AI Transforms the Sports Industry

AI Transforms the Sports Industry

Introduction

The use of technology in the sports industry has progressed significantly. From player statistics to ticketing systems, Artificial intelligence (AI) has increased the game strategies and audience engagement rate. Technology use ensures accuracy, makes sports more enjoyable, and derives more experiences. Read on to understand how AI has transformed the sports industry.

AI has changed the whole gaming scene across diverse industries, and the sports industry has benefitted from the same.

Example of how AI has Transformed the Sports Industry

There are a huge number of coaches, athletes, and spectators who rely on technologists, scientists, and a host of equipment to manage the sports. Technology guarantees accuracy and makes sports much more enjoyable and derives more experiences. Let us look at the main industry-changing applications brought out by AI within sports.

1. Player Performance: This is the most critical part of any game, and with AI, even minute performance attributes are measured. From analyzing any impending injuries to enhancing a player’s performance, AI has its say. The arrival of sensors and wearable tech has made things a lot easier. By using the data from wearables, AI tech can identify any strain and tear levels, to avoid serious injuries and take timely medications to support full recovery.
2. Forecasting Match Outcomes: The betting industry is close to 76.75 billion and this industry is now heavily dependent on AI-based predictions. Earlier, the betting scenes were solely based on predictions and assumptions though being in possession of enormous amounts of data. AI can process data 125,000 times faster than a human neuron, which means that the processing of tons of data can happen in seconds.
3. Match Ticketing: Facial recognition-enabled AI systems can scan the faces of the spectators who have booked tickets to come and watch the matches. This action helps with bottlenecks at the entry gates and guarantees a more efficient entry process.
4. AI Referee: During the days when there weren’t many technological advancements, referees had a huge burden of making the right decision. One wrong decision could change the fate of a match. With AI technology, referees can now refer to decisions in real time. If it is a foul, or an off-side then the complete decision-making process is real-time insight-driven.

Challenges while Investing Artificial Intelligence in Sports

Though AI is important, it is faced with quite a few challenges as discussed:

• Data Leakages and Privacy: As AI is used to study athletes based on previous data, there is always a possibility of data being leaked to the opponents.
• Cybersecurity Concerns: Devices could be prone to criminal use or unauthorized access which may breach the integrity and confidentiality of information.
• Resilience: The ability to recover from shocks and difficulties may be difficult as AI devices do not have a crisis or disaster management.
• Third-party dependencies – Effective AI use needs updated data, which one has to depend on another person to update.

Conclusion

Artificial intelligence offers more profound insights into the game, its players, and coaches. We cannot underestimate the support that AI offers to sports. The future of the sports industry will see a huge change as AI technology evolves. However, the future of sports certainly lies with AI technology. It does not alter the outcomes but helps in making effective decisions.  AI now depends on the rise of Machin Learning (ML). All these examples are just the beginning, and Artificial Intelligence has a lot more to offer.