DEFINITION:It refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions.
This term is applied to any machine that exhibits trait associated with a human mind such as learning and problem solving. Other actions like speech recognition and planning are also a part of it.
PRINCIPLE:AI is based on the principle that human intelligence can be defined in a way that a machine can easily mimic it and execute tasks of variable complexity.
The ideal characteristic of AI is its ability to rationalize and take actions that have the best chance of achieving a specific goal.
Algorithms often play a very important part in the structure of AI.
APPLICATIONS:The applications for AI are endless.
- HEALTHCARE INDUSTRY:
a. drug dosage – As dosage varies due to differences in patient’s weight, other ongoing drugs and co-morbidities, AI can
b. surgical procedures, robotic surgeries are new ways to deal complex surgical procedures.
c. diagnostic studies, remote areas where availability of skilled radiologists is not available, AI can help read imaging studies like CT scans and MRI’s to quickly read and help in patient management.
2. FINANCE INDUSTRY:
a. Used to detect and flag activity in banking and finance such as unusual debit or credit card usage and large account deposits. All of which help a bank’s fraud department.
b.It also helps make trade easy and streamline the same, by making supply- demand and pricing of securities easier to estimate.
3. SELF DRIVING CARS:
Each of these machines must weigh the consequences of any action they take, as each action will impact the end result. In chess, the end result is winning the game. For self-driving cars, the computer system must account for all external data and compute it to act in a way that prevents a collision.
Since its beginning, AI has come under scrutiny from scientists and the public alike. One common theme is the idea that machines will become so highly developed that humans will not be able to keep up and they will take off on their own, redesigning themselves at an exponential rate.
Another is that machines can hack into people’s privacy. Other arguments debate the ethics of AIand whether intelligent systems such as robots should be treated with the same rights as humans.
Self-driving cars have been fairly controversial as their machines tend to be designed for the lowest possible risk and the least casualties. If presented with a scenario of colliding with one person or another at the same time, these cars would calculate the option that would cause the least amount of damage.
Another contentious issue many people have with AI is how it may affect human employment. With many industries looking to automate certain jobs through the use of intelligent machinery, there is a concern that people would be pushed out of the workforce. Self-driving cars may remove the need for taxis and car-share programs, while manufacturers may easily replace human labor with machines, making people’s skills more obsolete.
By: Srushti Tated,
4b Roll no- 17