Artificial Intelligence: beyond the media hype

What exactly is artificial intelligence about? AI revolves around the development of complex algorithms enabling computers to be trained to perform specific human tasks. This could be the automatic analysis of images or recognizing, interpreting and translating texts. But the technology can also be used to intelligently automate various operational company decisions, such ad the detection of tax fraud. The algorithms may not be equipped with the human capacity to innovate or to reason but very often they are faster and more accurate in executing very specific, very well delineated tasks.