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</html>";s:4:"text";s:6512:"While it may not be so obvious to the end consumers, artificial intelligence has been applied in the retail sector as well. Explore articles and analysis related to artificial intelligence in entertainment, including coverage of tourism, gaming, movies, and more. Philosophy of AI: With the rise of computers, the process of doing manual work has been decreased to a great extent. That’s where AI applications come to play! A purpose that the industry players are using Artificial Intelligence technology to fulfill. Entertainment and Media AI Applications Overview. 675 North First Street, Suite 1240, San Jose, CA 95112, 2301 Blake Street, Suite 247, Denver, CO 80205, K-22A, Malviya Marg, C-Scheme, Jaipur, Rajasthan 302001, 6th Chopasni Road, Jodhpur, Rajasthan 342003. The rapid surge in digital consumption is forcing the media industry to relook their business models[i]. Enters AI in entertainment! Think no more! Chatbots in the media and entertainment industry deliver various values that help improve the entertainment experiences, enable companies to communicate with their audience at a greater scale, and offer hassle-free browsing. AI algorithms when deployed effectively can master the smoothest edits and the most advanced visual effects. Search by image and videos are some of the applications of such a trend. One of the biggest users of artificial intelligence is the online ad industry which uses AI to not only track user statistics but also serve us ads based on those statistics. The financial sector heavily relies on real-time reporting, accuracy, and processing of large volumes of quantitative data to make crucial decisions. New Capabilities Article Developer Velocity: How software excellence fuels business performance. The digital world today is not so easy to understand! Novel technologies such as AI and blockchain are on the verge of revolutionizing the entertainment industry with the new norms in the industry. Digital media is not just an additional distribution platform but has emerged as a core revenue generation engine. and incorporate the AI-based content improvements with dynamic ad insertions into their offerings to enhance the contextualization customer experience through trigger, context, intention, and insight enriching customer experience through AI. So, those were some amazing benefits of implementing AI in entertainment. They know that if they wish to sustain & grow, they have to keep the customers' needs at the forefront of any decision making. Maybe, that’s a good reason to implement an AI-based solution in your media business! The digital billboard replacement solutions maximize ad revenues from live sports events. AI will Automate the Entertainment Industry. As per the latest source, live streaming videos have taken up a considerable share of the media and entertainment industry and are predicted to account, for 82 percent of all internet traffic by 2022. . AI enables cars to do more than watch the road, it can help them keep an eye on the driver, as well. Alibaba Luban, a popular AI tool, is a perfect example of this AI use case that can fasten the marketing process and can produce nearly 8000 promotional banners in a second – an impossible task for humans. AI and machine learning will be a core part of all educational experiences. Take the search results, for instance. So, why should the entertainment industry leave behind? Finally, it is worth noting how entertainment companies have harnessed AI processes … The digital transformation has brought many changes to the entertainment industry. Patients can be assisted not only by medical staff but also by robots. Here are a few AI use cases in media and entertainment that are transforming the industry: 1. AI enhances personalized shopping experience. Undeniably, by using AI in the media and entertainment industry, we will have a fascinating future in all spheres for sure! Entertainment, dining and shopping on board. Today, there are enormous materials online on a particular topic, that it’s even hard to find reliable ones. In 2018, AI upended the entertainment sector with breakthroughs across gaming, films, music and arts. You can surf for hours on the net and could still not find the exact piece of information you want. Smart algorithms will be able to come up with … 14) Defined Crowd. AR and VR today has become an innovative aspect for many leading sectors of the market. By the end of 2018, 2.5-billion people are expected to have at least one social account. From the type of content that is created to how and by whom it is created and consumed – this shift has allowed innovative disruptors to join the party and compete with traditional outlets. There is a dire need for adding personalization and delivering value to meet the rising customer expectations and demand. AI is transforming the media and entertainment space and is increasingly playing a big role in improving efficiencies and contributing to growth therein. The United States remains the largest global internet advertising market, despite shrinking 3.4% from US$125.2bn in 2019 to US$121.0bn in 2020 as brands cut advertising spend amid the COVID-19 pandemic. Artificial intelligence. The 360° view of the live event is captured and enhanced using AI techniques to give viewers the feel of the “live” event. Given the rising customer expectations, and demand for personalized content in recent years, media ent… AI helps augment human abilities and support mental health. However, all such marketing and advertising campaigns require many human resources and consume a lot of time. As we are totally surrounded by machines and computer systems, this gave humans a general thought like “Can a machine think and behave as humans do? It can also be used to deliver the right content to viewers and identify which content drives earnings. The AI platform business started offering commercial solutions in April 2015 in the media and entertainment sector. Benefits of Leveraging Artificial Intelligence in the Media and Entertainment Sector. Retail/marketing and AI is a combination on a rapid growth curve in the AI sector. Israeli automotive computer vision startup eyeSight uses AI and deep learning to offer an absolute plethora of in-car automotive solutions. With advanced machine learning algorithms and deep learning networks, the smart AI tools first learn from the user’s choices and then suggest the most suitable kind of videos that they are interested in. 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