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5 Companies Using AI to Make an Impact

Recently, PwC revealed that 38% of all US jobs are under a high threat of completely being wiped out by 2030, while breakthroughs in AI potentially puts 30% of UK jobs at risk.

Although this situation calls for worry, AI technology has its upside.

In fact, the technology is revolutionizing the manner by which customers engage or deal with companies through making processes more streamlined, easier and faster than before.

Moreover, AI is beginning to affect society positively as a whole. The following are some of the top artificial intelligence companies making an impact:

1. Microsoft

Microsoft rose from just a startup to become one of the leading brands in the world. Having invested significantly in AI, the company is known for successful innovations in the field such as Seeing AI.

This application utilizes AI to assist visually impaired individuals. Seeing AI boasts an iPhone camera that helps to tell people the events that are taking place in their surroundings.

It also uses neural networks to spot objects, people and other people’s emotions through facial recognition.

Away from this app, Microsoft continues to leverage the power of AI to institute positive change in other fields like healthcare, agriculture and speech recognition.

2. No Isolation

Children suffering long-term or chronic illnesses are most likely unable to acquire vital education due to missing out on school.

In turn, this situation deprives them of important social interaction, which often causes high levels of loneliness and isolation.

No Isolation, a new startup, is striving to change the lives of such children thanks to its telepresence robot.

Principally, it allows a child to not only listen but also participate through controlling the system using an application while at home.

3. Babylon Health

Babylon Health, a startup UK-based digital healthcare company, is geared towards revolutionizing the diagnoses of routine illnesses by developing an AI doctor that substitutes a GP.

The application allows patients to not only text their symptoms but also receive medical advice from the AI. Additionally, Babylon Health advises the patient whether there is a need for medical care or not.

4. Darktrace

In 2016, cybercrime cost the world economy approximately $450 billion. As such, many companies such as Darktrace have emerged with the objective of identifying and preventing digital crime through AI technology.

Darktrace utilizes machine learning technology to track threats and assess network traffic.

5. Leka

Leka is a new robot that is motion-sensitive. It has been designed to aid children who have Down’s syndrome, autism spectrum disorder among other disabilities to develop emotional, cognitive and motor skills.

It also acts as an intermediary where autism affected children are unable to communicate and interact with other people.

Source Econsultancy

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KC Cheung
KC Cheung has over 18 years experience in the technology industry including media, payments, and software and has a keen interest in artificial intelligence, machine learning, deep learning, neural networks and its applications in business. Over the years he has worked with some of the leading technology companies, building and growing dynamic teams in a fast moving international environment.
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