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
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.