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) …
As banks look for places to save time and effort by deploying artificial intelligence software, one logical place is cybercrime and fraud investigations. One reason for this is that the amount of cybersecurity threat information keeps growing as the availability of cybersecurity skills in this country shrinks. According to the Ponemon Institute, organizations receive on average nearly 17,000 malware alerts a week, and the time spent responding to these alerts as well as to inaccurate and erroneous intelligence in general costs 1.27 million annually. The group's research has also found that 19% of all security alerts are considered reliable, but only 4% are investigated. According to IBM, 10,000 security research papers are published every year and over 60,000 security blogs are posted each month, adding to the challenge for small security teams to keep up.
As artificial intelligence software has grown in prominence in recent months, one fear has flowed beneath the surface of many discussions: What will the technology's effect be on jobs? In some cases, AI applications are being designed to automate specific jobs, like that of customer service agents. More broadly, some commentators have suggested the technology could become general enough to perform most tasks currently being performed by workers, whether blue collar or white collar. But Matt Gould, founder and chief strategy officer at Arria NLG, a software company that uses a flavor of AI to produce business reports in natural language, says we have nothing to fear from the coming artificially intelligent future. In this interview, he explains why workers stand to gain far more than they may lose as more and more enterprises adopt AI applications.
This is the year artificial intelligence came into its own for mainstream businesses, at least as a marketing feature. On Sunday, Salesforce.com, which sells online software for sales and marketing, announced it would be adding A.I. to its products. Its system, called Einstein, promises to provide insights into what sales leads to follow and what products to make next. Salesforce chose this date to pre-empt Oracle, the world's largest business software company, which on Sunday evening began its annual customer event in San Francisco. Oracle calls its product Oracle A.I. Elsewhere, General Electric is pushing its A.I. business, called Predix.
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York April 12, 2016. Clinching a job on Wall Street soon may have as much to do with beating an algorithm as nailing the interview. Goldman Sachs Group Inc, Morgan Stanley, Citigroup Inc and UBS Group AG are exploring the use of artificial intelligence software to judge applicants on traits - such as teamwork, curiosity and grit - that help in the workplace but don't always show up on a resume or come through in an interview. Banks are turning to the hiring software at a time when they are under pressure to cut costs and finding it difficult to lure and retain top talent. Bank executives hope that artificial intelligence will help them avoid the expense of problem hires and turnover, industry sources said.
The artificial intelligence software is learning how to recognize early signs of two eye diseases.Video provided by Newsy A link has been sent to your friend's email address. The artificial intelligence software is learning how to recognize early signs of two eye diseases.Video provided by Newsy Newslook
Artificial intelligence that can understand and answer any work-related question it is asked has been made available in the UK for the first time. The computer software, called Starmind, uses machine learning to understand queries, then source answers from previous staff conversations on a subject or track down experts within the company who are able to help. Its creators refer to it as'brain technology', adding its aim is to become a central knowledge bank within any company, an instant database of information that can be accessed by anyone. Artificial intelligence software which understands and answers work-related questions has been made available in the UK. Starmind co-founder Pascal Kaufmann said of the technology: 'Thousands of human brains connected can outsmart any machine today.