ISSN: 2265-6294

Role of Artificial Intelligence (Ai) & Collaborating Robots under Industry4.0 in the Engineering Technology Sector

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Shailendra Shukla,Dr. H. J. Bhasin

Abstract

The term "artificial intelligence" (AI) refers to a set of capabilities that can be implemented in various settings, including businesses, educational institutions, and government agencies. In healthcare, artificial intelligence is being used for disease diagnosis, the creation of individualised treatment programs, the monitoring of patients’ health, and even the forecasting of disease outbreaks. In the field of finance, artificial intelligence is used to identify fraudulent activity, manage risks, and automate activities like as loan applications and trading. AI is utilised in retail to improve the overall customer experience, evaluate and better manage consumer behavior, and optimize supply chain operations. Using AI is crucial to streamline industrial processes, decrease waste, and increase quality control. The application of AI in the transportation sector includes the creation of autonomous cars, the optimization of routes, and the reduction of congestion.

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