Human intelligence was the main thing behind every successful industry like business, economy, politics, marketing, etc. there are a large number of people, their brains, ideas, concepts, and thoughts are behind every successful area. Human brains are so creative, productive as well as diplomatic. The changes in society can be easily understandable to them, so they change their thoughts accordingly to match with society. They would get to know the changing trends in the market. But with the arrival of Artificial Intelligence put an end to the efforts that had been taking by the workers behind the industry. Artificial Intelligence is a new venture which replaces human intelligence with the help of machines.
Artificial Intelligence plays a vital role in the business field across the entire globe. It would help the companies to optimize their process and reap higher energy and profit. The energy sector is also taking the advantages of Artificial Intelligence, Robotics, and Machine Learning. Artificial Intelligence applies to sub-sectors of energy. AI would help to improve the deep-sea exploration of hydrocarbons, estimate rock density, formation, and porosity, fluid resistance, etc.
Robots are used in this field to improve safety and reduce the costs on the offshore platform. This is used to monitor, to ensure the supply meets demand. And it would possess an advantage of regulating greenhouse gas emission due to thermal power plants. In the field of renewable sources like solar and wind power, it is used to predict the weather.
With the introduction of automation and Artificial Intelligence in mining, the job-related risks fell. As per the report of PwC Artificial Intelligence has helped the operations in the mining area to get real-time alerts for detecting intrusions and identifying abandoned objects. Royal Dutch Shell in partnership Udacity is digitally training its workers in Artificial Intelligence. There are several companies like Microsoft, Chevron, Schlumberger, Yandex, Tata Consultancy Services, Hindustan Premium Corporation Lmt. Etc are effectively using analytics and Artificial Intelligence to improve their business most conveniently. But the biggest threat is that with the introduction of AI, workers are losing jobs.
