Title: How AI(Artificial Intelligence) Works?
1Artificial
Intelligence
2Agenda
Understanding AI, its applications and importance
in various fields. AI Outline The ability of a
computer or computer-controlled robot to sense
its surroundings and act accordingly like a human.
3Core Areas of AI
Introduction The human brain has the ability to
sense and understand its surroundings and react
accordingly. Our memory stores everything we
see, hear, feel, and do which affects our
reaction the next time we come across a similar
situation. When we pass these intellectual
abilities of the brain to a computer or a
computerized machine (like a robot), it is
artificial intelligence.
Artificial intelligence involves a lot of
aspects as it involves recognition, reasoning,
action, and memory. Following are the 6 major
branches of AI
4Machine Learning
Robotics Designed with a combination of
mechanical, electrical and computer
engineering, most robots are the medium for
applying artificial intelligence.
Neural Network Incorporating algorithms that
enable the machine to act like the human brain.
Robotics The world was introduced to
TradePlus, the online brokerage platform.
Making the robot or computer learn to detect
the environment on its own and make automated
decisions.
5Expert System
Natural Language Processing (NLP) Incorporatin
g algorithms that enable the machine to act
like the human brain.
Fuzzy Logic A technique used for reasoning,
making hypothesis and implement machine
learning.
Enabling a computer or robot to make decisions
like a human being
6AI in Various Sectors
What to Know
AI is used for automating work in plenty of
fields. These include Health Sector
Biomedicine, personalized medical attention,
biotechnology, disease mapping, detecting
consumption patterns, surgical robots, sentiment
analysis
Education Sector Administrative tasks, adaptive
learning, personalized learning, voice
assistants, remote learning, smart
content Business Sector Warehousing, customer
service, manufacturing, chatbots, virtual travel
agent, social media monitoring, eCommerce,
agriculture Technology Self-driving cars,
automation, gaming, surveillance, aerospace,
gadgets, smart assistants Financial Sector
Credit decisions, risk management, quantitative
trading, personalized banking, cybersecurity,
blockchain cryptocurrency
7The primary function of AI is automation. Whether
you are using it on a robot or on a software,
the bottom line is that you are reducing human
labor and effort here. In some cases, AI proves
to be more efficient than humans while in other
cases it eases our work at the primary stage.
8AI Themes-
There are 4 main types of AI- Reactive
machines Limited Memory Theory of Mind Self
Awareness
9The AI market is likely to reach
190.61 billion by 2025.
The annual growth rate of AI between 2020 and
2027 is forecasted to be 33.2. China is most
likely to be the world leader in AI by 2030 with
26.1 global market share. By 2022, companies
are expected to have an average of 35 AI
projects in place. AI might lead to 16
reduction the total workforce in the US by 2030.
Key Statistics
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