Artificial intelligence (AI) is a branch of computer science that aims to help machines solve complex problems like humans by borrowing characteristics from human intelligence. AI has many applications in business including credit screening, risk assessment, forecasting, portfolio management, customer analytics, and human resources. The future of AI could include intelligent personal robots and autonomous vehicles networked together. While AI may replace some human jobs, it will likely produce more applications and augment human capabilities rather than replace humans altogether.

1. Artificial Intelligence In BusinessPresented By:-

2. Ajay Kumar KabirSandhu

3. SimmiBalujaSavisca SinghWhat is Artificial Intelligence?Artificial intelligence is a branch of science which deals with helping machines find solutions to complex problems in a more human-like fashion.

4. This generally involves borrowing characteristics from human intelligence, and applying them as algorithms in a computer friendly way. Cont/…AI is generally associated with Computer Science, but it has many important links with other fields such as:- Mathematics

5. Psychology

6. Cognition

7. Biology

8. PhilosophyWhy Artificial Intelligence?Computersare fundamentally well suited to perform mechanical computations, using fixed programmed rules efficiently and reliably.

9. computers have trouble understanding specific situations, and adapting to new situations.

10. Artificial Intelligence aims to improve machine behavior in tackling such complex tasks.Why Artificial Intelligence?Humanshave an interesting approach to problem-solving, based on abstract thought, high-level deliberative reasoning and pattern recognition.

11. Artificial Intelligence can help us understand this process by recreating it, then potentially enabling us to enhance it beyond our current capabilities.A BRIEF HISTORY OF ARTIFICIALINTELLIGENCEAncient History

12. 5th century B.C.

13. 13th century

14. 15th century

15. 15th-16th century

16. 16th century

17. 17th century

18. 18th century

19. 19th centuryCont/…20th century

20. MODERN HISTORY:- “John McCarthy” coined the term "Artificial Intelligence" as the topic of the Dartmouth Conference, the first conference devoted to the subject.Types Of AI

21. What are the branches of AI?Logical AI:-What a program knows about the world in general the facts of the specific situation in which It must act, and its goals are all represented by sentences of some mathematical logical language

22. Search:-AI programs often examine large numbers of possibilities, e.g. moves in a Chess Game or inferences by a Theorem proving program. Cont/…Pattern Recognition:- When a program makes observations of some kind, it is often programmed to compare what it sees with a pattern.

23. Genetic Programming:- It is a technique for getting programs to solve a task by mating random Lisp programs and selecting fittest in millions of generations. Cont/…Inference:-From some facts, others can be inferred.

24. Common Sense Knowledge And Reasoning

25. Learning From Experience

26. Planning

27. Epistemology:-This is a study of the kinds of knowledge that are required for solving problems in the world.

28. Ontology:-Ontology is the study of the kinds of things that exist. Applications of AIcomputer visionGame Playing

29. Speech

30. Recognition

31. Understanding Natural Language

32. Computer Vision

33. Expert Systems

34. Heuristic ClassificationArtificial Intelligence in Financial servicesCredit Authorization screening

35. Mortgage risk assessment

36. Project management and bidding strategy

37. Financial and economic forecasting

38. Risk rating of exchange-traded, fixed income investments

39. Detection of regularities in security price movements

40. Prediction of default and bankruptcy

41. Security/and or Asset Portfolio ManagementArtificial Intelligence in MarketingAdvances in artificial intelligence (AI) eventually could turbo-boost customer analytics to give companies speedier insights into individual buying patterns and a host of other consumer habits.

42. The technology is used mostly to analyze data for Genetics, Pharmaceutical and Other Scientific Research.

43. High-tech data mining can give companies a precise view of how particular segments of the customer base react to a product or service.Artificial Intelligence In HR The Artificial Intelligence (AT) field can play a role in assuring that the fuzzy Neural Network has the characteristics and functions of Training,Learning.

44. It has simulation to make an Optimal And Accurate Judgment according to the human thinking model. The Future Of Artificial Intelligencefamily robots may be permanently connected to wireless family intranets, sharing information with those who you want to know where you are.

45. Crime may get difficult if all family homes are full of half-aware, loyal family machines.

46. A mixture of horse intelligence in car technology.

47. If cars were all (wireless) networked, and humans stopped driving Conclusion we shouldn't expect that the human race will become extinct and be replaced by robots.

48. We can expect that classical AI will go on producing more and more sophisticated applications in restricted domains - Expert Systems, Chess Programs, Internet Agents THANK YOU!