What is Artificial Intelligence (AI)?
AI is intelligence demonstrated by machines which would typically be traits of the human mind.
There are two types of Artificial Intelligence: narrow AI and general AI.
Examples of this would include smart home devices and recommendations on platforms like Netflix or Amazon.
Currently, Artificial Intelligence does not have agency. A human would have to programme AI to complete the tasks we so often see AI solving.
When I looked up images of AI, most results were a brain which had been infused with technology. Daphne Leprince-Ringuet noted that “artificial intelligence is often associated with humanoid robots, suggesting that technology can match human brains”. Leprince-Ringuet argues that this adds to the myth around AI that they can act independently from humans. Additionally, it is an unlikely portrayal of AI in its deployment.
Why would businesses adopt AI?
Big Data is a further reason why there is investment in artificial intelligence.
Who is interested in it?
For the reasons listed above there is more interest in artificial intelligence. Businesses who can offer AI services are there for organisations who are looking for these benefits. With more interest, there is an expansion of the industry.
However, some people choose not to implement new technologies because they are more resistant to change. There is a comfort in business as usual and organisations are more risk averse.
Should you consider AI?
Some have expressed their concern about AI and intelligent robots. Sir Stephen Hawking spoke about his concerns about AI possibly becoming smarter than humans and cause future problems.
Additionally, there are privacy concerns. AI could figure out what we look at online
Although some believe that AI would take jobs typically reserved for humans, others believe there is not a way AI could become that intelligent, harking back to the understanding of narrow AI.
Serviceteam IT has another blog on our website discussing artificial intelligence’s right to patent. This may also encourage the perception that a machine will develop its intelligence to perform a greater range of tasks.
According to scientists, AI currently remains limited to general tasks and is unable to have complete independence from a human.
AI Businesses
“Broadly speaking, AI companies fall into the following categories:
- Platform companies, providing general-purpose AI APIs to practitioners (e.g., Nuance, PredictionIO, Wise.io)
- Enterprise start-ups, bringing a combination of their core technologies and professional services customization to the wider enterprise, following a model not dissimilar to SAP’s (e.g., Skymind, Predii).
- Product companies focused on specific vertical applications of AI (e.g., Euclid Analytics, HoneyComb, Judicata)”
Numbers for AI this year compared to previous years
- In 2020, of the respondents who mentioned that they were going to deploy emerging technologies in the future, 42% of respondents reported that their organisation was going to implement AI.
- In 2019, 11% of respondents were actively using AI
- In 2018, 15% of respondents were actively using AI, 19.1% of respondents were planning to deploy the technology and 42.7% had longer term interest in the technology.
AI Glossary
AI = intelligence demonstrated by machines which would typically be traits of the human mind.
Robot = an automatic machine which resembles a human and can also replicate human movement.
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