ARTIFICIAL INTELLIGENCE: What is Artificial Intelligence? Download PDF

  • AI might just be the single largest technology revolution of our life times, with the potential to disrupt almost all aspects of human existence.
  • Andrew Ng, the co-founder of Coursera and formerly head of Baidu AI Group / Google Brain, compares the transformational impact of AI to that of electricity 100 years back.
  • With many industries aggressively investing in cognitive and AI solutions, global investments are forecast to achieve a compound annual growth rate (CAGR) of 50.1% to reach USD57.6 billion in 2021.

 Definition:

  • AI is a constellation of technologies that enable machines to act with higher levels of intelligence and emulate the human capabilities of sense, comprehend and act.
  • Thus, computer vision and audio processing can actively perceive the world around them by acquiring and processing images, sound and speech. The natural language processing and inference engines can enable AI systems to analyse and understand the information collected.
  • An AI system can also take action through technologies such as expert systems and inference engines or undertake actions in the physical world. These human capabilities are augmented by the ability to learn from experience and keep adapting over time.
  • AI systems are finding ever-wider application to supplement these capabilities across enterprises as they grow in sophistication.
  • Irrespective of the type of AI being used, however, every application begins with large amounts of training data. In the past, this kind of performance was driven by rules-based data analytics programs, statistical regressions, and early “expert systems.” But the explosion of powerful deep neural networks now gives AI something a mere program doesn’t have: the ability to do the unexpected.

How and why did it rise?

  • Due to the rapid growth of machines and deep learning algorithm
  • Big data availability
  • improved the efficiency of computers or processors, etc.

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