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Showing posts with the label Artificial Intelligence and Business

Week 16 - Where AI is Headed in the Future

Artificial Intelligence is at a point where almost anyone who has access to the Internet has heard of it. But there are still people who do not know for sure what AI is and what its potential uses could be. As it stands, AI is currently used for a multitude of different tasks. Whether it be balancing accounts in a small business or diagnosing patients with physical ailments, AI has the opportunity to succeed at any of these tasks and all of them in between. But with that wide array of tasks that AI is capable of handling, it may seem that there are not many more roads that are left untraveled in terms of new AI capabilities. However, that can all change with a few major advancements in technology, which is not all that far fetched when thinking about the world as a whole. For example, supercomputers that were used to put man on the moon almost fifty years ago have a fraction of the computing power of the computers that are in an everyday household. In fifty years, technology regardin...

Week 16 - Google Banned Use of AI Software for Weapons

Google is a huge component to the development of AI. The amount of advancements that came solely from the large amount of money and man hours spent to create their AI has driven the industry forward. However, Google may be headed down a dark path by signing a contract with the United States Department of Defense. However, after many comments regarding the contract, Google put out a statement stating that they will ban the production of Artificial Intelligence software that is capable of being used in weaponry. But what does this mean for Artificial Intelligence in the business world? Well, simply put, not a whole lot. Google is an extremely large company with even larger amounts of resources capable of being used to push the industry forward and away from AI weapons. However, just because Google banned the development of AI weaponry does not mean some other company or even country may develop it. The biggest point about Google banning the development of AI weaponry is not only to preve...

Week 9 - AI in The Manufacturing Industry

Artificial Intelligence stormed its way in to the Manufacturing Industry due to its precision and accuracy in completing a single task. The sheer amount of versatility that AI has to offer is second to none when it comes to determining which option is the best with regards to Manufacturers. On one hand, Manufacturers can hire humans, who frequently make mistakes and cannot have the precision of an Artificially Intelligent robot or software. With a human worker, one must also pay them a salary or wage. On the other hand, a Manufacturer can have an automated system where there is precision far beyond that which is capable of a human. There is also maximum efficiency to take into account because AI does not take breaks unless it is to repair a malfunction. And finally, Manufacturers solely have to pay for the AI once and that is it. Over the years, the amount of Manufacturers that use AI equipment and machines have risen dramatically due to the above stated reasons. It's simple reas...

Week 9 - Three Ways to Prepare for AI (Adept)

In Surfing The Tsunami An Introduction to Artificial Intelligence and Options for Responding  by Todd Kelsey, he explains the final and best option in order to prepare for AI. The best option is Adept, or actively learning how AI works, and being involved with that process in some way. Listening to some of Kelsey's talks in class, its clear to see that he does not wish for people to drop whatever it is they are learning or are passionate about, in reality, its the opposite. Kelsey is urging his students to incorporate in some way, shape, or form, AI into what they are already passionate about or what they are currently studying. The best thing about AI is that it can be whatever one creates it to be. It is the ultimate tool that will be a necessity in the not too distant future. By incorporating AI into what we are passionate about today, we will be ready for the times ahead when AI is everywhere. https://www.amazon.com/Surfing-Tsunami-Introduction-Artificial-Intellige...

Week 9 - Three Ways to Prepare for AI (Adopt)

Todd Kelsey explains in his book Surfing The Tsunami An Introduction to Artificial Intelligence and Options for Responding, the concept of Adopting AI. Adopt is a step above Adapt. To adopt AI, Kelsey explains, is to incorporate AI systems already out there into ones own business. For example, QuickBooks is an AI software that keeps accounting records automatically without the use of an accountant. Kelsey also goes on to explain that there seems to be no limit to how sophisticated AI can become. With that in mind, one can infer two things. One, robots will inevitably take over the world. And two, the less serious outcome, is that AI will become a pivotal aspect in any future business. So it is best to learn and adopt AI now in order to be ahead of those who do not. Even the simplest of AI additions to one's company may not pay dividends immediately, but the knowledge and experience gained from using and getting familiar with the AI will be extremely useful in the future...

Week 9 - Three Ways To Prepare for AI (Adapt)

In the Book Surfing The Tsunami An Introduction to Artificial Intelligence and Options for Responding by Todd Kelsey, he discusses three ways to integrate oneself into the changing world of AI in order to be ready for AI in the future. The first option, Adapt, is the bear minimum one should do in order to have a leg up on someone else when it comes to AI. When Kelsey talks about adapting, he means to be aware of what the current state of AI is, and to keep tabs on any changes that are made in that industry. By doing this, it enables one to become more aware of the many possibilities that AI has for the future of not only business, but many other industries as well. AI is becoming more and more useful in a multitude of other industries besides business. The medical industry is pushing the boundary with the accuracy of diagnoses in patients by using AI. Even in the gaming industry, AI is becoming more and more prevalent. Recently, Tesla's Owner, Elon Musk and his team ...

Week 9 - Understanding AI Can Be Extremely Beneficial

Knowing how important a role AI plays in the future of business, it's safe to assume that those who are on the AI train will become successful, and those who are not on the AI train — well, good luck. It may or may not be as clear cut as those who understand AI will become successful and those who do not understand AI will not be successful, but with the ever increasing rate of how much AI has been improved upon over the past few years, it may not be a bad idea to learn a little bit about what AI is and how it can improve a business's profitability. Aside from the obvious fact of not paying salaries to employees with jobs that can be done by AI, Artificial Intelligence can sometimes make better decisions than real people. No human being on this planet can say with 100 percent certainty that they are perfect with whatever it is that they do. However, with AI making near perfect decisions is not that far away. With a concept called Deep Learning, it is possible for AI to learn...

Week 9 - AI Is Changing How The Business World Works

Artificial Intelligence, or AI, has grown exponentially over the years. As advancements in computer technology grow, so does the capability of Artificial Intelligence. The functionality of AI in the business world was slow in the beginning. From being able to calculate a number from data using a formula that was manually coded, to now being able to do analyze that same data and produce the best possible option all on its own. The early years of AI were mainly to automate the routine tasks performed by many people. Through the constant development of computer technology, AI is becoming more and more versatile and useful for much more than just the routine. To be able to analyze a set of data, a feat only people with college degrees and years of training could do previously, would be ground breaking for the business world. Instead of paying salaries to many people to analyze the data, a company could pay a one time fee for the AI to be installed and run it from then on — possibly saving ...