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) …
It's been a huge decade for big data and artificial intelligence (AI), two of the biggest tech trends we've seen this century. From data-driven manufacturing to self-driving cars, we've witnessed dozens of jaw-dropping, previously unimaginable feats, all thanks to advances in big data analytics and AI.
There's a lot of buzz going around about the ability of machines to learn and the promise of AI, but robots aren't going to take your desk job quite yet. That doesn't mean, however, that machine learning isn't something to focus on for the future. In fact, building upon the BI revolution of past years, machine learning will soon make it easier to find patterns in data and automate value extraction.
The year 1995 was heralded as the beginning of the "New Economy." Digital communication was set to upend markets and change everything. It wasn't that we didn't recognize that something changed. It was that we recognized that the old economics lens remained useful for looking at the changes taking place. The economics of the "New Economy" could be described at a high level: Digital technology would cause a reduction in the cost of search and communication.