The rise of Artificial Intelligence can often seem like something out of a SciFi movie, but it is coming a lot sooner than most people might think. As a matter of fact, many people say that AI is bound to overtake the realm of software and be the go-to when it comes to all manner of programs moving forward.

For many companies — especially startups in the industry — Artificial Intelligence is one of the clearest pathways into a more efficient and productive business. As the world continues to slip comfortably into the digital space for most processes, companies continue to make the best of the situation with AI at the top of the list. Here are just a few things current AI offers the business sector.

It provides an unprecedented level of accurate transcription

For example, in the world of law, transcription is of vital importance, as the slightest typo could have disastrous consequences. It is the reason why trained professionals lead the charge in an attempt to keep things as accurate as possible. Fortunately, with the rise of Artificial Intelligence comes a much easier path to voice transcription than ever before.

Instead of having to worry about typos, Artificial Intelligence is growing to the point where transcription accuracy problems will no longer be so prevalent in matters of court and law. The same thing goes for educational centers in need of proper transcription.

Artificial Intelligence’s prevalence in marketing

The use of AI as a means of boosting a digital marketing campaign stems from the fact that the most popular search algorithm — Google — makes use of AI to help rank and index websites. To help keep in touch with the latest trends in Google’s algorithm, it is crucial to use AI as a tool in digital marketing. For example, powerful AI tools can figure out how many keywords are necessary for various adverts, as well as the word count and relevant keywords in articles and blogs.

There are few things that capable AI cannot do, and as it continues to evolve, so too will the world of digital marketing. With digital marketing being the way of the world as far as the current year goes (mostly due to the pandemic), it is no wonder why people are looking into AI methods for Internet marketing.

The potential for cryptocurrency

One of the oddest breakthroughs when it comes to the world AI is the potential of mining cryptocurrency such as bitcoin. There are plenty of computers tasked with solving complicated equations to mine various types of cryptocurrency, and Artificial Intelligence is set to make more waves as time goes on. It might seem like a strange notion as cryptocurrency is fully decentralized, but AI could put bitcoin mining on the map.

The impact of Artificial Intelligence on various business sectors cannot be understated. Without a doubt, AI will only continue to grow, allowing multiple industries to remain afloat despite the many challenges that come with the COVID-19 crisis. It is only a matter of time before AI overcomes software entirely.