AI (Artificial Intelligence)

What Is Artificial Intelligence?

Artificial intelligence, or AI, is the field that studies the synthesis and analysis of computational agents that act intelligently. Let us examine each part of this definition.
An agent is something that acts in an environment – it does something. Agents include worms, dogs, thermostats, airplanes, robots, humans, companies, and countries.

Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines. It is a branch of computer science dealing with the study of “intelligent agents”: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.​
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The term “artificial intelligence” is also applied when a machine mimics “cognitive” functions that humans associate with other human minds, such as “learning” and “problem solving“.​
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It was coined by John McCarthy in 1956.​
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In the twenty-first century, AI techniques have experienced a resurgence following concurrent advances in computer power, large amounts of data, and theoretical understanding; and AI techniques have become an essential part of the technology industry, helping to solve many challenging problems in computer science.​

Artificial Vs Natural Intelligence

Artificial intelligence (AI) is the established name for the field, but the term “artificial intelligence” is a source of much confusion because artificial intelligence may be interpreted as the opposite of real intelligence.
For any phenomenon, you can distinguish real versus fake, where the fake is non-real. You can also distinguish natural versus artificial. Natural means occurring in nature and artificial means made by people.

Why Artificial Intelligence​ ?

We are growing at huge rate, say it in terms of population, scripted knowledge, tasks etc. Increasing in scale also increase entropy in system, demanding huge number of tasks to be automated, and centralized. AI in simple words is implementing human senses in machines. Humans will surely benefit from AI. Though we are seeing automation of tasks is leading to job cutting, in long term it is going to turn out to be a major benefit.​
AI can surely process all trivial tasks at huge pace compared to humans.​
Traffic Control, Automating Support, Automating Manufacturing, Fraud Detection, Imposing Laws without corruption etc. It has many good uses.​

The general benefit of artificial intelligence is that it replicates decisions and actions of humans without human shortcomings, such as fatigue, emotion and limited time. AI can also free people from repetitive tasks that can be easily done by machines. There are several examples and applications of artificial intelligence in use today: voice-controlled individual partners, robots, behavioral calculations, suggestive searches, autonomously-powered self-driving vehicles, virtual assistants, etc.​

Time will tell whether artificial intelligence will leave a positive impact or lead to the destruction of humanity.​
At Margasoft, we can help you connect artificial intelligence with your day-to-day activities and maximize your business growth by minimizing labor and infrastructure cost. We can either build stand-alone solution or embed it within other systems.

Artificial Intelligence History​

The term artificial intelligence was coined in 1956, but AI has become more popular today thanks to increased data volumes, advanced algorithms, and improvements in computing power and storage.​
Early AI research in the 1950s explored topics like problem solving and symbolic methods. In the 1960s, the US Department of Defense took interest in this type of work and began training computers to mimic basic human reasoning. For example, the Defense Advanced Research Projects Agency (DARPA) completed street mapping projects in the 1970s. And DARPA produced intelligent personal assistants in 2003, long before Siri, Alexa or Cortana were household names.​

This early work paved the way for the automation and formal reasoning that we see in computers today, including decision support systems and smart search systems that can be designed to complement and augment human abilities.​

While Hollywood movies and science fiction novels depict AI as human-like robots that take over the world, the current evolution of AI technologies isn’t that scary – or quite that smart. Instead, AI has evolved to provide many specific benefits in every industry. Keep reading for modern examples of artificial intelligence in health care, retail and more​.

 

Programming languages used in artificial intelligence​

As per InfoWorld – Technology insight for the enterprise top languages which are used in artificial intelligence are:​
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• Python​
• ​Java​
• ​Lisp​
• ​Prolog​

Types of Artificial intelligence

1. Machine Learning :​
There are lots of benefits of machine learning. When the machine starts figure out how to do the appreciation – the “training”. Primary training is tough thing, both for the humans who get ready to the training data and the computer which is trying to generate the models from the training data.​

2. Computer Vision :       ​
Computer vision is the great part of AI. This model tells the software how to do the appreciation, is downloaded from Google. As Google finds more about appreciation in pictures and images, it will renew the supposition model.​

3. Natural Language :​
Natural language means natural translation of language. AI technology uses the Google translation technology that translates the products to be good as a human source translator.​

4. Smart Robotics:​
Robots now can be expected in different fields like hospitals, stocking shops, corporate offices etc. They are working as office cleaner, serving foods, and preparing foods in hotels and even patrolling farm areas.​

5. Autonomous Vehicles:​
This class of AI obtains a lot of press coverage. Autonomous Vehicles as examples are – driving cars, trucks, buses, trains, cargo ships, submarines and Autopilot flying drones etc.​

6. Virtual Agent.​
Humans can feel much better than AI in this part. If we take an example- You can train AI system to see the only specific thing that must be shown to users. Another thing will be supposed as not possible to show.​
AI will be very prevalent in the upcoming time and may come with other new features. We all can believe there will be a far-reaching use of AI technology in entire fields.​

Benefits of utilizing Artificial Intelligence​

• Through utilizing artificially intelligence, machines would become self aware and would learn from its past mistakes from the data it has collected, so error and repetition of same mistakes would get reduced sharply.​
• Machines are made of metal and intelligent machines can do hard work such as mining and exploration of natural treasures for in very challenging conditions as well.​​
• There are many repetitive jobs on which if artificially intelligent machines are placed then human can do some other work because these smart machines has very slight error chance in doing repetitive tasks.​
• Artificially intelligent robots/assistants can help doctors by providing them with the assistance as they are having all the data on internet so that doctor do not miss anything and has all the available alternatives and scenarios in front of him/her.​
• Artificial intelligence is helping humans in almost all fields and as much more advanced it would become that much better judgements and data would get available to the humans working in the field. ​
• Artificially intelligent machines are getting grip in almost all industries. There numerous other applications such as generating leads for the business as well which I believe can be really helpful for entrepreneurs and digital marketers who work day and night to generate leads for their business.​

Risks and Limitations of artificial intelligence​

• One of the main limitation of AI is the cost. Creation of smart technologies can be expensive, due to their complex nature and the need for repair and ongoing maintenance.​​
• Software programs need regular upgrading to adapt to the changing business environment and, in case of breakdown, present a risk of losing code or important data. Restoring this is often time-consuming and costly.​
• Implementation times, which are often lengthy.​
• Integration challenges and lack of understanding of the state-of-the-art systems​
• Usability and interoperability with other systems and platforms​
• If you’re deciding whether to take on AI-driven technology, you should also consider:
  • customer privacy​
  • potential lack of transparency​
  • technological complexity                 ​
  • loss of control over your business decisions and strategy​

Examples of artificial intelligence use in business​

Artificial intelligence in e-commerce​

• AI in e-commerce can be evident in:​
• smart searches and relevance features​
• personalisation as a service​
• product recommendations and purchase predictions​
• fraud detection and prevention for online transactions​
• dynamic price optimisation based on machine learning​
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Artificial intelligence in marketing​
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Examples of AI in marketing include:​

• recommendations and content curation​
• personalisation of news feeds​
• pattern and image recognition​
• language recognition – to digest unstructured data from customers and sales prospects​
• ad targeting and optimised, real-time bidding​
• data analysis and customer segmentation​
• social semantics and sentiment analysis​
• automated web design​
• predictive customer service​
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