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Artificial Intelligence (AI) is transforming the way we live in the world from how we work to augmenting our hobbies. But what exactly is AI? How does it work? And what are its applications?
In Science Fiction, Artificial Intelligence refers to the creation of intelligent machines that can think, learn, and act like humans, often with superhuman abilities, and sometimes with a will of their own, leading to explorations of complex themes such as humanity, consciousness, free will, and the ethics of creating and controlling sentient beings. AI in the real world hasn’t caught up to the lofty expectations set by popular science fiction in Star Trek's Data, The Terminator's Skynet, or Blade Runner's replicants. AI today refers to the development of computer systems that can perform tasks that typically require human intelligence, such as:
The applications of AI encompass multiple areas that affect businesses and the way humans interact with the world around them. AI is becoming ubiquitous in our daily vocabulary and the way we interact with the world, from virtual assistants like Apple’s Siri or Amazon’s Alexa to more practical single-purpose applications like image recognition, Natural Language Processing (NLP), predictive analytics, or robotics. Many businesses are leveraging AI for their daily operations. Seeking and building custom solutions that enhance their company’s performance and grow profit margins by automating and optimizing their systems through AI enhancements.
Here are some ways AI is impacting various industries through technical integration led by the most advanced business leaders and scientists in the world.