With the advent of Artificial Intelligence, human-machine interaction has not been interwoven into many of our everyday jobs. Over the past few years, technology has made considerable advances in approximating human interaction, especially regarding speech recognition, detecting emotions, visual cues, and voice intonation. From Apple’s Siri to Google Home, these technologies are fast becoming omnipresent and are likely to significantly impact how we perform our jobs in the future. We are rapidly moving towards a workplace where people interact with machines on a routine basis.
What is AI?
Before examining how AI technologies impact business transformation, defining the term is essential. “Artificial intelligence” is a broad term that refers to any computer software that engages in humanlike activities – including learning, planning, and problem-solving.
Calling specific applications “artificial intelligence” is like calling a car a “vehicle” – technically correct, but it doesn’t cover any specifics.
To understand what type of AI is predominant in business, we need to understand the contexts in which AI is used for business transformation. The two flavors predominantly used as synonymous with AI are Machine Learning and Deep Learning.
Machine learning
Machine learning is one of the most common types of AI in development for business purposes today. Machine learning helps put vast troves of data – increasingly captured by connected devices and the Internet of Things – into a representable context for humans. Machine learning can rapidly analyze the data as it comes in, identifying patterns and anomalies. This will facilitate decision-making based on the inference made by the Machine Learning Model.
Continue reading: https://timesofindia.indiatimes.com/blogs/voices/artificial-intelligence-paving-the-way-for-new-age-business-transformation/
What is AI?
Before examining how AI technologies impact business transformation, defining the term is essential. “Artificial intelligence” is a broad term that refers to any computer software that engages in humanlike activities – including learning, planning, and problem-solving.
Calling specific applications “artificial intelligence” is like calling a car a “vehicle” – technically correct, but it doesn’t cover any specifics.
To understand what type of AI is predominant in business, we need to understand the contexts in which AI is used for business transformation. The two flavors predominantly used as synonymous with AI are Machine Learning and Deep Learning.
Machine learning
Machine learning is one of the most common types of AI in development for business purposes today. Machine learning helps put vast troves of data – increasingly captured by connected devices and the Internet of Things – into a representable context for humans. Machine learning can rapidly analyze the data as it comes in, identifying patterns and anomalies. This will facilitate decision-making based on the inference made by the Machine Learning Model.
Continue reading: https://timesofindia.indiatimes.com/blogs/voices/artificial-intelligence-paving-the-way-for-new-age-business-transformation/
