BUS101 Chpt. 14 Artificial Intelligence & Automation

What forces drive AI Innovation?

1) Increases in computing power; 2) Availability of large data sets for training; 3) Cloud scalability and apps; 4) Increased device connectivity; 5) New AI techniques; 6) Practical AI apps

The impact of AI includes:

1) reduce costs, 2) increase productivity, 3) Create new services, 4) Find unique solutions to age-old problems; 5) Enable an army of smart devices with new capabilities.

Organizations hope to use AI to....

increase the automation of mundane tasks typically done by humans.

Naive Bayes Classifier

predicts the probability of a certain outcome based on prior occurrences of related events.

IBM's Watson

uses Natural Language Processing (NLP), or the ability of a computer system to understand spoken human language, to answer questions

Efficiency gains and cost reductions over 10 years could be as large as...

$14 t0 $33 trillion

Weak AI

Focused on a single task

Superintelligence

More advanced than human intelligence

AI can be used in the following autonomous systems:

Self-driving cars, robots, commercial drones, agricultural systems, military platforms, surgical systems, and other smart devices.

The goal of AI research is to...

create artificial general intelligence, or strong AI that can complete all of the same tasks a human can

What skills do humans need to develop that machines aren't good at?

Abstract reasoning, systems thinking, collaboration, experimentation, creativity, adaptability, and new undefined problem solving.

Strong AI

Equal to human intelligence for any task