When considered together with IoT, many creative use cases make life easier.

There is a wide range of applications for AI in business. For example, retailers can use AI-powered tools to analyze customer purchase data and identify which products are most popular by running ads and gathering purchaser information. This can help inform inventory and marketing decisions. Banks, governments, financial institutions and more are already using AI to reduce the risk of individuals getting money stolen and to reduce fraud. Even big companies are using these kinds of AI strategies to help better manage their large-scale businesses.

AI can also be used to improve customer experiences and business dealings. For example, chatbots can act as customer support to answer basic questions before an operator can help and to provide assistance in a personalized and efficient manner.