Artificial Intelligence means either computer or machine having a self-learning and decision making ability by itself.
John McCarthy is one of the "founding fathers" of artificial intelligence, together with Marvin Minsky, Allen Newell and Herbert A. Simon. McCarthy coined the term "artificial intelligence" in 1955.
The best example of describing artificial intelligence is Terminator Movie Series (I.e. Role of Skynet)
Artificial Intelligence is of different branches like computer science, mathematics, psychology, linguistics, philosophy, and neuroscience.
But today focus is to develop general AI that can understand the things at all prospects and can able to take decisions as simple as possible.
"Whether or not artificial intelligence (AI) is overhyped depends upon which community you are talking about.
If you are talking about the academic research community, its not over-hyped. There have been major breakthroughs in AI over the past couple of years, and the celebration is certainly justified.
In my own area of object recognition, we went from ~35% accuracy (mean average precision on Pascal VOC) to above 65% in just 3-4 years. Previously, we were advancing by 1-2% per year, despite object recognition being the hottest area of computer vision with the largest fraction of papers appearing in top conferences every year. Deep learning also made major breakthroughs in reinforcement learning, which is what yielded successes in general Atari game playing, and beat world grand master in Go decades ahead of expectations! It has finally enabled speech recognition to achieve useable levels of accuracy.
On the other hand, if you are talking about commercial ventures, then yes. It is over-hyped. Far too many VCs and big company VPs, are funneling money into tech projects that have just been rebranded with the AI tag. This is not any different from the electronics and the web bubbles of a couple decades ago. Having a string of if-then-elseifs in your code doesn't make it AI." Source
Deep Blue was a chess-playing computer developed by IBM. It is known for being the first computer chess-playing system to win both a chess game and a chess match against a reigning world champion under regular time controls.
Deep Blue was solely designed by IBM to beat Mr. Kasparov at his own game. The fact that a machine could calculate 200 million possible chess positions in a second or that Gary Kasparov was capable of outwitting that machine.
Today, Watson is enjoying a career in several industries, including most recently, helping people learn how to cook amazing recipes.
Key players in machine learning include big cloud players like Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and IBM. Nuance Communications (NASDAQ:NUAN) is the top "pure play" in natural language processing.
Now a day it is the subject and people are pursuing master in these. Undoubtedly, Artificial Intelligence can affect the human life in next decade. Here are some facts:
- Sony created a robotic dog called Aibo, one of its first toys that could be bought and played with. It could express emotions and could also recognize its owner. This was the first of its kind, however, today you will find more expensive and evolved versions of the same.
- At the rate at which Artificial Intelligence is being adopted in various areas of our lives, it is predicted that it will replace 16% of our jobs over the next decade.
- With Machine learning and language recognition, it is no surprise that 85% of telephonic customer service jobs will be performed by computers and will not need human interaction.
- Research firm Markets and Markets estimates that the AI market will grow from $420 million in 2014 to $5.05 billion by 2020, thanks to the rising adoption of machine learning and natural language processing technologies in the media, advertising, retail, finance, and healthcare industries.
- There are many experts who are concerned by Artificial Intelligence, including Tesla founder Elon Musk — he just recently publicized his $10 million dollar investment in 37 research projects to make sure A.I. never gets the upper hand.
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