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) …
Bottom line: Every manufacturer has the potential to integrate machine learning into their operations and become more competitive by gaining predictive insights into production. Machine learning's core technologies align well with the complex problems manufacturers face daily. From striving to keep supply chains operating efficiently to producing customized, built- to-order products on time, machine learning algorithms have the potential to bring greater predictive accuracy to every phase of production. Many of the algorithms being developed are iterative, designed to learn continually and seek optimized outcomes. These algorithms iterate in milliseconds, enabling manufacturers to seek optimized outcomes in minutes versus months.
With technology governing almost every aspect of our lives, industry experts are defining these modern times as the "platinum age of innovation"; verging on the threshold of discoveries that could change human society irreversibly, for better or worse. At the forefront of this revolution is the field of artificial intelligence (AI), a technology that is more vibrant than ever due to the acceleration of technological progress in machine learning - the process of giving computers with the ability to learn without being explicitly programmed - as well as the realisation by big tech vendors of its potential. One major tech behemoth fuelling the fire of this fast moving juggernaut called AI is Intel, a company that has long invested in the science and engineering of making computers more intelligent. The Californian company held an'AI Day' in San Francisco showcasing its new strategy dedicated solely to AI, with the introduction of new AI-specific products, as well as investments for the development of specific AI-related tech. And Alphr were in town to hear all about it.