There are even smart bulbs that have the ability to be turned off or on during certain times of the day. Appliance Safety and Automation Smart appliances are a great way to reduce how much time you spend in the kitchen. While these new features are a great time saver, they can also help make your kitchen safer. AI is set to be the next phase of innovation which places humanity on the cusp of a true revival. How Smart Tech is Changing The World Smart technology and innovation have changed the way people work, communicate and the basic fundamentals of how we live. Smart technology is defined as self-monitoring, analysis, and reporting technology. Customizable Settings No two homes operate in the same way which is one reason one size fits all solutions are not very effective. The advantage of smart home technology is that users are able to customize their devices and settings to meet their specific needs. You can set your thermostat to adjust its settings according to the time of day or even the number of people in the home. The History of AI The term artificial intelligence was created in 1956, but machines that were able to learn human behaviors were created before then. Most AIs that were created in the 50s focused on problem-solving and performing mathematical computations. In the 60s, the government created AIs that would begin rudimentary human reasoning. The same tools have been used to accurately predict the weather which helps cut down on energy costs. IBM alone has reported a 30% increase in prediction accuracy thanks in part to their A.I. Using A.I. to Track Historical Trends It's also better at finding patterns in data that humans can't because it has access to all the information needed for analysis: historical trends and statistics along with real-time data streams from devices around us that collect information about our behavior; plus machine learning algorithms that learn how people interact with each other based on their past interactions. The credit score is one of the most important factors in getting a loan. It s used by banks and lending institutions to determine the likelihood of you paying back what you borrow (and how much interest they should charge). As a result, it is impossible to "opt-out" of having a credit score in this day and age.