“Everything we love about civilization is a product of intelligence, so amplifying our human intelligence with artificial intelligence has the potential of helping civilization flourish like never before – as long as we manage to keep the technology beneficial. “ – Max Tegmark, President of the Future of Life Institute.
From Alexa to self-driving cars, artificial intelligence (AI) is progressing at a faster rate. The rapid expansion of advanced technology such as AI is transforming the way we live, work and learn. From this article, learn what actually an AI is and why it is important in 2021.
What is AI?
What is artificial intelligence (AI)? We take the term for granted, but how might we phrase a formal definition? It is a branch of computer science, AI as an all-around concept was pulled from many areas of academic fields, from philosophy to physics. As research and technology in this area evolved, the definitions of AI shifted to a wide spectrum. It can be defined as the level of reasoning power, a property of some entity or agent that interacts with some form of environment.
Although AI is so difficult to define is because we still don’t have any set for forming a definition or a solid concept for intelligence in general. It is often dependent on context.
Why is artificial intelligence important?
1. Adds intelligence: It adds extra intelligence to products. Generally, it is not sold as an independent product, rather as a feature in products you may already use. For instance, Google Assistant and Siri were added as a feature to a new generation of android and iOS devices. This combined with large amounts of data to improve many technologies at home and workplace results in easing security intelligence and investment analysis.
2. Analyses more data: It uses neural networks that have many hidden layers and builds a fraud detection system with five hidden layers.
3. Adapts through progressive learning algorithms: This allows the data to do the programming. finds structure and regularities in data so that the algorithm acquires a skill. For instance, the algorithm can teach itself how to play chess, it can teach itself what product to recommend next online and also the models adapt when new data is provided.
4. Achieves incredible accuracy: The interactions with Alexa, Google Search, and Google Assistant are all based on deep learning. They keep getting more accurate the more we use them. In the medical field, AI techniques from deep learning, image classification, and object recognition can now be used to find cancer on MRIs with the same accuracy as highly trained radiologists.
5. Market Prediction: AI is being used in a number of traditional places like intuitive workflows and product recommendations and intern predicting the future market trends.
6. Cybersecurity: The AI system constantly analyses network packets and figures out what is normal traffic. It is aware of major patterns on the network. AI wins over traditional firewall rules and it works automatically without prior signature knowledge to find anomalies.
7. Efficient Energy Use and Costs: AI used to cut energy consumption and reduce energy costs for drilling, storage and petroleum refining operations. AI applications can be run now to predict future energy loads at different levels.
8. Advancing to Customer-Centric: AI used to better analyze customer reactions to surveys and over time which enables to understand whether or not there are specific qualities that correlate to the response rate.
9. Transportation: Smart cars using AI intelligence have already made their way to the markets. Self-driving cars are certified utmost safe to drive. Connected cars are the future of the automobile industry right now.
10. Education: AI benefits the education sector with features such as personalized learning, additional educational support and assessment and student engagement. It assists in monitoring the students’ capability and enhancing the learning process as per the student’s requirements. AI focuses on individual monitoring which allows students to understand the topic at their own pace.
Conclusion
Artificial intelligence improves goods and services and increases efficiency by making the automation of many tasks. It has a larger impact on the economy as a method of the invention that can change the way people think and work.
Such a fascinating read, I definitely learned something new from this.