Artificial intelligence (AI) is presently one of the hottest buzzwords in technology and with positive reason. The last few years have seen several innovations and growth that have already been solely in the spheres of science fiction slowly convert into truth.
Experts regard artificial intelligence as a factor of production, which can present new sources of growth and change the way work is completed across industries. For example, this PWC article anticipates that AI could potentially contribute $15.7 trillion to the global economy by 2035. China and the United States are prepared to gain the most from the coming
future AI boom, accounting for nearly 70% of the global impact.
What Is Artificial Intelligence?
Artificial intelligence is the process of creating a computer, a computer-controlled robot, or software that thinks wisely as the human mind. AI is completed by studying the patterns of the human brain and by analyzing the cognitive process. The result of these studies develops wise software and systems.
History of Artificial Intelligence
The following past six decades from the beginning of Artificial Intelligence
1956 – John McCarthy compose the word ‘artificial intelligence and did the first AI conference.
1969 – Shakey, the first general-purpose mobile robot, was created. Now Shakey is capable of doing work with a purpose vs just a list of guidance.
1997 – Supercomputer ‘Deep Blue’ was designed completely, and Supercomputer ‘Deep Blue’ defeated the world champion chess player in a match. It was a big achievement for IBM to make this big computer.
2002 – vacuum cleaner was the robot which was first robotic commercially successful. Which was introduced by Electrolux In 1996, named Electrolux Trilobite.
2005 – 2019 – Todayadays, we have voice assistants, robotic process automation (RPA), robots that can dance, smart homes, and other inventions making their start.
2020 – The language’s first model named OpenAI GPT-3, was introduced in May 2020 and was for testing in beta in June 2020. This language model develops text by adopting algorithms that are pre-trained, i.e which have before been given the data which they for necessary executing the task.
Types of Artificial Intelligence
Below are the various types of AI:
1. Purely Reactive
These machines have no memory or data to work with, expert only in one sector. For example, in a game of ludo, the machine looks at the moves and makes the best probable outcome to win.
2. Limited Memory
These machines gather previous data and continue to add it to their memory. They have sufficient memory or experience to make appropriate decisions, but memory is minimum. For example, this machine can advise a restaurant based on the location data that has been collected.
3. Theory of Mind
Theory of mind means robots can think, think and understand like humans. However, a machine based on this type is yet to be made.
This type of machine is the future generation of these new upcoming technologies. They will be wise, sentient, and aware.
Advantages and Disadvantages of AI
Artificial intelligence has its positives and negatives, much like any other concept or innovation. here are some advantages and disadvantages of AI.
- AI reduces human mistakes
- AI never sleeps, so it’s available 24×7
- AI never gets bored always in working mode, so AI can simply handle the continuous tasks
- AI is very fast
- AI is costly to apply
- AI can’t copy human talent
- AI will confirm take place of some jobs, which increases unemployment
- People can become mostly dependent on it
Where is AI used?
Artificial intelligence is generally used to present people with personalized advice based on their previous research and purchases and other online behaviour. AI is most important in commerce, such as product methodology, inventory planning, and logistics. Machine learning, customer relationship boards, internet searches, cyber protection and personal assistants are some of the most common applications of AI. There are some examples of AI software like voice assistants and face unlocking in phones which are mainly used in phones.