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‘ Intuitively Understanding Artificial Intelligence ’

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By Author: Nimisha
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Artificial Intelligence is a state of the art of technological trend that many companies are trying to integrate into their business as it is believed that A.I. isn’t an industry but a technology poised to transform a business across various sectors, probably much more than you think.
There will be - a type of individuals or set of individuals that understand self-learnings applied to healthcare and finance will look extraordinary over the next decade.

In a panel discussion at Las Vegas Tech Trade Show CES, a group of A.I. experts talked about which industries are most ripe for adopting & application of A.I. and Healthcare emerged to be the no. 1 industry primed to get transformed by A.I.

Whether it's expressed through wearable devices that we have for us or in another broad base of applications, I think its got a very bright future with an addition that the rise of the Internet of Things devices will also drive consumer-oriented Artificial System. “It's a brand new industry that’s just emerging”. As its role in elevating the production performance at the same time concurrently reducing the costs cannot be underrated.

So how exactly will A.I. have a transformative impact on business? This is something to think upon.

A Technology investor, who is also a billionaire and owner of the NBA’s Dallas Mavericks agrees to the fact that Artificial Intelligence Entrepreneurs will create a new level of wealth in the future. He stated there - “First few Trilloinaires of the world will be those who master A.I. and all its derivatives and applications applying them in such a way one never thought of that before”.

List of applications :
Typical problems to which AI methods are applied
Optical character recognition
Computer science
Handwriting recognition
Power electronics
Speech recognition
face recognition
Telecommunication maintenance
Artificial creativity
Computer vision, virtual reality, and image processing
Photo and video manipulation
Diagnosis (artificial intelligence)
Strategic planning
Game artificial intelligence and computer game bot
Natural language processing, translation, and chatterbots
Nonlinear control and robotics

Significant Hurdles of AI :
Everyone agrees for the fact that AI technology is something which can change the world, still, it is facing significant hurdles which is keeping us away from seeing a futuristic reality likes-
Lack of computing power
Unsupervised learning
Abstract thinking

AI is a new science and few people with all AI science experience. Wisdom gap is taken here to be a reason for skipping the logic engineering leading to AI application failure because it’s not the Science, It’s the application how we’re applying science that makes sense.
My point is, whether it’s a Thermonuclear War or grabbing Coffee, it’s not whether we should opt for automating or not, but Where and How we automate this is foremost important.

Future of AI :

Technology is moving with a break-free and a breakneck power in our pockets than what we used to have in the 1990s. AI has been an engrossing concept of science for decemvir and soon we’re getting close to make AI a reality.
Will Robots become Self Aware? Will they be in charge?
I wonder what our society looks like when AI will conquer everybody and everywhere.
But there is one thing for sure i.e. once it arrives, AI will begin with taking away of jobs from the people as when I searched into the subject of ARTIFICIAL INTELLIGENCE, I freaked out over the range of possibilities.

Future of AI holds -
Automated transportation
Cyborg Tech
Taking over dangerous jobs
Robots as friends
Solving climate change

By no stretch of the imagination, AI has found a use in every industry whether it be for simple tasks or for complicated measures. AI has successfully paved its way all over the world and it’s safe to say that it’s here to stay.
“You’d be surprised at what AI can do - All problems which we think are impossible to solve. AI goes far beyond our imagination, as we humans have so advanced technology that it is going to surpass our capabilities and will take over with the power of Artificial Intelligence.

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