AI(Artificial Intelligence)
What is AI?
Artificial intelligence, or AI, is technology
that enables computers and machines to
simulate human intelligence and problem-
solving capabilities.
On its own or combined with other
technologies (e.g., sensors, geolocation,
robotics) AI can perform tasks that would
otherwise require human intelligence or
intervention. Digital assistants, GPS
guidance, autonomous vehicles, and
generative AI tools (like Open AI's Chat
GPT) are just a few examples of AI in the
daily news and our daily lives.
History of AI.
It may sometimes feel like AI is a recent
development in technology. After all, it’s
only become mainstream to use in the last
several years, right? In reality, the
groundwork for AI began in the early 1900s.
And although the biggest strides weren’t
made until the 1950s, it wouldn’t have been
possible without the work of early experts in
many different fields.
Knowing the history of AI is important in
understanding where AI is now and where it
may go in the future. In this article, we
cover all the major developments in AI,
from the groundwork laid in the early 1900s,
to the major strides made in recent years.
Features of AI.
Artificial intelligence (AI) has many
features, including:
Automated reasoning
AI algorithms can analyze data to help
companies address business needs.
Machine learning
AI uses algorithms and data to mimic human
learning, allowing devices to learn and
improve from their own experiences without
coding.
Natural language processing
AI analyzes natural language data and
converts it into a machine-readable format.
Speech recognition and AI can improve the
accuracy and efficiency of human language
recognition.
Chatbots
Chatbots are a common example of AI in
everyday life. They use machine learning to
analyze large amounts of data and provide a
solution based on a user's response.
Computer vision
AI can help recognize and understand
human perception based on properties. It can
extract information from digital images,
videos, and sequences of images to produce
outputs like image processing, medical
images, and pattern recognition.
Data ingestion
AI systems can work with large amounts of
data, collecting and analyzing it according to
requirements.
Deep learning
A subset of AI and machine learning, deep
learning uses artificial neural networks to
help machines learn from data, especially
unstructured data. It's often used in
computer vision, image, and speech
recognition.
Security
AI can help improve security, especially for
personal and confidential information. For
example, AI-powered fintech software
solutions can help ensure the security of
customer data.
Other uses
AI is also used in banking for digital identity
solutions, predictive analytics, and
streamlining business processes.
