Following through a tech magazine, while scrolling through your FB or LinkedIn feed, or just chat with your coworkers at a tech conference. You will find that almost every technology discussion today seems to contain features of artificial intelligence.
Are you one of the 197 million who use Amazon each month to purchase groceries from home? Or are you one of the 182 million subscribers who watch Netflix? Amid the COVID-19 pandemic? And if yes, all this is related to the new world of artificial intelligence.
In contrast to humans, AI systems run around the clock without interruptions or any breaks. No need to sleep, take coffee breaks or chat as you will never get bored or tired.
Benefits of AI
Reduced Human Error –
Humans make mistakes from time to time, unlike intelligent machines, which, when programmed correctly, have a low error rate compared to humans. Artificially intelligent systems are built to process the data set from the size of the data set without computing errors. It consists of contained precision and speed accuracy.
The problem MNC workers encounter is phishing emails. Employees generally do not follow the instructions in phishing emails because they appear authentic but rather because they are delivering an urgent message from a manager or some other authority.
While these phishing attacks can be minimized with adequate staff training, the potential for error still exists. This human error factor can be surfaced by blocking delivery and phishing emails primarily through the use of Artificial Intelligence. This is where AI can be a critical factor as it can automatically detect any counters in the email content as well as metadata to prevent phishing attacks and fix email security issues.
Enhanced Automation –
Advances in artificial intelligence since the inception of deep learning have paved the way for improved automation of many jobs that require predictable physical labor or work—introducing various industries to minimize human workload.
AI systems are capable of going beyond human capabilities and perform labor-intensive tasks, including answering customer issues, extracting data from documents, manipulating tools, recognizing emotions, and even making judgments. Reduce labor and other operational costs of the company.
Decision Making –
Before the advent of Artificial Intelligence, human judgment was at the heart of business decision-making as companies relied on highly skilled insights from experts based on domain experience.
Businesses rely on AI-powered decision-making to enable faster, better decisions that have a positive impact on the business, whether it’s determining the right inventory levels, getting the right loans approved, or choosing the best creativity for an advertising campaign: Artificial Intelligence makes decisions based on data in order to generate the highest possible ROI for a company.
The emergence of Artificial Intelligence:
In the early 1800s, AI was limited to make up myths, speculations, and science fiction films until Alan Turing, who’s been a pioneer of AI, came up with the idea of regulating the machines to think like in a human capacity. AI has been cultivating enough to change the world, whether we are aware of it or not, AI has evolved rapidly since its inception, and this is how it got here:
1950: AI was a concept deeply rooted in history until Alan Turing introduced the concept of artificial intelligence.
1956: The term “Artificial Intelligence” was coined by the young computer scientist John McCarthy.
1966: The first ELIZA Chatbot program was developed to trick users into believing that they were having a conversation with a human.
1968: A science fiction film “2001: A Space Odyssey” that imagined where AI could lead. AI researchers predicted that computers would soon be heading for human intelligence.
1990: HTTP and WWW made it available for anyone who is seeking help to connect to the Internet and generate data that provides for artificial intelligence systems.
2002: Roomba, the first home robot with minimal computing power and simple sensors, Roomba was smart enough to efficiently clean your home by automatically walk you through the house.
2008: Google launches the first voice search application that brings speech recognition to mobile devices. It used to be pretty inaccurate, but today Google claims it is 92% safe.
2011: The IBM Watson computer was the latest AI sensation, winning $ 1 million for a three-part competition on the television game show Jeopardy. In 2011, Apple announced our very own Siri, which was a breakthrough in artificial intelligence into voice-activated digital assistants.
2012: Google computers taught themselves to recognize and spot cats. Computers are wired like a brain to recognize cat pictures from 100 million YouTube stills.
2016: The first AI-based computer program, AlphaGo, to defeat the best Go player in the world. This was a breakthrough as Go is considered the toughest challenging classic game for AI, given the complexity. It has 10 to 70 possible board configurations, which are tougher than chess.
2018: During the era of autonomous cars. The Google subsidiary launched the first self-driving autonomous taxi service in Phoenix, Arizona.
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