In the age of Digital Transformation, Artificial Intelligence has come a long way from Siri to driverless cars. If you have used a GPS on Google Maps to navigate in your car, purchased a book recommended to you by Amazon or watched a movie suggested to you by Netflix, then you have interacted with artificial intelligence.
Artificial Intelligence is the capability of a machine to imitate intelligent human behavior which relies on the processing and comparison of vast amounts of data in volumes with help of big data analytics, no human being could ever absorb. Stephen Hawking, Elon Musk, Bill Gates have recently expressed concern in the media about the risks posed by AI. According to them, AI will soon replace all kinds of manual tasks and make humans redundant. This could be true in some sense but still this is a far cry from the current maturity levels of AI, which is still at the stage of figuring out real-world use cases.
- Geico is using Watson based cognitive computing to learn the underwriting guidelines, read the risk submissions, and effectively help underwrite
- Google Translate applies AI in not only translating words, but in understanding the meaning of sentences to provide a true translation.
- IBM Watson is the most prominent example of AI based question answering via petabytes of data retrieval that helps in various areas like finance, healthcare & insurance.
e or nature to do things the way we do. All the nine emotions we have learned since then are the inseparable part of our lives. Currently we are in the control of the planet because we are smartest species compared to all the animals. But when, and if machines learns to love or hate, work in peace or retaliate in anger, then it’s not too far that, with the ability to consume & digest the vast amount of data, they will become more smarter & start taking control of the planet. Only then we will be able to know that AI is helping us like Iron Man’s Jarvis or planning to eradicate us like Terminator!!