Artificial Intelligence: The Future of Crypto Trading
Artificial Intelligence is a new emerging technology of the future. Crypto trading on the other hand is going to be the face of financial markets soon. Combination of AI in the field of crypto trading has brought in drastic change in this field.
AI will be an advantageous technology in the field of trading as it will help in reducing the risk through a proper study using data. Empirical data are been utilized all over we can rely on the pros that can be claimed through AI in the field of crypto trading.
The US AI market has been segmented based on offering, technology and end-user.
- Based on the offering market is categorized into hardware, software, and services.
- Technology is segmented into Machine Learning, Natural Language Processing (NLP), Deep Learning, Machine Vision, ASI & AGI.
- The end-user is categorized into Healthcare, BFSI, Retail, Manufacturing, Automotive & Transportation, Agriculture, Manufacturing, Media & Entertainment, and Others.
According to the research being conducted about the future of AI, the market is estimated to grow to a whopping $190 billion worth of industry by 2025. Considering how much the market is expected to grow, Blockchain and AI convergence are inevitable.
Artificial Intelligence is not a new term, it has been making rounds for a decade now. It very much comprises of every new technology that has near-human intelligence to carry out a task. AI models are used to assess, understand, classify, and predict using relevant data sets. Machine learning then cleanses the data as it gathers insights creating better useful data sets for use.
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Poorna Stefan
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