How Is Artificial Intelligence Being Used in Business?

Artificial Intelligence is an often-misused term developed to describe any machine capable of making complex, intelligent decisions on its own. This differs from a machine able to mimic or repeat human decision-making. Since the 1940s, when Alan Turing devised his famous'Turing Test' for computer intelligence, artificial intelligence has become more and more of a reality. More powerful computers capable of assessing more and more data instantly have enabled the writing of'narrow' Artificial Intelligence algorithms. These algorithms have been capable of intelligent reasoning, but only when faced with a predetermined kind of task.