Artificial intelligence (AI) is a far- reaching branch of computer science involved with building smart machines capable of performing jobs that consistently demand human intelligence.
Siri, Alexa and other smart assistants, Self-driving cars, Robo-advisors Conversational bots, Email spam filters, Netflix's recommendations are some of the examples of AI.
There seems little common understanding concerning the differences and similarities of human brains and artificial intelligence as AI is the one of the most controversial subjects of today. Intelligence alertness in humans should be addressed more actively to obtain a well functioning Human AI system.
AI can drastically improve the efficiencies and capabilities of workplaces and enhance the work humans can do. But humans should prepare to defend themselves before developing dangerous AI technologies.
- They should give machines too much power over them.
- Humans should stop being lazy and start doing tasks by themselves rather than depending upon the machines and technologies all the time
- AI is influencing the future of almost every industry and human, virtually, hence the usage should be limited.
For emerging technologies like big data, robotics and IoT, AI has acted as the main driver. It will be a technological innovator for the near future.
AI is of 4 types:
- Reactive machines
- Limited memories
- Self awareness
- Theory of mind.
Based on these four sets the whole AI system is set up. Where in the beginning huge robots took place with AI emerging. At present microrobots and pint size robots are taking a toll.
AI augments the speed, preciseness and effectiveness of work done by humans. In the finance sector, AI techniques are being used to detect fraudulent data, data accuracy, and automate manually intense data management tasks.
There have been imaginary buzzwords like cyberspace, telepathy, parallel universe etc. but what is more real is AI. AI machines can exhibit the same level of intelligence as humans, which is attracting the whole world's attention and hence AI is ruling the tech world. Due to technologies like machines and algorithms, 133 million new jobs are expected to be created by 2022 compared to 75 million that will be displaced (According to the World Economic Forum forecasts).
According to the reports published in Tractica, AI revenue could grow from $643.7 million in 2016 to $36.8 billion by 2025.
While some entry-level jobs or tasks, like sorting through resumes, may give way to technology, I believe the need for people who understand data and those who can analyze them to make smarter decisions will only increase with this shift. In the near future, I predict that AI will make way for technologies that blend the processing power of machines with human, social, and emotional intelligence to augment our capabilities in new and exciting ways.
Why are businesses becoming experts in AI?
Businesses bloom by using AI applications to curtail risks, reduce costs, and advance production. There is a complete absence of emotions in AI which not only allows machines to think logically but could also enhance the chance of achieving accuracy with greater precision and reduced risks. Massive disruption of resources with robotic science in categories like mining, medicines , digital assistance and even public utilities can aid companies overcome limitations.
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