Definitions of Artificial Intelligence

There's a lot of buzz around artificial intelligence at the moment and the term AI seems to be thrown around a lot and before we head over to the topic, let's first clear the definitions of Artificial Intelligence. The official idea and definition of AI were first coined by Jay McCartney in 1955 at the Dartmouth Conference.

- Shintu Dhang

According to Wikipedia, the AI defines as “The theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.” If we put in simple words, it is a robot which has its own programmed artificial intelligence that made it talk exactly as if it were a human being.

In the upcoming years, AI will completely take over all of the tasks that humans execute today. Let’s take a glimpse into the vision of Artificial Intelligence in our daily lives.

BANKING SECTOR

Banks are adopting AI technology to handle numerous bank activities every day. It can handle work like financial transactions, Investing in stocks, Managing different properties and much more. Using AI to handle any banking activity can beat humans easily on every trading challenges. AI can also be useful for the banks to offer their customers with a quick solution.

MEDICAL FIELD