Difference Between IoT and AI: Which is Better?
Updated on Dec 30, 2024 | 9 min read | 5.0k views
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Updated on Dec 30, 2024 | 9 min read | 5.0k views
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As the tech space rapidly evolves, new trends and machines that assist humans are being developed. The size of the global industrial AI automation market is projected to grow to USD 441.7 billion. Many industries and domains are switching to AI automation to enhance work performance and results in several folds. As a result, employers look for candidates with the best AI certification to run automation and write algorithms.
Another technology, the Internet of Things, has been widely used. Not only individually but in conjunction with AI as one of the primary data sources used to train AI automation systems. Both IoT and AI have grabbed the eyeballs and are buzzing about in the tech space.
Though both the terms are synonymously used, they are clearly distinct. Artificial intelligence (AI) focuses on giving computers an intelligence feature to make them as clever and intelligent as people. And the Internet of Things (IoT) aims to unite all electronic gadgets into a single, interconnected network.
Read on for better clarity on how AI and IoT work, how they differ, and their vitality in today’s world.
By definition, IoT is a collection of physical objects integrated with software, sensors, and other devices for communicating and sharing data with different systems and devices over the internet. All linked devices can transmit information through built-in intelligent technology, facilitating the creation of wearable technology, smart cities, and smart homes, among many other uses for intelligent gadgets.
On the other hand, The concept behind artificial intelligence (AI), a cutting-edge branch of computer science, is to build intelligent, perceptive computers that can act and respond much like people. AI aims to emulate human intelligence and behavior in machines so that they behave more empathetically. Businesses process enormous amounts of data and provide real-time results by utilizing AI.
Before diving into the details, let’s start by skimming through a few differences in how the technologies work.
Parameters | Artificial Intelligence | Internet of Things |
---|---|---|
Definition | Artificial Intelligence (AI) emulates human intelligence in machines that are made to think and behave like people, such as comprehension, learning, and problem-solving. | IoT is when, through the internet, a communication medium, the interacting devices in this ecosystem communicate data where codes are used to direct these devices to work during a specific occurrence. |
Purpose | IoT functions like an infrastructure enabling global connectivity and communication with objects. | AI aims to imitate human intelligence and conduct in machines so that they behave more compassionately. |
Dependability | Generates a vast amount of data, much of which needs to be captured and some of which loses value in milliseconds. | AI tools and systems can generate the same data with the least human involvement and lower dependence. |
Scalability | It has more scalability than AI. | It has less scalability but can be implemented on IoT devices to increase scalability. |
Costs | IoT costs relatively less but requires interconnected hardware components, such as controllers, LED displays, sensors, etc. | AI costs more as it requires massive computations, and highly configurable system architectures are needed. |
Success rates | Has higher success rates (42%) | Has relatively lower success rates (25%) |
Data Requirement | Data is the basis of AI. | Unlike AI, the Internet of Things is the collection of moments from sensors, which collect, store, and retrieve data upon demand. |
Now that you are brushed on how AI and IoT are different from each other, let's have a closer look.
Though AI can be implemented alongside IoT, the purposes of both systems are distinct.
Dependability relates to human intervention, and IoT and AI have distinct dependability rates.
Regarding scalability, IoT takes the front seat for many reasons.
The cost of AI systems lies on the higher end than that of IoT as it involves multiple, high configuration requirements to function.
Artificial intelligence projects often have a lower success rate than the Internet of Things.
Data is the basis of AI, while IoT requires hardware systems, sensors, and minimum data to function. If you want to dive into the details of data requirements and management under each system, you can take up the best Data Science courses.
There’s no one answer to “IoT vs AI, which is better.” AI and IoT both have significant and promising prospects. Both individually and as a group.
Companies often use IoT because of its capability to accumulate real-time information when the primary goal is to collect real-time data from multiple devices or environments. Moreover, IoT is a preferred tool where continuous, remote monitoring of physical assets is required.
On the other hand, when companies already have enough data sources and want to jump into extracting insights and making predictions, they often benefit more from utilizing AI than IoT. AI can analyze historical data and generate actionable insights without additional IoT sensors.
Thus, the choice between IoT and AI solely depends on what kind of problem you want to solve. Whether it concerns data generation and interpretation or human errors and low productivity.
However, nowadays, AIoT is the talk of the town. AIoT, short for Artificial Intelligence of Things, is a transformative concept that combines two. AIoT leverages the capabilities of AI to enhance the functionality and intelligence of IoT devices and networks. It allows these devices to gather, analyze, and act upon data in a more advanced and autonomous manner.
Artificial Intelligence and the Internet of Things are two separate but complementary ideas. AI systems can analyze, learn from, and automate tasks using data from IoT devices. They are concerned with analysis, interpretation, and decision-making, whereas IoT is more concerned with connectivity and automation.
There are several distinctions and parallels between how IoT and AI operate. However, both have a significant impact, provided their potential is correctly utilized in the business process. Both the technologies come with their pros and cons. To understand the details of these systems and enhance your knowledge of automation, you can take up the upGrad AI Free Online Course with Certification. It will help you understand the technologies better and equip you as an expert.
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