In the past 10 years, thanks to developments in neural networks and computing, the insight gained from Artificial intelligence has become significantly more useful and beneficial in understanding and predicting human behavior. Coupled with the increasing development of open source libraries, the commoditization of algorithms, and growing talent pool, the integration of AI has become more attainable for any business.
It has made a significant mark on our daily lives—we often use products and services knowingly and unknowingly that leverage AI in some way or the other. Market studies in various industries show year over year adoption rates increasing in the most recent years, with updates to projections reflecting the same.