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ARTIFICIAL INTELLIGENCE (AI)IN BUSINESS WORLD l BEST IN 2021


 AI IN REAL BUSINESS WORLDArtificial intelligence

 

AI stands for Artificial Intelligence.

Artificial intelligence is the simulation of human intelligence processes by a computer system.

  • How AI IS USED IN REAL BUSINESSES

Artificial intelligence(AI) approaches and concept less than a decade. AI is the branch of computer science that aims to answer turnings question affirmative. It is the endeavor to simulate human intelligence in machines.

When people think AI, they often think big such as curing cancer or solving climatic change  everybody is dreaming up the biggest problem possible and attempting to solve them with AI. JUST 20% of surveyed executives use AI related technologies in their business.

With the right business case and the right data, AI can deliver powerful time & cost savings as well as valuable insights you can use to improve your business.

 

Each business problem will ask for a specific method with artificial intelligence with easy and deep learning techniques headlining today’s news & commercial applications being powered by ever more complex models.

An organization may be tempted to try to solve their cases with state-of-the-art AI models.

However, whether you should use such complex method are likely to benefit more from simpler approaches depends on a variety of factor.

 

The expansive goal of artificial intelligence has given rise to many question and debate, so much so, that no singular definition of the field is universally accepted…

 

  • AIIs AI Really intelligent ?

Even though the above-mentioned capabilities are mind-blowing and specially a hundred times better than humans. Human could perform on these task, not  many people would call the algorithms actually intelligent.

 WHERE IS AI USED:

AI, let’s take an example, it can easily handle many customer requests: it can divert customer calls not just to available workers but to those best suitable to handle te specific needs . Many retailers are using AI for intelligent stored design, they also optimize product selection and in store activities monitoring.

  • AI in Education !

AI in education is more than science fiction .one study found that 34hours on Duolingo’s app are equivalent to a full university semester of language education  as with many other AI domains  China has already leapt to the font of the pack in advancing AI -centered education.

 

REMARK: china is investing heavily in AI for education.

AI adoption in education will explode to reach global expenditure of $6B by 2025.much of the growth will come  from China followed by U.S.A.

 

  • Importance of AI

Ai is actually the need of the hour. Its important that all student should start giving these diagnostic test and understand  their specific needs and learning style so that they can enjoy their journey.

Why is AI important ?

AI is very important because it can give enterprises insight into their operations & they may not have been aware of previously. Because in some cases, AI can perform a task better than humans very well. Today, largest and most successfully enterprises have used AI to improve their operations and gain advantage on their competitors.

 

 

 ADVANTAGES OF AI.

Explaining

  1. verygood at detail oriented jobs.
  2. Save time.
  3. delivers constant result.
  4. AI powered virtual agent are always available.
 DISADVANTAGES OF AI.
  1. Everybody can’t effort it.
  2. Requires deep technical experts.
  3. Limited supply of qualified workers to build AI tools.
  4. Lack of ability to generalize from one task to another.

 

 

TYPES OF AI.
  1. Reactive machines : in this AI system, have no memory and are task specified. An example  is deep blue, the IBM chess program that beat Garry Kasparov in the 1990s. Deep blue can identify the piece on the chess board.
  2. Limited memory : this AI system have memory, so they can use experience
  3. Theory of mind: it is a psychology term. When applied to AI, it means that the system would have the social intelligence to understand emotions.
  4. Self awareness: in this AI system have a sense of self which gives them consciousness. Machine with self awareness understand their own current state.

 

This is the information about Artificial intelligence(AI) in business world.

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