If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
In the world of Machine Learning, I find the K-Nearest Neighbors (KNN) classifier makes the most intuitive sense and easily accessible to beginners even without introducing any math notations. To decide the label of an observation, we look at its neighbors and assign the neighbors' label to the observation of interest. Certainly, looking at one neighbor may create bias and inaccuracy, and the KNN method has a set of rules and procedures to determine the best number of neighbors, e.g., examining k 1 neighbors and adopt majority rule to decide the category. "To decide the label for new observations, we look at the closest neighbors." To choose the nearest neighbors, we have to define what distance is.
We've been seeing the headlines for years: "Researchers find flaws in the algorithms used…" for nearly every use case for AI, including finance, health care, education, policing, or object identification. Most conclude that if the algorithm had only used the right data, was well vetted, or was trained to minimize drift over time, then the bias never would have happened. There are several practical strategies that you can adopt to instrument, monitor, and mitigate bias through a disparate impact measure. For models that are used in production today, you can start by instrumenting and baselining the impact live. For analysis or models used in one-time or periodic decision making, you'll benefit from all strategies except for live impact monitoring.
The future of planning is connected, intelligent, and continuous. Yet many companies remain so far away from this vision; it often seems unachievable. With many planning processes being so siloed and disconnected from execution, they can feel ineffective. Fortunately, evaluations of the planning landscape reveal many organizations are adopting technologies that move towards a de-siloed, network-based approach to planning. To optimize planning capabilities, it crucial to achieve this connection at the enterprise level as well as into the broader supply network.
IN A cavernous shed on an industrial park in Hampshire, hundreds of robots are at work in the "hive". In Ocado's latest Customer Fulfilment Centre (CFC), 65,000 orders a week are prepared for some of the grocer's 645,000 online customers. It is probably the most technologically advanced such centre in the world. Instead of ferrying crates on a long line of conveyor belts, as many CFCs do, it uses a three-dimensional grid system, or hive, to assemble customers' orders. Washing-machine-sized robots whizz this way and that on the top of the grid, pausing only for a second to pick up products and ferry them to "pick stations", where people put the orders together.
Artificial Intelligence Technology Solutions, Inc. (OTCPK:AITX) today announced that its wholly-owned subsidiary Robotic Assistance Devices (RAD) has received an order from a global top 20 medical devices company with over 50,000 employees for what RAD expects as the first of several Wally HSO (Health Screening Option) units to be deployed at one of the client's manufacturing facilities. Wally HSO is a self-contained, artificial intelligence-driven security, concierge and health screening solution capable of performing touchless temperature assessments on personnel entering a facility. Wally HSO is also designed to detect and document those wearing, and not wearing a face mask as they enter a facility. If the user's temperature is outside of the acceptable range, Wally HSO will not allow entry, the incident is digitally documented, and the unit will provide further instructions either audibly or visually which may include summoning an on-site, or remote security guard. Wally HSO mounts easily on a wall in a lobby or a building entrance and does not require any networking resources or installation and instead connects to the cloud via an enhanced cellular connection or WiFi.
Businesses are always looking to optimize and streamline services to cut costs. The coronavirus pandemic and the resulting economic calamity caused by it have put even more pressure on enterprises to innovate and do more with less. Andy Watson, senior vice president for Asia, Pacific, Japan, and Greater China at SAP Concur, says many organizations will turn to automation and AI in 2021 as a way to address key business pain points and simplify cumbersome processes. "Automation will become essential, not extra. As businesses maintain hybrid remote-working models and anticipate other potential disruptions in 2021 and beyond, the role of automation and AI use cases in the workplace will grow," Watson said in an email interview. "These may include enabling efficient day-to-day communications between knowledge workers doing their jobs from home and automating invoicing and expenses to keep valued partners paid and to preserve budgets."
In an effort to be the first organization to bring true artificial intelligence (AI) to the 401k market, The 401(k) Plan Company recently announced a minority investment in Unanimous AI to help elevate human decision-making in the workplace for HR partners, CFOs and plan participants. San Francisco-based Unanimous AI builds technologies that amplify human intelligence using technologies modeled on the biological principle of Swarm Intelligence. Unanimous AI in late October announced it has been awarded three new U.S. Patents covering its unique AI technology aimed at amplifying the intelligence of human groups. Swarm AI technology from Unanimous is a combination of real-time human input and AI algorithms, which the company says enables networked groups of people to think together as super-intelligent systems. Under terms of the deal, The 401(k) Plan Company will make Unanimous AI's capabilities available to employers seeking to evolve through the remote workforce considerations, empowering teams to make significantly better decisions. "AI has the power to replace humans, or to amplify their best work.