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) …
The future of work is remote-- at this point, this assertion could easily double as the proverbial war cry of tech's most prolific armchair experts. Undoubtedly, there's ample evidence to support their claims. Over the past decade, growth in remote work careers has ballooned to the tune of 91 percent, with nearly 5 million Americans engaging in business from the comfort of their couches. Even still, there are numerous barriers preventing this lifestyle from becoming the norm, with geographically-dispersed workforces facing seemingly insurmountable challenges of fragmentation, isolation, and miscommunication. But fear not, office dwellers-- artificial intelligence, the most buzzworthy technology trend of modern computing, offers a number of capabilities that may soon serve as the most critical infrastructure in the remote work revolution.
In a fast-moving world, customers require efficiency and promptness when talking to any company. Here is where chatbots and Intelligent Virtual Assistants (IVAs) come into play. Thanks to their ability to engage into more advanced conversations, unlike rule-based chatbots, AI-powered systems are equipped with a multitude of features to assist and even entertain the users in their day-to-day activities. In addition to their customizable features, their self-learning ability and scalability have lead virtual assistants to gain popularity across various global enterprises. According to Grand View Research, the global intelligent virtual assistant market size was valued at USD 3.7 billion in 2019, growing at a Compound Annual Growth Rate (CAGR) of 34.0% over the forecast period.
You must have heard about machine learning as it has become a buzzword. Machine learning is an innovative method of analyzing data that has the capability to automate analytical model building. It is a field of computer science and an important branch of artificial intelligence. Machine learning is based on the revolutionary idea that computer systems could learn from data, just like humans. As a result, they can identify patterns and make informed decisions without resorting to much human intervention. Machine learning is now a keyword in the world of technology.
Have you ever heard the term Artificial Intelligence or its acronym AI? I am sure most of you had and might be looking to know what "AI" really is or might be interested to know more about it. Then the information in this article will surely help you find the answers to the questions you are looking for. Read it fully to be able to really understand AI. Let's start with what AI is? AI is a vast branch of computer science that deals with the simulation of intelligence seen in humans into machines, also referred as machine intelligence, it deals with making such systems, machines, and programs that have human-like intelligence and can do tasks that generally need'human intelligence', the intelligence that is shown in humans like the ability to learn and the problem-solving skills, usually performed by human minds.
The technology of artificial intelligence is moving ahead in racing speeds, and AI is being used in everything from phones and cars to banking and entertainment platforms. In this article, we look at some of the ways AI can help us in everyday life. AI in everyday life Artificial intelligence is a computer science that endeavours to create intelligent machines. Simply put, it is a way of making a computer learn and perform tasks automatically. The technology has existed for years, but the progress, development and implementation of AI are faster and more wide-spread than ever before.
"The only constant in life is change" How many times you have seen a movie or a show and think "This is the future of technology". Well it's not all future anymore, because the future is here! We are currently witnessing a technological revolution in all industry verticals and as one of the most agile industry, events business is one of them. To be on top of the game and facilitate business, events businesses have accommodated and incorporated the change. These are the certain trends that are coming and forward-looking events companies have started embracing them.
Evolution in business concepts and implementation of the latest technology trends are driving the thriving growth of businesses. Among all, artificial intelligence is best known to transform a business by automating the processes and making the tasks seamless. And the inventions like virtual assistant and chatbots are practically implementing these concepts to showcase results that promise skyrocketing growth and boost in business. A virtual assistant is a bot that assists the users to complete tasks throughout the time. By implementing the practical concepts of AI and machine learning, these assistants are created to provide a personalized feel to users and offer excellent user experience.
The global healthcare market was valued at $8,452 Bn in 2018 and the market is expected to grow at a CAGR of 8.9%. The healthcare costs are also rising, and the industry is actively involved in not only reducing the costs of care but also enhancing the overall caregiving. AI technology has mighty applications in the industry, and the outcomes are going to be revolutionizing and impressive if adopted properly. The AI application in healthcare will work towards reducing spending and improving patient outcomes. Currently, the influence of AI in healthcare is still at its nascent stage.
By now, you'll have interacted with chatbots whether it's doing banking, buying online, getting help for a technical issue or searching for a place to stay through a booking site. It might have been a satisfactory experience or quite frustrating but it's the norm now. The big question is how much more advanced will chatbot technology get and will chatbots eventually replace humans in the workforce? Basically, chatbots are virtual robots that are always at work, never go on leave, never get sick and cost a lot less to have on board than their human counterparts. But, just like the Tin Man in the Wizard of Oz, they don't have a heart and it's highly unlikely that for a long time to come they'll be able to adequately replace the personal touch of a living, breathing human.
Researchers in Germany have compiled a list of more than 1,000 words that will inadvertently cause virtual assistants like Amazon's Alexa and Apple's Siri to become activated. Once activated, these virtual assistants create sound recordings that are later transmitted to platform holders, where they may be transcribed for quality assurance purposes or other analysis. According to the team, from Ruhr-Universität Bochum and the Max Planck Institute for Cyber Security and Privacy in Germany, this has'alarming' implications for user privacy and likely means short recordings of personal conversations could periodically end up in the hands of Amazon, Apple, Google, or Microsoft workers. Researchers in Germany tested virtual assistants like Amazon's Alexa, Apple's Siri, Google Assistant, and Microsoft's Cortana, and found more than 1,000 words or phrases that would inadvertently activate each device The group tested Amazon's Alexa, Apple's Siri, Google Assistant, Microsoft Cortana, as well as three virtual assistants exclusive to the Chinese market, from Xiaomi, Baidu, and Tencent, according to a report from the Ruhr-Universität Bochum news blog. They left each virtual assistant alone in a room with a television that played dozens of hours of episodes from Game of Thrones, Modern Family, and House of Cards, with English, German, and Chinese audio tracks for each.