AI The New Player in Technology Summary

Artificial intelligence means stimulating human intelligence in machines by programming them to think and act like humans. It also refers to machines that can perform actions like a human brain like problem-solving. It should be able to rationalize and perform actions to achieve a specific goal. It includes machine learning, whereby computer programs automatically learn and adapt to changing data without human intervention. Deep learning enables these machines to automatically learn by absorbing data like images, text, and videos.
Types of Artificial Intelligence
Artificial intelligence is divided into weak and strong intelligence. Systems with weak intelligence are capable of performing only one task at a time. Personal assistants like Alexa and Siri fall under this category.
Systems with strong are complex, complicated, and can carry out tasks like humans. They are programmed in a manner to handle situations without any human interference.
Artificial Intelligence Applications
Artificial intelligence has applications across sectors and industries. Tests are conducted with AI in the healthcare sector, where they are tasked with dosing patients with drugs and conducting surgeries in the operation theatre. Self-driving cars are becoming a massive hit in recent times. Driven by AI, these cars have to decide on their actions as the results depend on their actions. The computer systems of these self-driving cars have to consider the external data and act accordingly to avoid a collision.
Another industry where artificial intelligence is present is the banking and financial industry. It is used to help the banks’ fraud detection departments by flagging suspicious activities like unusual debit card transactions and large deposits. It makes it easier to estimate the demand and supply of securities, which helps make trading easy.
Speech recognition is the capability to process human speech into a written format using Natural Learning Process. It is incorporated as the voice input feature in numerous mobile devices. Online chatbots are replacing human correspondents in the customer care industry by letting users choose the problem they are facing for the chatbot to understand, then it provides answers based on its understanding of the user’s problems. Computer vision is an AI technology where computers can derive information from images, text among others, and act based on this information. With convolutional neural networks it is used in photo tagging, radiology imaging, and many other industries.
AI algorithms can discover data trends that can be used in cross-selling strategies using past consumer behavior data patterns. Add-ons at the end of the checkout process also rely on AI algorithms.
Why study Artificial Intelligence?
Studying AI prepares one to become a software engineer interested in the research of neural networks, quantum artificial intelligence, and human-machine interfaces. People can also work as software engineers for companies by creating recommendation lists for shopping and processing vast data sets. An education in AI opens up the opportunity to become a hardware engineer who develops robots for home assistance or electronic parking assistants. AI as a field did not exist ten years ago and is continuously growing even today. AI is admitted to have the capability to solve many of the world’s current and upcoming problems. It is a constantly evolving field with job prospects available, now possibly becoming commonplace in the future.
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