AI Sector Overviews Articles and Reports

The applications of natural language processing (NLP) have been increasing as more companies find uses for their text data. This includes insurance companies with large stores of data from claims and customer support tickets.

In this article, we’ll take a look at several military drones and UAVs with AI capabilities. There are a variety of use cases for AI when it comes to drone technology. The military seems to commonly apply AI for allowing its drones to fly on their own, which requires machine vision.

Health insurance fraud may prove especially pressing due to the opioid epidemic, and thus routing out fraud could be of greater importance in the coming years.

Although AI has broader applications in the travel and tourism industry, facial recognition kiosks at airports have been one of the most prominent applications in the public discussion about AI. Their promise: to increase security and potentially speed up passenger boarding.

The conversation surrounding machine vision can sometimes feel dominated by facial recognition, especially for banking. Banks are necessarily concerned with security and customer service, so it follows that facial recognition, which could help with both, would prove of interest to them. 

Militaries around the world are starting to make increasing investments in artificial intelligence and machine learning capabilities. The top military defense contractors in the US, Europe, and Israel are all working on AI software to sell into the defense sector. That said, the military adoption of AI is as of right now slow in comparison to that of contractors.

There are many Indian startups claiming to develop artificial intelligence software to help the healthcare industry. However, their websites are filled with marketing terms and hype that could lead one to believe a company leverages AI when it does not. In sectors with a booming landscape of startups, we caution readers to take a closer look at each company before considering any of their solutions.

The insurance industry is making use of various artificial intelligence applications to solve business problems, but perhaps the most versatile is predictive analytics. The ability to aggregate data from disparate sources for business intelligence allows business leaders in insurance to inform important decisions across departments.