Artificial Intelligence is at its peak hype—and still remains a ‘lesser-known’ technology relatively for a fair number of IT professionals. Artificial intelligence is creating a new path for IT explorers as a highly disruptive technology. As a technology, there’s a certain ambiguity around AI as most IT professionals are trying to figure out what it Can and Cannot Do as an Advanced Technology. With the exponential growth in the field of Digital Marketing, AI definitely looks like a real driving force for digital platforms and businesses at least for the next 5 years.
There are no second thoughts that AI since its emergence is going through a quick metamorphosis before it is adopted as a mainstream technology. AI is designed to assist businesses to sieve real business opportunities from mere hype. It helps companies create funnels for optimal output. There are many such technologies that have created the ‘pole-vault’ phenomenon, where businesses are using technologies like AI, Deep Learning, Data Science as a pole and raising the ‘bar’ (read: what’s next) with each successful attempt.
Machine Learning and Deep Learning (NLP- Natural Language Processing) are at the forefront of such expectations. While cognitive and AI are not far behind. All these technologies have the ability to solve problems, make predictive analysis, forecast trend and behaviors by computing huge amount of data captured over a period of time.
For a business, AI increases the value proposition by turning features like insights and analytics to productivity stimulants and value-addition(Time-Money-Manpower).
Through advanced technologies like AI companies channel all their energies around solving customer problems in the most efficient manner possible.
Even though the development in the field of AI has been happening at a neck-break speed, it has only been able to create and cover a single-dimension area of expertise. Most machines and programs are developed to accomplish only one particular set of tasks like a self-driving car or a gaming robot. This limited specialization in one particular task falls under Artificial Narrow Intelligence (ANI) or the ‘weak’ intelligence.
AI as a technology has a long way to go before it can be lay claim to Artificial General Intelligence (AGI) – as smart as a human brain in all fields or ‘strong’ intelligence; and/or Artificial Super Intelligence (ASI) – smarter than the best human brain in all fields.
Artificial Intelligences – devices designed to act intelligently – are often classified into one of two fundamental groups – Applied or General. Applied AI is far more common – like systems designed to intelligently trade stocks and shares, or to maneuver an autonomous vehicle.
AI is helping develop and bring advancement to many industries like
- Computer science
- Heavy industry
- Human Resources
- Toys and games
Generalized AIs – systems or devices which can, in theory, handle any task – are less common, but this is where some of the most exciting advancements are happening today. It is also the area that has led to the development of Machine Learning.
AI is the disruptive technology that companies are willing to invest heavily in when taking into account the promise it has shown so far! Ace and its Partners are helping such companies to be at the forefront, implementing AI in their existing tech-structure to reap the humongous benefits and advantages it brings.
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