijie Weng, Jianhao Wu, Tara Kelly, William Johnson,
• Abstract summary: This paper explores the applications of AI across four key sectors: healthcare, finance, manufacturing, and retail. We discuss the implications of AI integration, including ethical considerations, the future trajectory of AI development, and its potential to drive economic growth.
• Score: 0.3374875022248866
• License: http://arxiv.org/licenses/nonexclusive-distrib/1.0/
• Abstract: Artificial Intelligence (AI) is fundamentally reshaping various industries by enhancing decision-making processes, optimizing operations, and unlocking new opportunities for innovation. This paper explores the applications of AI across four key sectors: healthcare, finance, manufacturing, and retail. Each section delves into the specific challenges faced by these industries, the AI technologies employed to address them, and the measurable impact on business outcomes and societal welfare. We also discuss the implications of AI integration, including ethical considerations, the future trajectory of AI development, and its potential to drive economic growth while posing challenges that need to be managed responsibly.

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