3. WHAT IS A.I.?
The study of computer system that
attempt to model and apply the
intelligence of the human mind.
A branch of computer science that
dealing with the stimulation of
intelligeny behaviour in computers.
4. Artificial Intelligence is not a new word and not a new technology for
researchers. This technology is much older than you would imagine. Even
there are the myths of Mechanical men in Ancient Greek and Egyptian Myths.
Following are some milestones in the history of AI which defines the journey
from the AI generation to till date development.
The birth of Artificial Intelligence (1952-1956)
Year 1955: An Allen Newell and Herbert A. Simon created the "first
artificial intelligence program"Which was named as "Logic Theorist". This
program had proved 38 of 52 Mathematics theorems, and find new and
more elegant proofs for some theorems.
Year 1956: The word "Artificial Intelligence" first adopted by American
Computer scientist John McCarthy at the Dartmouth Conference. For the
first time, AI coined as an academic field.
Early History
5. Automated customer support for online stores
Personalized shopping experience including recommendations
Forecasts and predictions for financial services
AI curation and recommendations
Face detection and security system
Antivirus threat detection
More effective warehouse management systems
Current status of A.I.
7. FUTURE OF A.I.
Speed of life. The most obvious change that many
people will feel across society is an increase in
the tempo of engagements with large
institutions. Any organization that engages
regularly with large numbers of users --
businesses, government units, nonprofits -- will
be compelled to implement AI in the decision-
making processes and in their public- and
consumer-facing activities. AI will allow these
organizations to make most of the decisions
much more quickly. As a result, we will all feel
life speeding up.
8. End of privacy. Society will also see its ethical commitments
tested by powerful AI systems, especially privacy. AI systems
will likely become much more knowledgeable about each of us
than we are about ourselves.
Thicket of AI law. We can also expect the regulatory
environment to become much trickier for organizations using
AI.
Human-AI teaming. Much of society will expect businesses and
government to use AI as an augmentation of human intelligence
and expertise, or as a partner, to one or more humans working
toward a goal, as opposed to using it to displace human
workers.
9. PROS & CONS
Eliminates human error
and risk
24/7 availability
Unbiased decision making
Repetitive jobs
Cost reduction
Costly implementation
Lack of emotion and
creativity
Degradation
No improvement with
experience
Reduced jobs for humans
10. CONCLUSION
Artificial intelligence has the potential to transform all organizations. The process
by which this transformation happens can vary, but the steps will tend to follow the
roadmap we have listed in this book. Following all the steps outlined in the previous
chapters will enable your organization to implement and excel in the use of AI
technology. AI holds the key to unlocking a magnificent future where, driven by data
and computers that understand our world, we will all make more informed
decisions. These computers of the future will understand not just how to turn on the
switches but why the switches need to be turned on. Even further, they may one day
ask us if we need switches at all.