Terminator or Iron Man – What will AI bring in future?

In the age of Digital Transformation, Artificial Intelligence has come a long way from Siri to driverless cars. If you have used a GPS on Google Maps to navigate in your car, purchased a book recommended to you by Amazon or watched a movie suggested to you by Netflix, then you have interacted with artificial intelligence. Artificial Intelligence is the capability of a machine to imitate intelligent human behavior which relies on the processing and comparison of vast amounts of data in volumes with help of big data analytics, no human being could ever absorb. Stephen Hawking, Elon Musk, Bill Gates have recently expressed concern in the media about the risks posed by AI. According to them, AI will soon replace all kinds of manual tasks and make humans redundant.