What is Artificial Intelligence? Future of AI, Types, Explain

Artificial intelligence simulates how the human mind makes decisions and solves problems using computers and other devices. AI is becoming more common in everyday life, from self-driving cars to the proliferation of smart assistants like Siri and Alexa. As a result, many IT firms from various industries are investing in artificial intelligence technologies.

What is Artificial Intelligence?

Artificial intelligence is a method of teaching a computer, a robot controlled by a computer, or software to think critically and creatively in the same way that a human mind does. AI is achieved by studying cognitive activities and researching human brain patterns. These research projects result in intelligent systems and software. AI can manifest itself in a variety of forms. Several examples include:

  • Chatbots use AI to better understand consumer issues and provide more effective solutions.
  • Intelligent assistants use AI to extract critical information from massive free-text datasets to improve scheduling.
  • Recommendation engines can automatically suggest TV shows to users based on their viewing habits.

One of the hottest buzzwords in technology right now is artificial intelligence (AI), and for good reason. For instance, a PWC report estimates that by 2035, AI might contribute $15.7 trillion to the world economy. With approximately 70% of the worldwide effect, China and the United States stand to gain the most from the upcoming AI boom.

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Types of AI

The following categories of artificial intelligence (AI) can be made based on the way they function:

  1. Reactive Machines AI
  2. Limited Memory AI
  3. Theory Of Mind AI
  4. Self-aware AI

Reactive Machine AI

This category of AI includes devices that only use data that is currently available and take into account the current situation. Reactive AI systems are incapable of drawing conclusions from data in order to determine the best course of action. They can only perform a limited set of predetermined tasks. Reactive AI can be seen in the famous IBM Chess programme that defeated world champion Garry Kasparov.

Limited Memory AI

As the name implies, Limited Memory AI is able to make better judgements by reviewing historical data stored in its memory. Such an AI has a momentary memory that it can use to remember past events and decide what to do next.

Theory Of Mind AI

Concept of Mind A more sophisticated kind of artificial intelligence is AI. This type of machine is thought to have a significant psychological impact. To better understand human beliefs and thoughts, this type of AI will place a strong emphasis on emotional intelligence.

Although the Theory of Mind AI is still being thoroughly researched, it has not yet been fully developed.

Self-Aware AI

It is the stage of artificial intelligence when computers develop their own consciousness and self-awareness. This state of AI has not been achieved yet.

What is Artificial Intelligence

 

History of AI

The term “artificial intelligence” and related technologies are not new to researchers. The AI history milestones listed below show the evolution of AI from its first generation to its current state.

  • In 1943 Warren McCulloch and Walter Pits produced the first piece of work that is today known as AI 1943. They put forth a model of synthetic neurons.
  • In 1949 Donald Hebb presented an updated rule for adjusting the strength of connections between neurons. Hebbian learning is the modern name for his rule.
  • In the year 1950, Alan Turing, an English mathematician, pioneered machine learning. Alan Turing publishes “Computing Machinery and Intelligence,” which includes a test proposal. A Turing test can be used to assess a machine’s ability to exhibit intelligent behaviour comparable to human intelligence.
  • 1955 saw the creation of the “first artificial intelligence software,” Logic Theorist, by Allen Newell and Herbert A. Simon. In addition to finding new and better proofs for some theorems, this programme had proven 38 of 52 mathematical theorems.
  • The year 1956 witnessed American computer scientist John McCarthy coined the term “Artificial Intelligence” at the Dartmouth Conference. AI was originally recognised as a legitimate academic discipline.
  • In 1966 The researchers placed a strong emphasis on creating algorithms that can resolve mathematical puzzles. In 1966, Joseph Weizenbaum invented the first chatbot, which he called ELIZA.
  • The first intelligent humanoid robot, known as WABOT-1, was created in Japan in the year 1972.
  • In 1980 Following a hiatus, AI returned with an “Expert System.” Expert systems that can make decisions like human experts have been programmed.
  • The year 2011 saw IBM’s Watson win jeopardy, a game show where contestants had to tackle challenging questions and puzzles. Watson had demonstrated its ability to comprehend natural language and quickly find answers to challenging problems.
  • In the Year 2012 Google introduced the “Google now” function for Android apps, which allowed users to receive information as predictions.
  • In 2014, the chatbot “Eugene Goostman” won a competition in the infamous “Turing test.”
  • The IBM “Project Debater” excelled in a debate with two master debaters on complicated subjects in 2018.
  • In a demonstration, Google’s artificial intelligence programme “Duplex” took on-call appointments for a hairdresser while the person on the other end of the line was unaware that she was speaking with a machine.

The amount of AI development nowadays is astounding.

What is Promoting the use of AI?

There are three things fueling the growth of AI in different industries:

  • High-performance processing power is available and affordable.
    • Easy access to economical, high-performance computing power is made possible by the abundance of commodity compute power in the cloud.
  • Availability of an infinite amount of data for training.
    • More companies are now able to develop and train AI algorithms thanks to the introduction of various tools for labelling data as well as the simplicity and affordability with which enterprises may store and handle any type and amount of data.
  • Applying AI gives you a competitive edge.
    • Businesses are making it a top priority across the board as they increasingly see the competitive advantage of applying AI findings to business goals. Numerous AI traits and skills might result in decreased costs, less risks, accelerated time to market, and much more.

How Does AI Actually Work?

Large data sets are combined with clever, iterative processing algorithms to create AI systems that can learn from patterns and features in the data they study. An AI system tests and evaluates its own performance after each round of data processing in order to improve.

Building a computer system that can simulate human behaviour and employ human-like reasoning to solve complicated issues is the aim of AI science. AI systems use a wide range of diverse technologies, as well as a long list of methods and procedures, to achieve this goal.

The following industries frequently make use of AI technology:

  • Machine Learning
  • Deep Learning
  • Neural Networks
  • Cognitive Computing
  • Natural Language Processing
  • Computer Vision

Future of Artificial Intelligence

Artificial intelligence has profoundly and subtly altered the world during the past ten years. Every smartphone included voice recognition as a basic proof of concept. Artificial intelligence will advance more in the upcoming ten years than it did in the previous fifty years put together. Its influence will soon affect every part of our lives with innumerable applications to business, government, and personal life that are rapidly approaching.

What Purposes Does Artificial Intelligence Serve?

  • Marketing
  • Banking
  • Agriculture
  • HealthCare
  • Gaming
  • Space Exploration
  • Autonomous Vehicles
  • Chatbots
  • Artificial Creativity

These days, businesses like Google, Facebook, IBM, and Amazon use AI to develop incredible technology. Artificial intelligence has a bright future and will be highly intelligent. What are your opinions on artificial intelligence? Tell us in the comments section below.

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