While “AI” might seem like a common buzzphrase, plenty of people are unaware of the practical use cases of this innovative technology and some of the pioneering ways we can implement it into our own lives. Today, we’re going to have a look at the AI tools that have changed the game, and those with pioneering features that are transforming their industries and markets.
#1 Predictive AI in Casino Gaming
Technology lies at the basis of so many key changes in casino gaming. Predictive AI is changing the customer user experience by digesting more data more efficiently and breaking down the patterns and behaviors bettors exhibit when they place a bet online. Slot gamers, for example, will have a tailored range of games that suit them, and predictive AI will put together suggested game titles based on their betting amounts or the genre of game they most enjoy.
You can already see how AI technology is beginning to shape up when you explore market-leading casino websites. Although there’s a growing trend amongst digital platforms to use this technology on a ubiquitous scale, when you play at a casino online, you’ll see how they constantly adapt to technological developments.
With so much money going into AI research and development, casinos are yet again adapting—using predictive models to enhance the bettor’s user experience. While we used slot machines as an example, predictive AI tools are being used right across the spectrum of casino gaming, and they will continue to play a crucial role in how platforms look to develop and stay ahead of their rivals.
#2 ChatGPT
Many people believe the emergence of ChatGPT was to AI what the first iPhone was to smartphones. The seminal moment showed just how far AI technology had developed, and generative AI tools that can provide long-form answers to complex questions are a stark contrast to other tools that have existed previously.
While ChatGPT does have some limitations, it sets a scary precedent for those who work in fields where practicality and process rule the roost. What we mean by that is that those who work in content writing, computer programming, conveyancing, data entry, customer service, software coding, and other fields that require rigid structures as part of their job description will be concerned about how quickly this generative AI is advancing.
Whether it’s a decade or two from now, some of these industries will have been completely swallowed by generative AI programs that can do the job as competently as a human for a fraction of the price. ChatGPT is the first model that showed us the worrying future that lies ahead for people who work in these industries, and the recent developments and updates to ChatGPT in 2024 have further emboldened this view.
#3 Nvidia Broadcast
If ChatGPT were the gunshot for the AI race to begin, Nvidia would have become the Usain Bolt of the industry. The company’s value has astonished those in the stock market their entire lives, with its share price increasing over 1,000% over the last five years. Recently, it became the world’s most valuable company, surpassing Microsoft and Apple.
Nvidia Broadcast is an AI tool channeling into the “new normal” of working remotely from home. Over the last five years, the number of people who work remotely has increased by 30%, and this number remains steady even as more companies explore the idea of bringing their employees back to the office.
You can use Nvidia Broadcast for a wide range of remote meeting ideas, including innovative meeting features like freezing your face to look at the lens as you talk, a range of backgrounds without a green screen, and transposing it all from Nvidia Broadcast to more commonly used tools like Zoom and Microsoft Teams.
#4 Co-Pilot AI Business Agents
Microsoft Co-Pilot is a clear-cut example of how AI is coming to specific office jobs and roles. Not only has co-pilot developed to such an extent that it can perform menial administrative tasks with no hassle, but new developments in 2024 have meant that it can manage and sort large amounts of data and e-mails far quicker than a human worker can.
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Clearly, there’s a human cost to such an advanced development, and corporations are currently arguing that this game-changing tool will enable customer service agents to perform more specific, human-driven tasks. If it can streamline human admin roles so efficiently, this type of technology could begin to phase out jobs like customer service and admin over the next ten to fifteen years.
#5 Grammarly
Spellcheck tools were the first use of generative AI, and while they have been around for 20 years, Grammarly is a clear dimension above the basic spelling and grammar checks you’ll find on Microsoft Word, for instance.
Grammarly can offer spelling and grammar checks for various writing types, whether creative, casual, formal, or informal. Its recent implementation of AI has meant it can create real-time examples and paragraph suggestions for topics. Basically, it’s getting to a stage where Grammarly can write the article for you and perform advanced spellcheck on any bits you’d like to add yourself—so my job might be surplus to requirements in a few years. It was good while it lasted, anyway!
Final Thoughts
Nvidia becoming the most valuable company in the world is a clear indication of where AI is heading. Our society has made a gigantic pivot toward AI, so the sort of changes we’ve already witnessed through these five innovations won’t be the last we see this year.
As we reach the end of this decade, some of the pioneering technology that has helped to fuel this AI revolution will undeniably continue to play a role in the industry. However, in our opinion, it’ll be generative AI innovations and other advances in vital necessities within healthcare and law that will see the most game-changing adaptations. AI is well on its way to changing the vast majority of every industry as we know it.
