In this thought-provoking Slideshare presentation, we delve into the fascinating world of Artificial Intelligence (AI) and explore the reasons behind its rapid rise and impact on various industries. From automation to machine learning, AI is revolutionizing the way we live, work, and interact. Discover the key drivers behind AI's dominance, the benefits it offers, and the potential challenges we may face as AI continues to shape our future. Join us as we unravel the mysteries of AI and understand why it's becoming an indispensable force in today's world.
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Why AI is Taking Over the World?
1. Why AI is Taking Over the
World?
Discover the reasons behind the immense popularity of Artificial Intelligence!
by Saba Ghazan
SG
2. What is AI?
Machine Learning
A type of AI that allows software
applications to become accurate
in predicting outcomes without
being explicitly programmed.
Natural Language
Processing
A field of AI that enables
machines to understand, interpret,
and generate human language.
Robotics
A field of AI that specializes in
creating robots that can perform
multiple tasks autonomously or
with minimal human intervention.
3. The History of AI
1
The Birth of AI
The concept of AI
was first introduced
in 1956 at the
Dartmouth
Conference by
mathematicians and
computer scientists,
who believed that
machines could be
made to think like
humans.
2
AI Winter
In the late 1960s
and 1970s, AI
research faced a
severe setback, and
funding was cut due
to failed promises,
unrealistic
expectations, and
lack of
achievements.
3
Resurgence of
AI
AI research and
development picked
up pace again in the
1980s with the
invention of
machine learning
and a renewed
interest in expert
systems.
4
The Present
Day
With the rise of big
data, cloud
computing, and
deep learning, AI
has become more
accessible, efficient,
and scalable than
ever before.
4. Applications of AI
Healthcare
AI is enabling revolutionary medical
breakthroughs, from diagnosing diseases to
creating personalized treatment plans.
Finance
AI is helping financial institutions to automate
mundane tasks, prevent fraud, and optimize
investments.
Manufacturing
AI is empowering factories with autonomous
control systems, predictive maintenance, and
quality control.
Marketing
AI is transforming the way businesses market
their products, from predicting consumer
behavior to creating targeted campaigns.
5. Impact of AI on Society
Automation
AI-powered automation may
displace certain jobs and change
how we work and live in the
future.
Privacy
AI algorithms may infringe on
personal privacy by collecting,
analyzing, and storing data from
multiple sources without consent.
Safety
AI-enabled autonomous vehicles
may pose risks if not regulated
and tested rigorously for safety
and reliability.
6. Advantages of AI
1 Automation
AI can automate time-
consuming and repetitive
tasks, freeing up humans for
more creative and higher
value activities.
2 Prediction
AI can analyze vast amounts
of data and predict outcomes
with higher accuracy and
speed than humans.
3 Personalization
AI can personalize products, services, and experiences based on
individual preferences and needs.
7. Disadvantages of AI
Job Displacement
AI may replace human workers
in some industries, leading to
job loss and social inequality.
Algorithm Bias
AI algorithms may be biased
against certain groups,
perpetuating unfair and
discriminatory practices.
Security Risks
AI systems may be vulnerable
to hacking, data breaches, and
cyber attacks, leading to loss of
privacy and financial damage.
8. The Future of AI
Human-Level
Intelligence
Some experts predict that digital
AI will surpass human intelligence
by 2060.
Social Robots
AI-enabled robots will become
more human-like and integrated
into our daily lives, including
education, healthcare, and
entertainment.
Space Exploration
AI will play a critical role in
enabling interstellar travel and
discovering new frontiers in
space.