AI

AI (59)

The Evolution of Artificial Intelligence

What was once just a figment of fiction and stories in movies, artificial intelligence (AI), has now made way in our everyday lives. AI is evolving — literally from what it once was to something much greater than what many anticipated. The evolution is made possible by a software that borrows concepts from the Darwinian theory of evolution whose basis is on survival for the fittest. This software improves the software without any human input. This is a result of years of hard work and research in AI, which scientists believe could lead to the discovery of higher quality AI in the future.

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Do You Know About These AI Trends

Artificial intelligence, mostly known as AI, has been there for decades. Although it was mainly associated with robots, AI has today become part of almost every industry. From mobile phones and other personal gadgets to home appliances, AI has taken over almost every sector. As the number of sectors embracing AI keeps rising, new AI trends are emerging in the market. Here are some trends that you should expect in 2020 going forward in artificial intelligence.

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Virtual People Are Real

The fear of artificial intelligence and robotics when it comes to jobs being lost has been with us for decades. However, it is also emerging that beauty contestants and Instagram influencers may face stiff competition from automation soon, too.

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Artificial Intelligence - The Good and the Not-So-Good

AI has been hailed as one of the top technologies that will revolutionize the world and change things for the better. However, it is not without some concerns and drawbacks. It is for this reason that many companies and governments are investing billions of dollars in artificial intelligence projects. Due to investments, AI now powers many real-world applications, ranging from robots to facial recognition systems and assistants such as Siri and Alexa. In fact, we barely notice our interaction with AI while using some common real-world applications today.

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64% of people want more regulation to make AI safer

A new survey of 2,000 UK adults by Fountech.ai has revealed the fears people have about artificial intelligence (AI). It found: 

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What Should You Consider When Evaluating AI Solutions?

After almost a decade working in a large, global bank, I can speak to the challenges faced by all three lines of defense in trying to combat financial crime. I can also attest to the effect these processes had on our clients.  As a front-line corporate relationship manager, I frequently had to navigate the KYC, remediation and payment screening process for my clients.

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How AI Influences The Validity Of Online Reviews

You may rely on reviews to be a smart consumer and make a good choice for a purchase, but it’s possible that you’re reading an opinion generated by a machine. The use of AI in online reviews searches for and compiles reviews from multiple sources. In addition, AI has also been employed to write reviews, which makes online shopping even more complex than it already was.

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Can AI be Considered to be Conscious?

Artificial Intelligence (AI) has achieved a lot since it came into existence. However, the main objective has always been to get high-level AI systems that mimic humans in most of the things they do. In essence, the primary objective of AI systems is to function independently, like humans. However, that AI is conscious is no longer a matter of if but when. This was envisioned by Norbert Wiener, the renowned father of cybernetics in his book The Human Use of Human Beings, back in 1950. Although Norbert lived at a time when vacuum tubes were the building blocks of computers that were few at a time, he foresaw how automation would change the society for the better.

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The Snowball Effect Of AI

The history of AI dates back to about 1955 and the first AI device, “The Logic Theorist.” It’s not a new concept. There have been ideas about the potential for AI and the ability for AI to revolutionize our lives for a long, long time. However, it’s only been recently that the practical applications and developments have begun to snowball.

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The Slow But Sure Process To Regulate AI

Regulating emerging technology is a slow process and difficult to keep up. Each proposed rule must be written, reviewed, re-reviewed, edited, debated, and voted on, and then, depending on whether the vote passed or failed, enacted. New discoveries occur at a frantic pace, changing the field and moving the world in new directions. In many ways, it is like shooting at a moving target.

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