The 5 Best Use Cases of AI in 2024

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Introduction
1. Multi-modal Goes Multi-purpose
2. Automation Boosts Workplace Productivity
3. Robots Take the Lead in Manufacturing
4. Chatbots Handle Customer Service
5. AI Acts as a Healthcare Assistant
Closing Thoughts on The 5 Best Use Cases of AI in 2024

The 5 Best Use Cases of AI in 2024

Curated by

cdteliot

5 min read

262

Artificial Intelligence (AI) continues to revolutionize industries across the globe, with its applications becoming increasingly sophisticated and widespread. As reported by Bloomberg, the top AI use cases for 2024 span diverse sectors, from healthcare and finance to manufacturing and transportation, showcasing the technology's transformative potential in solving complex problems and enhancing efficiency.

1. Multi-modal Goes Multi-purpose

leewayhertz.com

If you believe artificial intelligence is still stuck on one function at a time, then you're in for a treat. Because AI is advancing as quickly as you blink these days, you can now leverage certain AI platforms like OpenAI's ChatGPT and Google's Gemini for many purposes

. Today's multi-modal AI models can understand and produce multiple types of data with astonishing speed and ease. May the data be text, images, audio, or video, multi-modal AI can process them and give you the output that you want— all you have to do is ask

. Instead of switching between different tools for different tasks, you can just choose one AI powerhouse that does it all

. If you're a content creator or a small business owner, you can use a single AI application to draft your blog posts and emails, edit your photos, transcribe your podcasts, and even suggest video edits. You'll have an entire creative team at your fingertips

! The best part is that these multi-modal models are constantly learning from each kind of data they process and from each input you enter. Their memory stores every significant interaction and information for future reference

. So the more you use them, the smarter they get. They are your very own digital assistants who keep up with you while also anticipating your needs

7 sources

2. Automation Boosts Workplace Productivity

sendgrid.com

You no longer have to slog through mundane, repetitive tasks at work that drain your energy and time when you can assign AI to do them for you. If you're at your desk, drowning in a flood of emails, data entry tasks, and scheduling conflicts, hand over those mind-numbing chores to AI agents. Studies back that an average employee can save 4.5 hours of work per week through automation.

AI-powered tools can sift through your emails, identify the important ones, and write responses in your stead.

There are also AI scheduling assistants that can analyze everyone's calendars and suggest the best times for meetings. They take into account the time zones and preferences of the attendees so no one misses an appointment. If you're having headaches and eye strain from those tedious hours spent inputting data into spreadsheets, then let intelligent systems extract information from documents and automatically populate the databases for you. You get to save time and reduce errors, making your work more accurate and reliable. These are just some applications of AI automation in administrative tasks. They free up your time for more meaningful work— the kind that requires creativity, critical thinking, and human touch. With AI involved, there is better job satisfaction as approved by 91% of workers!

Why waste your effort on tasks that can be streamlined? AI can simply step in as your proxy.

3 sources

3. Robots Take the Lead in Manufacturing

azorobotics.com

Traditional manufacturing processes often involve a lot of manual labor and the same motions repeated over and over. To cut down labor costs and production time, AI-powered robots are now entering the factory scene. They take over assembly line tasks with heightened precision and speed that humans simply can't match

. These intelligent machines can work around the clock without breaks so the production line stays humming and moving. They can also adapt to new tasks quickly, thanks to machine learning algorithms that allow them to learn from experience

. The result? Higher output, fewer mistakes, and less waste of materials and resources. Production costs decrease by 10-30% while productivity increases by 70%

. Of course, there are still plenty of products that robots can't create by themselves. This is where "cobots" come in. Rather than replacing employees, these collaborative robots work alongside humans as an extra pair of hands— only these hands are tireless and incredibly accurate. They can help with the heavy lifting and other labor-intensive chores that are usually strenuous for people. Since robots are helping, the amount of workplace injuries dropped down by 16%

. Robots aren't limited to assembling product parts and carrying stuff either. They're also making real-time decisions to optimize production. With predictive analytics, AI can forecast demand to avoid overproduction or stockouts. It can also point out potential bottlenecks and suggest optimal routes for shipping so the products will reach their intended destinations faster and at a lower cost

5 sources

4. Chatbots Handle Customer Service

blog.happyfox.com

AI-powered customer service chatbots have revolutionized the way businesses interact with their customers. These advanced chatbots, equipped with natural language processing (NLP) capabilities, can now provide instant, personalized support 24/7

. Unlike their predecessors with canned responses, modern AI chatbots can comprehend questions, detect sentiment, and respond appropriately, even remembering past conversations for more tailored interactions

. They can handle multiple queries simultaneously, from order tracking to product recommendations, significantly reducing wait times and improving customer satisfaction

. By automating 65-80% of customer support tasks, these AI agents allow human representatives to focus on more complex issues, enhancing overall service efficiency

. With the ability to operate across various channels and integrate with existing customer service platforms, AI chatbots are becoming an essential tool for businesses looking to optimize their customer support operations

4 sources

5. AI Acts as a Healthcare Assistant

linkedin.com

In this day and age, an AI-powered assistant may know your medical history better than you do. In the healthcare industry, a lot of medical institutions, hospitals, and clinics are making use of artificial intelligence to help them with tasks such as disease detection, medical imaging, and drug development

. Some are even bringing in robots that can assist in surgeries. Diagnostics is another particular medical aspect that AI excels in. Do you feel sick waiting anxiously for days or weeks just to get your test results back? With AI-driven diagnostic tools, you can get an accurate diagnosis in a fraction of that usual wait time. These smart systems examine medical images, lab results, and genetic data. Because they're so thorough, they can even detect anomalies that might be missed by the human eye

. AI can also come up with treatment plans tailored specifically for you based on your genetic makeup and lifestyle factors. Because AI knows your body so well, it can administer more effective treatments with fewer side effects. You don't have to worry if taking a certain prescription may cause an allergic breakout or not work on you entirely. You can rest assured that you're receiving proper treatment that your system won't reject. If you're not ill and you just want to stay healthy, you can recruit AI as your personal health coach. There are many AI apps that can monitor your vital signs in real-time, remind you to take your medication, and suggest lifestyle changes based on your unique health profile

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Closing Thoughts on The 5 Best Use Cases of AI in 2024

AI is changing everything around you, from the way businesses operate to the experiences you have in your everyday life. With AI-driven chatbots and smart tools, entire industries are undergoing a digital transformation. Just think about healthcare services, where predictive analytics are now helping providers improve patient outcomes

, or customer service agents who are using intelligent automation to keep you happy and engaged with seamless customer interactions

. As companies tap into the power of machine learning models and deep learning algorithms, they're gaining valuable insights from vast amounts of real-time data, resulting in more personalized recommendations and a sharper, data-driven approach to decision-making

. Artificial Intelligence (AI) is also making waves in fields like fashion and beyond, where AI-driven algorithms help predict customer demands, reflecting individual preferences and customer behavior

. You can expect even more advanced conversational interfaces and virtual assistants that understand human language, allowing human agents to focus on high-value activities while AI handles both routine and complex tasks

. AI-powered apps are improving real-time data consumption to better understand user behavior and adapt to your unique needs

. The future of AI promises even richer user experiences, smarter process automation, and a proactive approach to meeting customer preferences