Artificial Intelligence: What do I need to know?

Artificial Intelligence: What do I need to know?

In a lot of movies, AI is portrayed as a bad thing, with the thought that it might become “self-aware” and try to destroy our world with an army of robots. As much as that’s possible, we are very far away from the truth. Let’s take a dive deeper into the subject.

What is AI (Artificial Intelligence)?

AI is the development of computers that can mimic and think like humans. It also refers to any machine that solves problems and has human-like learning abilities.
The main idea behind AI is its ability to make rational decisions and then follow through with the best actions according to those decisions.

Scientists use a lot of data with a lot of fast processing algorithms and specific conditions. When those conditions are met, AI does what’s told.

How is AI being used today?

In our day and age, AI is all around us, from personal assistants like Siri, to search engines on the Internet and much more. We use it more than we actually recognize or give it credit for.

Here are a few ways that AI is being used everyday:

Healthcare:

Artificial intelligence applications in the health care system gives us customized medication and X-ray readings. Individual medical service aides can act as personal assistants, reminding you to take your pills, exercise or to eat better. It’s also being used for many surgical procedures in the operation room.

Retail:

Computer-based intelligence gives virtual shopping abilities that offer customized suggestions and examine buying choices with the purchaser. Stock administration and site design advances will likewise be improved with AI.

Manufacturing:

AI can also dissect information as it streams from associated gear to gauge expected burden and request utilizing intermittent organizations, a particular sort of profound learning network utilized with succession information. Self driving cars are also becoming a major part of AI and perhaps our future lives eventually.

Banking:

In financial establishments, AI methods can be utilized to recognize which exchanges are going to be fraudulent, adapt quick and precise credit scoring, as well as computerize physical information.

What are the risks of AI?

The learning curve on AI is large, especially with the huge amounts of data we can input into it. AI is going to change a lot in our lives and because of that we have to learn and understand its limits. 

A lot of the worry regarding AI comes in the forms of privacy violation or job losses since a lot of the work AI is going to automate in the future is currently done by actual humans.

“I think that kind of argument is really overhyped. I think it overestimates the technology in terms of the speed of advancement.” – Li Deng, Chief AI officer, Citadel.

Final words
We have to work closely with AI, it improves our lives drastically but as we keep advancing the technology. Despite all the positive attributes, AI has brought to the world. There can be some negative implications that should be taken into consideration when using it. 

We can’t stop progress, it’s inevitable.

Technology & Time

Technology & Time

How much time does technology actually save us?

Breaking the ice

We built technology to help us live life easier, right? We use it to save time and spend that time with our loved ones. 

We humans in our current day and age have been reliant on computers, smartphones, e-mails, and recently with social distancing guidelines videoconferencing. 

Human advancements

Being able to send a text message without using ink or paper or having to wait for it to go through a bunch of post offices to reach the recipient saves us a lot of time. What about phone calls?  We can talk directly with the intended person without having to meet them in person. Pretty crazy how far we’ve come as a species.

Smartphones are getting better and better every day, and staying organized is a huge part of saving our precious time. Using our phones to keep up with school, work, as well as family and friends at any time is what this technology is all about. Accessibility is now easier than ever, but so is the ability to get distracted. 

In order for technology to save us time, we have to understand that it is heavily user dependent. A person who is being distracted online by scrolling through social media is not saving time, but instead wasting their valuable time. On the other hand, a person who’s doing their job from home is saving the time of the commute to and from the workplace.

Actual numbers

According to an article written by Gemma Francis for The Independent, Mobile devices were also revealed to save people significant time. For example, the article claims that “mobile phones alone save people approximately 1 hour every week by making navigation more efficient and providing users with updates on traffic and public transport time.”

A poll conducted revealed that modern technology saves an average individual two weeks annually that would be spent on routine banking and shopping activities. For instance, “the survey showed that the amount of time spent in the bank is reduced by forty minutes every week in the last ten years as people embraced online and mobile banking.”

An article written by Alison McGuire for the Irish tech news states that, “at Marriott Hotels, 92 percent of business travelers originating from Spain, the UK, France, and Germany revealed that technology has made it possible for them to have more free time to engage in leisure while on their business trips.”

Final words

In conclusion, technology just like other things can be used for the wrong reasons or for the greater good. We can use it to create something terrible or something beautiful that helps humanity. 
The choice is all yours.

Artificial Intelligence: What do I need to know?

Artificial Intelligence: What do I need to know?

In a lot of movies, AI is portrayed as a bad thing, with the thought that it might become “self-aware” and try to destroy our world with an army of robots. As much as that’s possible, we are very far away from the truth. Let’s take a dive deeper into the subject.

What is AI (Artificial Intelligence)?

AI is the development of computers that can mimic and think like humans. It also refers to any machine that solves problems and has human-like learning abilities.
The main idea behind AI is its ability to make rational decisions and then follow through with the best actions according to those decisions.

Scientists use a lot of data with a lot of fast processing algorithms and specific conditions. When those conditions are met, AI does what’s told.

How is AI being used today?

In our day and age, AI is all around us, from personal assistants like Siri, to search engines on the Internet and much more. We use it more than we actually recognize or give it credit for.

Here are a few ways that AI is being used everyday:

Healthcare:

Artificial intelligence applications in the health care system gives us customized medication and X-ray readings. Individual medical service aides can act as personal assistants, reminding you to take your pills, exercise or to eat better. It’s also being used for many surgical procedures in the operation room.

Retail:

Computer-based intelligence gives virtual shopping abilities that offer customized suggestions and examine buying choices with the purchaser. Stock administration and site design advances will likewise be improved with AI.

Manufacturing:

AI can also dissect information as it streams from associated gear to gauge expected burden and request utilizing intermittent organizations, a particular sort of profound learning network utilized with succession information. Self driving cars are also becoming a major part of AI and perhaps our future lives eventually.

Banking:

In financial establishments, AI methods can be utilized to recognize which exchanges are going to be fraudulent, adapt quick and precise credit scoring, as well as computerize physical information.

What are the risks of AI?

The learning curve on AI is large, especially with the huge amounts of data we can input into it. AI is going to change a lot in our lives and because of that we have to learn and understand its limits. 

A lot of the worry regarding AI comes in the forms of privacy violation or job losses since a lot of the work AI is going to automate in the future is currently done by actual humans.

“I think that kind of argument is really overhyped. I think it overestimates the technology in terms of the speed of advancement.” – Li Deng, Chief AI officer, Citadel.

Final words
We have to work closely with AI, it improves our lives drastically but as we keep advancing the technology. Despite all the positive attributes, AI has brought to the world. There can be some negative implications that should be taken into consideration when using it. 

We can’t stop progress, it’s inevitable.

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