1. INTRODUCTION TO AI &
BUSINESS ANALYTICS
FOUNDATION COURSE ON AI
- MOHIT GAUR
2. HOW DO WE DEFINE INTELLIGENCE ?
• Human beings have innate intelligence, defined as the intelligence that
governs every activity in our body.
• This intelligence is what causes an oak tree to grow out of a little seed, and an
elephant to form from a single-celled organism.
3. INTRODUCING AI
• Something that mimics human intelligence
• Anything that makes machines act more intelligently
• AI is the application of computing to solve problems in an intelligent way using
algorithms
• AI as a tool that uses computer to complete a task automatically with very little to no
human intervention
• AI is a set of technologies that allows us to extract knowledge from data
• Think of AI as more of augmented intelligence rather artificial intelligence
4. INTRODUCING AI
• AI should not attempt to replace human experts, but rather extend human
capabilities and accomplish tasks that neither humans nor machines could do
on their own.
• The internet has given us access to more information, faster.
• Distributed computing and IoT have led to massive amounts of data, and
social networking has encouraged most of that data to be unstructured.
5.
6. INTRODUCING AI
With AI , we are : -
• putting information that SMEs need at their fingertips,
• backing it with evidence for informed decision making
• AI scales capabilities and let the machines do the time-consuming work
Providing machines the ability to examine examples and create machine
learning models based on the inputs and desired outputs
Video – What is AI
14. WHY IS AI CRITICAL FOR ORGANIZATIONS?
AI is becoming as fundamental as electricity, the internet, and mobile as they
were born into the mainstream. Not having an AI strategy in 2019 will be
like not having a mobile strategy in 2010, or an Internet strategy in 2000.
Video : Impact & Examples of AI
15. GROUP ACTIVITY
• In a Group of 2 or 3; identify how a particular industry is leveraging AI
• You should also try and classify whether it’s a weak or strong AI
• Each Group will get 3 minutes to present
• This will be a part of ongoing evaluation as internals
• Video – 4 & 5, Case Study Videos (in next class)