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) …
But 2019 was the year the earth burned. In Australia, the world watched in horror as bushfires destroyed 10.3 million hectares, marking the continent's most intense and destructive fire season in over 40 years. Earlier that fall, California saw more than 101,000 hectares destroyed, with damages upward of $80 billion. Alaska saw nearly a million. Record-breaking fires also hit Indonesia, Russia, Lebanon -- but nowhere saw the sheer mass of media coverage as the fires that tore through the Amazon nearly all last summer. By year's end, thousands of global media outlets had reported that Brazil's largest rainforest played host to more than 80,000 individual forest fires in 2019, resulting in an estimated 906,000 square hectares of environmental destruction. At the time, Brazil's National Institute for Space Research reported it was the fastest rate of burning since record keeping began in 2013. But amid the charred ruins of one of the largest oxygen-producing environments on the planet, a secret lies buried beneath the soil.
The U.S. Air Force is finally pushing into the world of robot combat drones, vowing to fly the first of its "Skyborg" drones by 2023. The service envisions Skyborg as a merging of artificial intelligence with jet-powered drones. The result will be drones capable of flying alongside fighter jets, carrying out dangerous missions. Skyborg drones will be much cheaper than piloted aircraft, allowing the Air Force to grow its fleet at a lower cost. The Air Force, according to Defense News, will award a total of $400 million to one or more companies to develop different types of Skyborg drones.
Very deep neural networks with a huge number of parameters are very robust machine learning systems. But, in this type of massive networks, overfitting is a common serious problem. Learning how to deal with overfitting is essential to mastering machine learning. The fundamental issue in machine learning is the tension between optimization and generalization. Optimization refers to the process of adjusting a model to get the best performance possible on the training data (the learning in machine learning), whereas generalization refers to how well the trained model performs on the data that it has never seen before (test set).
In a joint research effort forged in 2017, the MIT-IBM Watson AI Lab has put significant resources into a new approach to AI that could provide CX and digital transformation specialists with more accurate intent recognition. Known as "neuro-symbolic artificial intelligence," this approach could allow companies to do more with less data and provide for greater transparency and privacy. Employing the approach to Conversational AI could give brands the ability to "add common sense" to their chatbots, intelligent virtual agents and to the prompts provided to live agents. The science combines the probabilistic pattern recognition capabilities of today's Deep Neural Networks (DNNs) and "deep understanding" with an approach to AI that is based on representations of problems, logic and search that are considered more "human-readable." In a new report, Dan Miller, lead analyst and founder with Opus Research, presents the possibility for enterprises to improve automated conversational systems with significant implications for customer care, digital commerce and employee productivity.
Councils in the UK expect to save over £195million (€221 million) in 2020 by introducing artificial intelligence technology techniques, according to a national survey of local authorities. Financial savings, faster resolution of enquiries, freeing up staff to focus on citizen engagement and more accurate processing are the four key reasons behind the trend, revealed in a survey of unitary, borough, county and district councils carried out by local government AI and chatbot specialists Agile Datum . Councils each expect to save an average of £300,000 (€340926) in the next 12 months through greater use of artificial intelligence and another £180,000 ( €204556), on average, through the deployment of self-learning chatbots. One in six councils are anticipating savings between £750,000 (€85231 million) and £1m (1.1 million) just around the introduction of artificial intelligence technology. In all, it amounts to savings of £195m (€221 million) across unitary, borough, district and county councils in the UK.
Talend has released the latest update to its Talend Data Fabric platform is adding several new features, including AI/ML, to more quickly reveal latent intelligence held inside dispersed enterprise data. The Talend Winter '20 release delivers trusted data quickly, reliably and at first sight for faster business outcomes, according to Talend execs. "The innovations introduced in Talend Data Fabric will provide our customers with dramatically improved efficiency, optimized productivity and scale, and accelerated path to revealing value from data," said Talend's Ciaran Dynes senior vice president products in a statement. Here's a list of notable features in Talend's Winter '20 release, and how they deliver value. Data Inventory: This new cloud-based app automatically inventories and quality checks data to reveal trusted data quickly and easily.
The insurance industry is way past its time when timely response and a balanced price-quality relationship were enough to define customer experience. The advent of Artificial Intelligence, Machine Learning, and Advanced Analytics have disrupted the insurance industry and have reshaped the way it operates. Insurtech firms these days are using their AI and ML capabilities to drive high-quality customer experiences, increased loyalty, generate new revenue while simultaneously reducing the costs. The vision of the insurance firms today and for the future is where customers and customer experience comes first. The combination of AI and ML models built on top of the Customer Data Platform leads to improved customer experience through hyper-personalization.