Why Understanding Artificial Intelligence Is Important Right Now
Artificial intelligence is a technology that is transforming every walk of life and it might be easier to state what part of our society AI hasn’t touched to show how important it is to our daily lives, business operations, and modern society. Artificial intelligence is so intertwined in all that we do that it is hard to imagine living life without it.
Artificial intelligence or AI is what makes it possible for machines to learn from experience, perform human-like tasks, and adjust to new inputs. It is the basis for imitating human intelligence processes through the creation and application of algorithms built into a computing environment. Put simply, AI is when machines can learn and make decisions similar to the way humans can.
There are many types of artificial intelligence including machine learning, where the machines observe, learn, and analyze form data and mistakes, instead of being programmed what to think. This technology is influencing consumer products and has led to many breakthroughs in physics and healthcare as well as changing industries such as manufacturing, retail, and finance.
Most AI examples that we hear about today from self-driving cars to chess-playing computers rely heavily on natural language processing and deep learning. Using these technologies, computers can be trained to complete specific tasks by processing large amounts of data and recognizing patterns.
Simply put, artificial intelligence is trying to make computers act and think like humans, and achieving this requires three components -computational systems, data and data management, and advanced AI algorithms (code). The result would be an intelligent entity (computer) created by humans, capable of performing tasks intelligently without being explicitly instructed and capable of thinking and acting rationally and humanely. If you want to read up on the subject, you can start with this Digital Authority Partners list of AI books.
AI will soon power most of our activities in society and business, drastically changing the way we work and live, so learning how AI works and understanding its implications for our lives might be as important as learning to read and write. We are now beginning to live in an era of artificial intelligence, hence it is important to learn as much as we can about it right now. Here are some reasons why artificial intelligence is important right now and how it has already begun changing the world we live in.
Potential impacts on society: Everything from the way we use our smartphones to navigate around town, to our addiction to social media channels such as Facebook, Instagram, Twitter, and even our virtual digital assistants such as Alexa and Cortana, something we consider normal, is all powered by AI. Our legal institutions, financial institutions, insurance companies, and media companies are all figuring out ways to use artificial intelligence to their advantage – everything from reviewing law briefs, to fraud detection, to writing new stories with natural language processing, AI’s reach is extensive.
It is hard though exciting to imagine the sheer number of things that AI will be able to transform, create, or improve as we begin to apply to so many different areas of life.
Artificial Intelligence in business: AI technology is alterinNg industries from manufacturing to finance – with new processes products and capabilities. Companies are using AI and the vast amount of data that is collected to drive marketing initiatives and decisions to improve operations and customer service.
From optimizing delivery routes to managing global supply chains artificial intelligence is helping companies that are both large-scale and small-scale to improve productivity from sourcing material to sales and accounting to customer service. It is allowing companies to produce, design, and deliver products and services, better than ever before.
Life-saving AI: Artificial intelligence will not just improve our lives, in some cases, it will save lives, and there are many companies including tech companies that are researching new ways in which artificial intelligence can help improve our healthcare system. Everything from better diagnostic tools, to figuring out personalized drug protocols and even robots to assistant surgeries, AI is altering our healthcare system – from its processes to the care that these organizations provide.
Apart from adding to our healthcare systems, AI is likely to be very instrumental in solving the environmental concerns that we are experiencing due to global warming. From supporting smart agriculture to feed a growing population and supporting smart infrastructure to help be more efficient with natural resources, artificial intelligence can augment our human efforts to solve our global crisis.
Prioritizing of Artificial Intelligence: every large tech company, even Google, has shifted its focus towards AI and is heavily investing in AI research and development. This is a clear indication of just how much importance AI holds for business and technology in general. These companies are starting to realize that AI is the future and therefore giving it the importance that is due and it is about time we take note of this since it might be integrated into numerous parts of our lives in the future.
AI in entertainment: Experiments with artificial intelligence to compose original compositions from music to books, develop recipes based on what is currently in the cupboard, and to even create works of art which in turn are extending the influence of AI on our lives. The AI-powered recommendation engines of Spotify and Netflix help us streamline our decision-making process for when we are looking for what show to watch next or song to listen to.
As humans, we have always been fascinated by technological advancements/changes and right now we are living amidst the greatest advancements in our history – artificial intelligence has emerged to be a game-changer in the field of technology. Organizations and industries across the world are coming up with breakthrough innovations in Machine learning and artificial intelligence.
AI is not only impacting the future of every industry and every human being but has also acted as the main driver of emerging technologies like robotics and big data and considering its growth rate it will continue to act as a technological innovator for the foreseeable future.
There are immense opportunities for certified and trained professionals to enter the field of artificial intelligence and have a rewarding career. As these technologies continue to develop and grow they will have more and more impact on us and we can expect the technology to become even more entangled in our daily existence, workplaces, and society.