AI (Deep Learning) explained simply

@machinelearnbot 

Sci-fi level Artificial Intelligence (AI) like HAL 9000 was promised since 1960s, but PCs and robots were dumb until recently. Now, tech giants and startups are announcing the AI revolution: self-driving cars, robo doctors, robo investors, etc. PwC just said that AI will contribute $15.7 trillion to the world economy by 2030. "AI" it's the 2017 buzzword, like "dot com" it was in 1999, and everyone claims to be into AI. Don't be confused by the AI hype. Is this a bubble or real? AI is not easy or fast to apply. The most exciting AI examples come from universities or the tech giants. Self-appointed AI experts who promise to revolutionize any company with the latest AI in short time are doing AI misinformation, some just rebranding old tech as AI. Everyone is already using the latest AI through Google, Microsoft, Amazon etc. services. But "deep learning" will not soon be mastered by the majority of businesses for custom in-house projects. Most have insufficient relevant digital data, not enough to train an AI reliably. As a result, AI will not kill all jobs, especially because it will require humans to train and test each AI.

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