The use of AI and Ml in different sector are GIVEN BELOW. The use of AI ML in differnt sector like cyber security , Languge processing , Banking , Insurance will be disscussed below.
1)Cyber security
The application of AI, ML in cyber security are as follows:
- Fraud phishing and spam detection
- Enhanced web cam system
- Automatic vulnerability assessment
- Automatic malware detection and curing
2) Language processing
The application of AI, ML in Natural Language processing are as follows:
- Morphological analysis
- Synaptic analysis
- Sematic analysis
- Discourse analysis
- Pragmatic analysis
3)Banking
The application of AI, ML in banking industry are as follows:
- AI – powered chatbot
- Mobile device verifician and alert system if anything extra detected like NPCI (BHIM UPI)
- Data collection and their security
- Loan automation using analysis of the expenditure behavior and the earning habit
- Data and system security
4)Insurance
The application of AI ,ML in insurance industry are as follows :
- To automate the claim processing
- Fraud detection by agents
- Self-servicing by policy management
- Automated inspection
- Analysis of the expenditure and behavior of the user .
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