What is AI exactly?
September 21, 2018
September 21, 2018
What is AI?
Capable of meaning different things to different people in different contexts, the concept can be hard to define. That’s because it isn’t really a technology in its own right at all. It’s a collection of different technologies that can be brought together to enable a machine to act with intelligence. So, rather than focusing too much on dictionary definitions, it helps to think about AI in terms of what it enables a machine or a system to do.
Machine learning is at the core of what makes a system intelligent. Being able to decide how to act by analyzing data, rather than through hard coding, differentiates AI from other forms of automation.
Machine Learning is a type of artificial intelligence that enables systems to learn patterns from data and subsequently improve from experience. See more.
View TranscriptThere are four capabilities in particular:
We’re seeing the fruits of this technology already. So whether it’s an algorithm learning to play the highly complex board game Go better than a human, or computer vision able to understand visual inputs with extraordinary accuracy, or predictive models able to forecast the future like never before, machine learning and deep learning are at the heart of countless AI breakthroughs.
Deep learning is a machine learning methodology where a system discovers the patterns in data by automatically learning a hierarchical layer of features. See more.
View TranscriptStat: Sixty percent of all trades on Wall Street are executed by AI with little or no real-time oversight from humans. For businesses, AI is just one of a suite of tools able to augment employees’ expertise and assist them with the routine, repetitive, often boring parts of their jobs. By providing new insights as part of an advanced analytics solution, or by helping automate monotonous tasks through cognitive robotic process automation (RPA), AI is making day-to-day work more productive, more effective, and more interesting.
Stat: One RPA invoice processing project for a large manufacturing client includes....
Sixty percent of all trades on
Wall Street are executed by AI with little or no real-time oversight from humans.