Artificial Intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions), and self-correction. AI has become an essential part of the technology industry, providing the heavy lifting for many of the most challenging problems in computer science .”
AI systems work by ingesting large amounts of labeled training data, analyzing the data for correlations and patterns, and using these patterns to make predictions about future states. They typically learn how to perform tasks by processing massive amounts of data, looking for patterns to model in their own decision-making .
There are many examples of AI that we use in our everyday lives. Some of these include:
- Google Maps and Ride-Hailing Applications
- Face Detection and recognition
- Text Editors and Autocorrect
- Chatbots
- E-Payments
- Search and Recommendation algorithms
- Digital Assistant
- Social media
There are many benefits of AI. Some of these include:
- Reduction in human error
- Work with high accuracy
- Available 24×7
- Training and operation cost reduction
- Improve processes
- Helping in repetitive jobs
- Digital assistance
- Speed up decision-making
There are many applications of AI across various industries. Some of these include:
- Personalized Shopping
- Fraud Detection
- Healthcare
- Education
- Cybersecurity
- Agriculture
- Transportation