AI vs IoT

AI vs IoT
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Mr. Unity Buddy

Published on May 10, 2021

8 min read

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Hello, buddies! If you investigate the current trending technology you may come across AI, IoT, ML etc more predominantly than the concurrent ones that are trending. Most of these are sometimes interchangeable too since they have a lot much similarity. Both these terms are most commonly associated with Data Analysis, which is again sweeping off the world of technology. So today we're going to see characteristics among AI and IoT.

Artificial Intelligence

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What is Artificial Intelligence?

It is all about stimulating intelligence in machines. Artificial intelligence is derived at after stipulative thorough data analysis after serious consideration on derivations and results. AI is beneficial for real-time analysis, post or pre-event processing also. With a strong database, the AI can increase the accuracy of predictions and act accordingly with respect to the commands input by the external stimulus.

Artificial Intelligence is a way of machine learning in fact, which thoroughly examines the pattern and derive on results effectively.AI is a result of collective predictive analysis, continuous analytics and prescriptive analytics. It is just mimicking human intelligence. Most of the current applications, or devices are completely dependent on the AI, as it gives a better interactive environment which is impelling.

Why Artificial Intelligence?

✔️ It adds Intelligence

✔️ Brings accuracy

✔️ Can make most out the data obtained

✔️ Analyses data and helps in deep learning

Advantages of Artificial Intelligence

✔️ Assists in solving complex problems beyond human intelligence

✔️ Ideal handling of information

✔️ Higher conversion of data into the required information

✔️ Better interfaces for operations

✔️ Greater interactions with humans and machines

✔️ Organized handling of data records

✔️ Detect cards, bar codes and even fingerprints easily. And many more!

On which ways, AI will affect the future?

1. MEDICINE

image.png Why have medicine that’s good for the average person, when it could be tailored to your exact genome? AI algorithms will enable doctors and hospitals to better analyze data and customize their health care to the genes, environment and lifestyle of each patient. From diagnosing brain tumors to deciding which cancer treatment will work best for an individual, AI will drive the personalized medicine revolution.

2. CYBERSECURITY

image.png There were about 707 million cyber-security breaches in 2015, and 554 million in the first half of 2016 alone. Companies are struggling to stay one step ahead of hackers. USC experts say the self-learning and automation capabilities enabled by AI can protect data more systematically and affordably, keeping people safer from terrorism or even smaller-scale identity theft. AI-based tools look for patterns associated with malicious computer viruses and programs before they can steal massive amounts of information or cause havoc.

3. VITAL TASKS

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AI assistants will help older people stay independent and live in their own homes longer. AI tools will keep nutritious food available, safely reach objects on high shelves, and monitor movement in a senior’s home. The tools could mow lawns, keep windows washed and even help with bathing and hygiene. Many other jobs that are repetitive and physical are perfect for AI-based tools. But the AI-assisted work may be even more critical in dangerous fields like mining, firefighting, clearing mines and handling radioactive materials.

4. TRANSPORTATION

image.png The place where AI may have the biggest impact in the near future is self-driving cars. Unlike humans, AI drivers never look down at the radio, put on mascara or argue with their kids in the backseat. Thanks to Google, autonomous cars are already here, but watch for them to be ubiquitous by 2030. Driverless trains already rule the rails in European cities, and Boeing is building an autonomous jetliner (pilots are still required to put info into the system).

IoT - Internet Of Things

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What is Internet Of Things

IoT forms an ecosystem of connected devices in a wireless manner which is accessible via the internet. The connected devices have sensors and have inbuilt embedded systems which can message to the other interconnected devices. The communication of these devices is made possible through effective intelligent technology. With Iot finding its application in a wide variety of ways like making smart homes, wearable devices, smart cities and even smart vehicles, IoT is expanding day-by-day.

Why IoT?

✔️ It assists in analyzing when a device needs assistance

✔️ Predict the behavior of the devices

✔️ Helps devices to observe and decide.

✔️ Make devices more humane.

✔️ Improves efficiency

✔️ Effective real-time analysis

Advantages Of IoT

✔️ High Security

✔️ Let’s you stay Connected always

✔️ Smart use of energy consumption

✔️ Pocket application

✔️ Efficient management of the health care sector

✔️ Cost-effective Business operations

On which ways, IoT will affect the future?

1. SMART CITIES

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As technology evolves, cities will start adopting smart technologies naturally. Cities around the world are investing in “start city” initiatives to improve citizen services, traffic control, utility consumption and quality of life. Cities will start automating, collecting, and managing data remotely as taxis, bike rental stations and even surveillance systems will be interconnected. This will make it easier to track a person, but it will also offer more convenience and value for the user at the same time. We might even be able to eliminate gridlocks since cars will be interconnected and keep the right distance between one another.

2. SMART HOMES

image.png We are still ways away from having a Jarvis, however houses are becoming a lot smarter. A Mackenzie study reveals that an adoption of Internet of Things applications in homes for chore automation, energy management, safety and security alone can make an economic impact of over $200 billion by 2025. The Internet of Things will help trim the average costs by monitoring devices and whenever something feels off, you will be required to repair it. That will trim the average maintenance costs and time up to 20%, sometimes even more than that. The Internet of Things my sound a great opportunity and very attractive to the consumers due to its enormous benefits in terms of ease of use, quality of life, efficiencies, and cost savings. However, in the short -term consumers may be hesitant to adopt Internet of Things based applications until they feel secure and comfortable to share their data and privacy.

3. SMART MANUFACTURING

image.png A Mackenzie study reveals Internet of Things applications in factory settings has a potential to create up to $3.7 trillion by 2025, as a result of using sensors data to remotely track, monitor and adjust machinery at different parts of the plants or even across plants. The robots are already playing a critical role in the factory automation, predictive maintenance, and operations optimization. Also, Internet of Things applications would allow machines to interact with one another, making it very simple to fully automate an entire production line. People would focus more on tracking problems and designing, as the manufacturing process will eventually become fully automated. Home robots will become a thing soon, and they will have full connectivity thanks to the Internet of Things. We can expect these to be autonomous and to provide us with ways to save time while still completing menial tasks. At first these robots will focus on a single task, but they will surely evolve in the long run.

4. PRIVACY CONCERNS

image.png We will constantly pursue the idea of creating faster, better networks that support more IoT devices. Faster networks will help acquire and study data quickly, which means a much better user experience for any smart device. At the same time, the more devices are connected to each other and to the internet, the more personal privacy, confidentiality, and integrity of data concerns appear. Something like this means a lot of people will be worried that their personal data will be stolen or accessed by unlawful people. Most importantly, IoT concerns about cybersecurity introduces new risks associated with home security systems, personal data theft, disrupted health monitors, attack on power grids, etc., can create massive economic harm and threats to human health and safety. The consumers may not be able to adopt IoT systems unless they believe that their data is safe and secure form the cyber security breaches.

Artificial Intelligence vs Internet Of Things

Artificial Intelligence, in short, is the way we want the machines to get smarter in executing tasks. IoT, on the other hand, is connecting devices online/offline through web and facilitate switch on/off them virtually. Currently, these technologies have great scope and are revolutionizing the way technology benefits are delivered to you.

Even though AI and IoT are most correlated and similar in many aspects, a few major differences can be brought about considering the following aspects:

☑️ SCALABILITY -

AI - Less Scalable

IoT - Scalable being cloud based.

☑️ CLOUD COMPUTING

AI - Highly Strong – As it facilitates the machine to think, enact and learn from the human instances created.

IoT - Both are complimentary in efficiency while Cloud gives a pathway to manage data.

☑️ COST

AI - Price is mostly calculated based on each requirement.

IoT - Price is substantially lesser.

☑️ PROCURING THROUGHT THE DATA OBTAINED

AI - AI is all about data, it learns and rectifies its performance from errors encountered and evolve in a genuine way. It supports decision making.

IoT - In IoT it is mostly captured moments from sensors that bring in data and are stored inside and whenever required the data is pulled in.

 
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