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) …
We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Before Dr. Alan Turing designed the first computer, people merely dreamed of intelligent machines that could read paperwork and do most of their grunge work for them. Science-fiction movies depict advanced software processing large amounts of documents to find hidden insights that save the day. Today this is available in real life from progressive-thinking software providers. One of them, San Francisco-based Automation Hero, today launched v6.0 of its Hero Platform, a SaaS service the company claims takes a quantum leap in OCR (optical character recognition) document-processing accuracy.
The rising number of innovative start-up operations working within the domain of AI powered tools and services is one of the key factors driving the growth within the global artificial intelligence as a service market. The solutions offered by the players and vendors functioning within the global artificial intelligence as a service market are utilized in a number of end use industry verticals, such as healthcare and life sciences, telecommunications, manufacturing, education, transportation, media and entertainment, banking, financial services, and insurance or BFSI, retail, government and defence, energy, and agriculture, among others. Some of the key technologies used by the players in the global artificial intelligence as a service market include deep learning, natural language processing or NLP, and machine learning or ML. The rising demand from the BFSI industry vertical is positively influencing the growth in the global artificial intelligence as a service market. On the other hand, healthcare and life sciences end use industry vertical is also expected to contribute heavily in the development of the global artificial intelligence as a service market in coming years.