Artificial Intelligence (AI) has been around since the early 1900s, but it's recently been applied to business in ways that many people never imagined. Artificial Intelligence (AI) is one of the popular innovations that businesses can utilize to improve operations, save money, and expand their reach. From customer service chatbots to warehouse robots and self-driving vehicles, AI promises to make tasks faster, easier, and more efficient than ever before. Automation makes repetitive tasks easier, saving time and money. For example, artificial intelligence can be used to schedule meetings and alert employees of potential conflicts.

Using your noodle to think things through tends to make things go much more smoothly--even if you're just a high-speed food packaging machine wrapping instant noodles. That's an important lesson gained from machine learning technology used by systems integrator Tianjin FengYuLingKong of Tianjin, China. This form of artificial intelligence (AI) allowed the firm's engineers to develop a multivariable inspection model for one of China's largest producers of noodles. Relying on this model, the control system for the packaging lines can now deduce whether sachets containing spices and dried vegetables for flavoring were placed correctly on the precooked noodle blocks before each block is individually wrapped. This ability is an example of how machine learning and other forms of AI are moving beyond applications like robotics and analytics and into control applications.

There is a debate roaring and it seems to be present every day. But whatever people's views are, it's clear that the implications of AI will have impacts for each and every one of us – both positively and negatively. Over my life time there has been great advances in information and communication technology and this has changed how most of us live, work and play. I just need to think back to University. Facebook was just launching, the iPhone a dream of Steve Jobs and a taxi was something you called a central booking number for.

Readers familiar with our work may want to skip to the Comparing Details heading below. Not because "Technical Analysts" see patterns of past price changes in the stock which may currently fit some part of their folklore and could stir up temporary trading interest. That sector of attention among the investment establishment has, in over 50 years of my observation, consistently failed to provide reliable profitable evidence of the value of studying centuries of stock prices by looking at them in the rear-view mirror. If studying the past can provide some reliable means of dealing with future events, then Artificial Intelligence gets morphed into genuine intelligence thru learning. Our understanding of global and local weather appears to be in this process.

We have, up to this point, had decades of benefits accrued through computing -- but what innovations will push the envelope for our seniors? Artificial intelligence (AI) is the information of science. AI is misunderstood and glamorized by some, making it out to be something other than what it really is. It gives us the ability to use computers to perform tasks that usually require human intelligence. What was dubbed "artificial" is coming to be more appropriately thought to be cognitive intelligence, giving us tremendous benefits in all fields including aging, health, and safety.