Artificial Intelligence and Machine Learning are often discussed interchangeably, but in reality, Machine Learning is a subset of AI. While AI might seem like science fiction to many people, it is one of the fastest-growing software development trends. Moreover, AI and Machine Learning are no longer relegated to only HiTech applications. Modern software in several other industries, especially FinTech, has harnessed the immense computational and predictive power of Machine Learning and AI.
The reality is almost every business, software, and mobile app can benefit from data science and Machine Learning. No, AI isn’t advanced to the degree you might read about in science fiction novels. Still, it is already helping businesses strategize, plan accurate budgets, review vast amounts of data, test systems, and more.
The latest AI development that excites people is generative AI. Generative AI uses existing content such as audio, video, text, etc., to create new content. It has shown remarkable promise in pharmaceutical research, building marketing campaigns, and developing software. As generative AI improves, developers can spend less time on low-level tasks and more time focusing on high-value tasks and projects.