We have all heard about AI – Artificial Intelligence, but do we understand what Artificial Intelligence is? Its historical background? How is it changing the world? Why is it important?
This guide is focused on answering all of the commonly asked questions regarding Artificial Intelligence, and help you make the best use of AI technology.
What is Artificial Intelligence?
AI refers to intelligent software and hardware that is designed to replicate “human” behaviors. Artificial Intelligence technology can perform learning and problem-solving tasks, similar to what we once watched only in science fiction movies.
However, we are now in the age when Artificial Intelligence is playing an essential role in improving data to day activities of common people. AI technology allows machines to successfully perform various day to day tasks, like driving automobiles, performing smart cleaning activities, and providing intelligent virtual assistance for playing games.
According to Gartner, “By 2021, 80% of emerging technologies will have AI foundations”.
Utilizing the AI technology, computers are trained to perform various tasks by processing a massive amount of data and recognizing the repeating patterns in the provided data to accomplish specific tasks.
The History of AI
We can trace back the basics of the concepts of AI to the 1940s. However, it was in the year 1956 at Dartmouth College that the term “artificial intelligence” was given to the technology. Initially, the AI earliest programs hand the ability to play games and recognize simple pattern recognition, as well as using data for machine learning.
The first neural network founded by scientist Frank Rosenblatt of Cornell University, the system ran on an IBM 5-ton (4.5-metric ton) computer and mainly used punch cards for data.
The tremendous promise of AI technology attracted the interest of the US Department of Defense. They used machine learning to train computers to learn and apply basic human reasoning. By 1970, the Defense Advanced Research Projects Agency (DARPA) had completed street mapping with the help of AI.
The mid-1980s ushered a new wave of advancements in AI technology with more advanced multilayer neural networks that were capable of higher-level tasks; by the 1990s, AI technology was being used to do more than machine training.
The development of more powerful computers and the web in the 1990s and 2000s greatly helped AI advancements.
The ability to transfer large data volumes, as well as more sophisticated algorithms and better computing and storage has increased the potential of AI and what can be achieved using the technology. AI technology has made its way into our homes, businesses, and mobile devices that we use daily.
Although we have a long way to go before we achieve the Hollywood depiction of AI technology in the form of robots, AI is being used in almost every industry to increase efficiency and productivity. The current achievements in AI are all thanks to the early work that laid the foundation of integral industrial technologies, including automation, logic, and formal reasoning.
Why is Artificial Intelligence Important?
Artificial Intelligence has revolutionized many practices and industries across the globe. However, there are a few factors that make AI technology important; they are:
- AI technology will help eliminate the need for human assistance for tedious and repetitive tasks.
- AI technology will significantly decrease the risk of traffic complications and improve auto safety.
- AI technology will enable incredible precision, accuracy, and speed in manufacturing procedures.
- AI technology will significantly improve communication networks across the globe.
- AI technology will be available 24/7 and will offer a controlled level of effectiveness.
- AI technology will help in faster and reason-based decision making.
Artificial Intelligence and Its Impact on Various Industries
If you talk about Artificial Intelligence’s essential role apart from day to day activities of common people, this technology is also being widely used in numerous industries.
Artificial Intelligence’s potential to revolutionize the manufacturing industry is limitless. AI is enabling and will continue to accomplish manufacturing processes will minimal to zero errors and utmost quality assurance.
With technological advancement, every industry now requires foolproof cybersecurity to protect their sensitive data from security breaches. AI technology is going to be a game-changer for improving cybersecurity and cyber-resilience. With its ability to process massive amounts of data that allows complex reasoning and self-learning – foolproof cybersecurity now seems possible.
Healthcare is another important industry that is making use of AI technology. From healthcare equipment like X-ray machines to drug safety and regulation department – all are including AI technology to improve healthcare practices.
It is astonishing to see the positive effects of AI technology is improving the construction industry. With the help of AI technology, construction processes in the future are expected to become faster, safe, and impressively cost-effective.
Business and Retail
Business and Retail industry is amongst the essential industries, and it is also one of the top industries that are introducing AI technology to improve their practices. AI technology is enabling enhance precision, effectiveness, and speed in all departments, including management, production, supply chain, and retail.
The educational industry is also making the use of AI technology to discover new concepts and theories. In the near future, we can predict that with the help of AI, we will be able to create a dynamic, personalized, and effective learning subject matter for students across the globe.
Role of AI in Customer Experience [Infographic]
Infographics Credit: Callcentrehelper
Similar to every other technology and innovation, AI also has its disadvantages. The most significant drawback being the elimination of repetitive procedures and effective decision making that can cause a massive effect on unemployment.
It cannot be denied that AI has massive potential advantages. Some of them the benefits are discovered, and humans are making the most out of these incredible advantages.
But with AI technology, the sky is not even the limit! With the passing years, we will surely discover unimaginable ways of how Artificial intelligence can evolve technologies, knowledge, and practices across the globe.