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) …
According to IDC, IBM leads the Worldwide Artificial Intelligence Market. Growing 35.6% to $28.1 billion, the artificial intelligence (AI) market experienced steady growth in 2018. The International Data Corporation (IDC), the premier global provider of market intelligence and advisory services for the information technology industry, has produced an objective study of worldwide artificial intelligence market revenue for 2018. Entitled'Worldwide Artificial Intelligence Market Shares, 2018: Steady Growth -- POCs Poised to Enter Full-Blown Production,' it finds amongst many other things that cost of the solution, lack of skilled personnel, and a bias in data have held organisations from more broadly implementing AI. On the other hand, automation, business agility, and customer satisfaction are the primary drivers for AI initiatives.
Artificial Intelligence is a field that we have seen unfold right before our eyes. We have seen tremendous growth in this field. As per reports, Artificial Intelligence is expected to create around 133 million new jobs, which itself is a lucrative figure. It shows that there is a great need for educated individuals who have expertise in this domain. Since it's a decade, old technology which has taken the world by storm, pursuing a formal education in this field remains sceptical owing to lack of information.
Ekincare, an artificial intelligence-based healthcare startup, has raised $3.6 million (Rs 25.81 crore at current exchange rates) in a Series A funding round led by a new investor. The latest funding takes the total capital that ekincare, operated by Aayuv Technologies Pvt. Ltd, has raised so far to $5.6 million, the company said in a statement on Wednesday. It didn't disclose the name of the new investor. Other investors that participated in the funding round include existing investors such as venture capital firm Venture East, Eight Roads Ventures and Hyderabad-based Touchstone Equities.
Recently, students on the Peiyangyuan Campus of Tianjin University (TJU) caught their first glimpse of a little blue and white self-driving car moving leisurely around the campus. If students blocked its way, it would automatically slow down and brake. Actually, the driverless vehicle is being used for express delivery and was recently put into use in mid-October. Despite its budding appearance, it is the latest product from Alibaba's Cainiao E.T. Logistics Laboratory, which holds the leading edge in international autopilot capability. The Cainiao unmanned vehicle is moving on the Peiyangyuan Campus of Tianjin University.
Unique work of art generated by Artificial Intelligence and nicely printed in canvas. NOTE: We guarantee that only one copy of this AI artwork will ever be sold. This artwork has been created by Artificial Intelligence using an algorithm that analyzed thousands of real oil paintings during 1200 hours, learning the styles and patterns from renowned artists. This technique, called Generative Adversarial Networks (GAN), allows computer systems to create unique artworks from scratch. CANVAS SPECS: - 16 x 16 inch (40.64 x 40.64 cm) - 20.5 mil thick canvas, 470 g/m², 1.5" deep - Acid-free, PH neutral, poly-cotton base - Mounting brackets included - centered on frame - Hand glued solid wood stretcher bars - Printed on textured and fade-resistant canvas (OBA-Free) ALGORITHMS: Generated with StyleGAN-Keras and enlarged with ESRGAN.
With successful adoption of AntWorks' IAP solution, businesses will stand to save millions and realise increased performance and efficiency by automating and processing business data, including unstructured data, which will make up 80% of the world's data by 2025. The partnership will help the GCC become a blueprint for the AI economy in the rest of the Middle East, Turkey and Africa, especially as governments look to diversify and drive revenue from non-oil and gas sectors. "We are deeply honored to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group expanding our reach into the Middle East," said Asheesh Mehra, AntWorks Co-Founder and Group CEO. "We see our partnership with SEED Group as an incredible opportunity to bring AntWorks' leading expertise in artificial intelligence to the GCC - helping the UAE's Ministry of AI realise its 2031 Artificial Intelligence Strategy. This is a market that thrives on innovation and has taken some of the most ambitious steps in the world in adopting the use of AI across government and business as they seek to create new economic, social, and educational opportunities for citizens. We look forward to a powerful and productive relationship that will make straight-through processing a reality across the GCC."
Mr Musk said: "I think there are a lot, a tremendous amount of investment going on in AI. "Where there is a lack of investment is in AI safety, and there should be, in my view, a government agency that oversees anything related to AI to confirm that it is – does not represent a public safety risk. "Just as there is a regulatory authority for, like the Food and Drug Administration, there's NHTSA for automotive safety, there's the FAA for aircraft safety. "We've generally come to the conclusion that it is important to have a government referee or a referee that is serving the public interest in ensuring that things are safe when there's a potential danger to the public.
E-commerce is experiencing continuous evolution and has revolutionized retail industry significantly. This evolution is a vital requirement to meet the changing needs of people and make online shopping easier for them. The industry has seen steady growth in the last couple of years and doesn't look like it is stopping anytime soon. Speaking of its growth in recent years, a study, revealed that global e-commerce sales worth a whopping $3.453 trillion were made in 2019, and projected to even grow to $4.135 trillion in 2020. In 2021, the industry is expected to grow even further to hit the $4.878 trillion mark.
Google has gained access to a huge trove of US patient data - without the need to notify those patients - thanks to a deal with a major health firm. The scheme, dubbed Project Nightingale, was agreed with Ascension, which hopes to develop artificial intelligence tools for doctors. Google can access health records, names and addresses without telling patients, according to the Wall Street Journal, which first reported the news. Google said it was "standard practice". Among the data the tech giant reportedly has access to under the deal are lab results, diagnoses, records of hospitalisation and dates of birth.
Slowly but surely, artificial intelligence is infiltrating almost every aspect of our lives. It is already busy in the background of many routine tasks, powering virtual assistants like Siri and Alexa, recommendations from Amazon and Netflix, and underpinning billions of Google searches each day. But as the technology matures, AI's impact will become more profound, and nowhere is that more apparent than in healthcare. Healthcare's data-heavy nature makes it an ideal candidate for the application of AI across multiple disciplines, from diagnosis and pathology to drug discovery and epidemiology. At the same time, the sensitivity of medical data raises fundamental questions around privacy and security.