3 ways entrepreneurs and enterprises can benefit from the “third wave” of AI.


Many people may not realize that artificial intelligence (AI) has been everywhere in our daily life. For example, digital assistants like Amazon’s Alexa and Apple’s Sili can handle daily tasks, including scheduling reminders or playing your favorite morning jam. The support channel is being taken over by chat robot. You don’t know a bit.
Although these applications may be impressive, according to Top500.org, artificial intelligence is entering the so-called third wave, which will create more interesting applications for the technology itself. The third wave of artificial intelligence is thought to be true intelligence, most similar to human thinking, meaning it will understand the independent world and its different backgrounds.
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For example, thinking in the third wave AI ecosystem. Artificial intelligence attempts to create a truly intelligent AI, which is comparable to human intelligence. In addition to autonomous learning, artificial intelligence in the human brain can abstractly induce or even infer through natural language. Mind’s goal is not to use a lot of computing power, but to build AI through proprietary data structures called normalization. “This allows AI to model how the world works, which means that AI can perform contextual tasks in a highly successful manner.”
While scientists and researchers are excited about these developments, many entrepreneurs want to know how they can use these technologies for their own benefit. Fortunately, AI platforms and AI-driven cloud-based services are dedicated to providing advanced capabilities for ordinary users and small businesses. Here are three ways to make the third wave AI beneficial to them.
1. Better view
The third wave AI can search in large amounts of data or even across data sets. This may lead to connections that have never been connected before, and thus to new insights that guide business decisions.
Nowadays, even ordinary users can use all kinds of AI driven data and analysis tools. For example, Growthbot collects and analyzes marketing data and research, such as search engine optimization (SEO) keywords, competitor intelligence, and potential customers. In this way, you can get to know your business, even your competitors, just by asking the chat robot questions.
Individuals can also use large amounts of communication data to understand their professional and personal contacts. It’s a cloud-based AI tool that helps users understand their e-mail and social networks. Discover patterns in dialogue and make them searchable. This provides users with an accurate view of their relationships and helps them navigate their social relationships better.

Artificial intelligence can even be used to generate and analyze synthetic data (synthetic data is manufactured information rather than generated by real-world events) for improvement in various applications. Nueromation helps projects use synthetic data to help AI learn and improve algorithms. One of its solutions is the AI driven camera with excellent facial or feature recognition capability. Accurate testing and classification may be conducive to safety, retail or even self driving projects.
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2. More effective automation
AI can also be used for automation of any activity. Personal finance. Micro investment application Mylo uses AI to help ordinary users start their portfolios without making a fuss. This app can help you save pocket money from shopping and then invest it in a diversified portfolio based on your preferences.
In business environments, AI-driven automation tools are now being used in specific business areas such as finance, manufacturing, and task management. For example, Roger can automate the Accounts Payable process, which is a common but important part of the business. Users simply scan the bills and the system sends them through a simplified process to ensure that the bills are paid on time and in line with the books.
The third wave of artificial intelligence may even bring further innovation to areas that already benefit from automation, such as manufacturing. Manufacturing is basically linear. But with the third wave of artificial intelligence, it is even possible for processes to adopt more dynamic and agile methods that enable systems to work through sprints and iterations rather than in traditional linear ways. Hitachi has used artificial intelligence to automatically adjust equipment settings in each production run to improve efficiency, TechTarget reports.
3. smart assistant
Siri and Alexa may create miracles, but even with some basic instructions, they can still make mistakes. It is because of these limitations that many of us still do not pass on more important tasks or decisions to artificial intelligence.
Unlike Siri and Alexa, which respond to only one instruction at a time, new AI assistants such as Patriot are adaptable. They can remember and learn from your preferences so that they can have meaningful conversations with users, just as you are talking to someone who knows you.
As a development platform, patriots can be strengthened to provide more professional interaction that can be applied beyond personal assistance such as education and health care. It can also be used in enterprise and business applications, similar to other AI driving tools.
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