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How Will AI Affect the Future of Online Gambling?
By Shane Addinall May 22, 2018 OpinionThe wonderful world of online casinos and online gambling is one that expands and changes every day. Will the rise of Artificial Intelligence affect the industry or not?If there's one thing that no one can deny, it's that the online casino industry is one that changes and grows at a rapid pace.
As new technologies evolve and are perfected, the online gambling industry is usually among the first to step up. Finding a way to make new technologies such as virtual reality and cryptocurrencies work for online gamblers is one of the beauties of the iGaming industry.
Around the world, software developers, designers, and engineers are ready to open their arms to new ways to play and win!
The latest addition to the long list of futuristic technology that is now a reality, is AI. Long gone are the days when robots and machines were simply seen in films or video games. You may soon have an AI personality seated next to you during your next game of virtual poker, so get ready!
What Is AI Exactly?
AI, or Artificial Intelligence, is simply explained as the computer programming that learns and develops to allow machines a certain level of awareness.
While the breakthroughs in this particular field of science have grown rapidly in recent years, the concept of AI has been around for many decades.
In fact, in the film and TV industry, AI has always been explored. From self-aware cars with KITT in the popular television series, Knight Rider, to Arnold Schwarzenegger as The Terminator. For many years, we've been regaled by the possibility of creating machines that think, feel, and learn like we do.
Unfortunately, most cases where AI is used to the furthest extent in films and TV shows, things never quite go according to plan. In fact, we often see the self-aware robots turning on human kind and that (understandably) makes people a little nervous.
Who Uses AI on a Regular Basis?
You may be wondering who makes use of AI in day-to-day life. The answer is: You. In fact we all make use of AI more frequently than we may ever imagine or have ever considered.
At its most basic form, AI is data. The high tech machines that are able to collect, sort, and create new outcomes with the data is receives, is at the heart of AI. Another term often attached to AI is 'Machine Learning'. This refers to the scientific methods used for building AI. The two go hand in hand in many instances.
In fact, there are a number of everyday situations that people such as you and I make use of AI without even knowing it.
✓ Google Maps - By using the location data shared by millions of users around the world, Google is able to transform that data into information that lets you know whether your usual route to work is backed up or not. As a simple form of AI, without the data provided, this would be impossible.
✓ Email Spam Filters - While early spam filters simply kept emails containing set keywords out of your inbox, that's no longer effective. Now, spam filters use a form of AI that allows them to collect data, learn, and adapt to keep yet another email scam far away from your important emails.
✓ Facebook - Always in the news for one reason or another, Facebook makes use of many fascinating forms of AI to run smoothly and efficiently. The most obvious form of AI is Facebook's ability to automatically recognise and tag of photos of you that have been uploaded. By learning from the data that's provided by previously tagged photos, Facebook's AI learns the details of your face and is able to spot it no matter who uploads a photo of you before you do!
✓ online casinos - Yes, you may soon be face to face with an AI personality at your favourite online casino. While the online casino industry is filled to the brim with top-rated tech, AI is one that could change the face of the game altogether...
How Does AI Affect Online Casinos?
As mentioned before, AI is all about collecting data. While online casinos have always collected data on how their players play, bet, lose, and deposit, AI is able to transform that data into something more.
In 2017, an AI system called Deep Stack out played a professional poker player at a game of Texas Hold'em based entirely on data is had at its command.
By using mathematical equations and formulas that the normal human brain can't generally do on the fly, the AI system was able to predict, and ultimately win, a game of poker.
Casino databases such as Sharkscope give AI systems the ability to track and explore many possibilities, but good can also be achieved. These systems are also able to possibly detect early signs of gambling addiction which could change the lives of at-risk players around the world.
Will having AI at your favourite online casino affect how often you win or lose? It's too soon to tell, but based on what developers have already been able to achieve with the data they collect everyday, it's safe to say that the future will definitely be an interesting one!
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