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) …
SAN FRANCISCO: Visualise this: A debate competition in which your most formidable opponent is an Artificial Intelligence (AI) system machine that argues! If you are dismissing it as a scene from a sci-fi movie, hold on: The first public debate competition between a human and a machine unfolded on Monday at the Yerba Buena Centre for Arts in San Francisco when IBM's Project Debater - an AI technology-based computer that resembled a tall speaker -- faced off with 2016 World Debating Championship grand finalist Harish Natarajan on the topic "We should subsidise preschools". Project Debater, which has been developed over the last eight years by IBM researchers across the globe, including India, has been designed to participate in live debates with human debaters. The AI technology, which sources information from different sources including newspaper reports, is expected to lead to unbiased debates that are backed by data and studies. While IBM's Project Debater argued for the topic, Natarajan countered it.
NEW DELHI: Indian companies are shelling out huge premiums for artificial intelligence (AI) talent, as competition intensifies in the job market for a skillset that is hard to find. Everyone from consumer Internet players and technology companies to financial services and automakers is betting big on AI, but the local talent pool for them to tap into is extremely limited. The demand-supply mismatch is driving up salaries. AI professionals are getting 60-80% hikes while switching jobs, compared with an average of 20-30% in other skill areas. Even an entry-level AI role can command a 70%-plus premium over that of a plain vanilla computer science (CS) engineer, say recruitment firms and industry experts.
The landscape of formal education in India is based on a relatively archaic model. Over the last 150 years, not much has evolved. The students still attend brick-and-mortar establishments for schools in order to educate themselves. The system is largely exam-driven, theoretical and impractical. The emphasis is on scoring rather than learning and subsequent application of the knowledge.
The artificial intelligence (AI) sector plays a significant part in resolving some of the most critical difficulties encountered by organisations as well as consumers. The extensive adoption of AI and cognitive processes across all industries will accelerate worldwide earnings for the AI sector from approximately USD 16.06 billion in 2017 to a whopping USD 190.61 billion by 2025! Therefore, enrolling yourself in artificial intelligence courses is an obvious move if you wish to land a satisfactory job in the ever-growing AI field. With the tremendous technological advancement in AI on a global scale, India is one country that is surpassing several other countries in different AI domains. Here are the top seven Indian Startups which are pushing the boundaries in the AI sector in 2018.
Online education in India is unfortunately underrated. Especially when it is touted as the future of education in our country. India's online education market is set to grow to $1.96 billion and almost 9.6 million users by 2021 from $247 million and around 1.6 million users in 2016. This year, it is believed that big data, machine learning, and data science will drive some of the top job opportunities in the country. There has already been a rapid advancement in the digital space that has led to a surge in demand for professionals skilled in the above-mentioned fields.
The evolution of India's insurance sector holds great promise for customers and the entities that operate within the industry. This is the third article in a weeklong series on insurtech. Insurance, one of the oldest industries of modern civilization, is witnessing a tech revolution at breakneck speed. In the days of old, the industry wasn't structured the way we have seen it in the last 100 years, but the need to hedge risks, protect assets and insure them against any kind of loss was prevalent even back then. In India, too, the insurance industry has undergone many structural changes, from being completely government-controlled, to being FDI-friendly to now welcoming new-age tech--artificial intelligence/machine learning (ML), bots, the Internet of Things and analytics.
The Ministry Human Resource Department, in a press release, said that several national tech universities in the country have set up AI centres for education and research and development. These universities include the Indian Institutes of Technology in Kharagpur and Madras and the Indian Institute of Information Technology Design and Manufacturing in Kancheepuram. Also involved are the National Institute of Technology in Silchar and the National Institute of Technology in Bhopal. Their centres will offer courses related to AI, for example, in deep learning foundations and applications, reinforcement learning, probabilistic reasoning, predictive and prescriptive data analytics, system identification, physical cybersecurity, and digital image processing. India's acts and statutes that govern these institutions allow them to freely collaborate with institutions and universities across the world for academic and research.
Welthungerhilfe, one of Germany's largest private aid organisations, in collaboration with the India chapter of Action Against Hunger, has launched an app called Child Growth Monitor. The app uses Microsoft's Artificial Intelligence technology to monitor children's growth and levels of nutrition, and helps in fighting malnutrition. Child Growth Monitor has been launched as a pilot project in India. The app scans nearly 10,000 children under the age of five for signs of malnutrition. It is powered by Microsoft Azure and AI services.
In the past two years, Swiggy, the Naspers, DST Global and Bessemer Ventures-funded restaurant aggregator, has been on a tear. The number of interactions on its platform since October 2017 has gone from 2 billion (across consumers, riders and restaurants) to 40 billion in January 2019. In that time, Swiggy has gone from a business working with 12,000 restaurants to over 55,000; from seven cities to 70; from delivery staff of 15,000 to 120,000. The Bengaluru-based venture has become far more valuable, too -- from $700 million in February 2018 to $3.3 billion by the end of the year. This dizzying growth has meant that Swiggy, a firm founded as recently as 2014, has to look beyond human intervention to keep pace.
Dr Ramasamy Kim is looking at the inside of an eyeball. There is nothing particularly surprising about that: he is head of retina services at an eye hospital in southern India. The image on his computer screen shows the first blush of a condition linked to diabetes that affects millions of Indians – and can lead to blindness. The diagnosis was made not by him, or any other doctor, but by an algorithm. Over the past five years, Kim and his team at the Aravind eye hospital in Madurai have examined about 15,000 images from across the country showing the interior surface of the eyeball, known as the fundus.