In our ever-advancing technological world, it's easy to get lost in the sea of terminology. Understanding these words and phrases is essential for business coverage since AI is everywhere. This post will explain the difference between four computing terms: artificial intelligence, neural networks, machine learning and deep learning. A note before we start: These definitions are drastically simplified to understand the basics. Perhaps one of the most used and least understood phrases in recent years, artificial intelligence, or AI, is a sort of blanket term.

As technology continues to grow, here are some ways you should start thinking about how automation and artificial intelligence will impact local businesses. Automation has already shaken up many blue collar industries, but it's set to change white collar industries as well. Revenue from artificial Intelligence software will grow from a $644 million in 2016 to nearly $39 billion in 2025, according to IBM. As this technology grows, there are many chances for technologists to implement AI into many facets of our lives and careers. We're already used to virtual assistance like Siri and Alexa, and with more sophisticated forms of artificial intelligence these virtual assistants will be able to give us direction on how to get to the store, while also telling us to get better exercise and other life tips.