3. WHAT IS AN ARTIFICAL
INTELLIGENCE ?
Artificial intelligence is a branch of computer science and
refers to a technique that enables machines to mimic human
behavior. AI can improve on past iterations and become
smarter and more aware, allowing it to improve its capabilities
and knowledge. With AI, machines perform cognitive
functions like learning, planning, reasoning, decision-making,
and problem-solving. AI is a machine’s simulation of human
intelligence, and it could solve major real-world challenges.
This is why we are discussing whether AI is a boon or bane!
5. Applications of Artificial Intelligence
Artificial intelligence applications are numerous and ensure
benefits like improved services, better customer satisfaction,
and behavior forecasts. Some of the crucial applications of
artificial intelligence are
. Smart Assistants
. Chatbots
. Education
. Autonomous Vehicles
. Electronic Commerce
6. Smart assistants
Siri, Google Home, and Amazon Echo are popular smart
assistants and good examples of AI applications. These
devices use natural language processing (NLP) to interpret
the consumer response and respond either verbally or through
the execution of a specific action.
7. chatbots
When you enter a web page, you will find interactive
chatbots that suggest products/restaurants/ hotels/services
based on our queries. Chatbots are computer programs that
simulate and process human conversations. It is one of the
clearest examples of artificial intelligence, as are Amazon’s
Alexa, Apple’s Siri, or Microsoft’s Cortana, which we find
integrated into our everyday devices.
8. EDUCATION
AI makes it possible to detect and
provide the right solutions. For example,
if a student is going to drop out, offer
them alternatives, search for courses that
adapt to the needs of each student,
control class attendance, and prevent
school dropouts.
9. ANTONOMOUS VEHICLES
Artificial Intelligence is the most
important and sophisticated component
of autonomous vehicles. These vehicles
have sensors, cameras, and smart
communications systems that generate
data. This data, in combination with AI,
can help to mimic human behavior and
enable vehicles to perform efficiently.
10. ELECTRONIC COMMERCE
Artificial intelligence is used in e-commerce to –
Recommend related products to the customer
Remind them of the past purchase
Predict whether or not a product will be successful
Optimize inventory and avoid out-of-stock, predict
revenues
11. ADVANTAGES OF AI
Artificial Intelligence reduces human error.
Contributes to risky tasks that it is not possible for humans
to perform, such as exploring the depths of the sea, space
expeditions, etc.
Compared to human labor, AI can perform tasks at long
stretches with constant human intervention.
Companies can rely on AI to safeguard consumer data
12. DISADVANTAGES OF AI
Higher costs are involved because of machine complexity
Since AI automates a lot of tasks, it has made humans addicted to
smart devices and become lazy
AI can easily perform repetitive and heavy tasks and has already
replaced human labor. e.g. Process automation in industries
As of now, AI can not replicate human emotions and connection,
an essential attribute to the team working
AI and machines are programmed to perform functions, so it may
take some time for them to innovate at performing tasks
13. CONCLUSION - 1
Coming to the question of whether AI is a boon
or bane, the answer is tricky. The fear of
omnipotent machines acting like humans isn’t
far-fetched. Elon Musk has repeatedly warned
that AI will soon become just as smart as
humans, and that will be a very scary situation
because humanity’s existence will be at stake.
14. CONCLUSION - 2
Ethics in AI has always been a point of discussion, and
given how successful AI has been in transforming
human lives; we can’t think of our world without its
active role. In the future, we will witness more
revolutionized AI, with autonomous driving and flying
in our daily lives, AI replacing many human-driven
tasks, etc. If humans and AI have aligned interests,
both will go hand in hand; if they don’t, it gets
conflicting.
15. CONCLUSION - 3
We need to discuss at what rate we can
allow the technological revolution to
continue. The future will be very different
for the next generation, and there is a need
to have more stringent policies to use AI to
benefit humans and make groundbreaking
discoveries.
