Lesson 1 of 5By Nikita Duggal
Last updated on Nov 29, 2020330619Artificial intelligence (AI) is currently one of the hottest buzzwords in tech and with good reason. The last few years have seen several techniques that have previously been in the realm of science fiction slowly transform into reality.
Experts look at artificial intelligence as a factor of production, which has the potential to introduce new sources of growth and change the way work is done across industries. According to the report, How AI Boosts Industry Profits and Innovations, AI is predicted to increase economic growth by an average of 1.7 percent across 16 industries by 2035. The report goes on to say that, by 2035, AI technologies could increase labor productivity by 40 percent or more, thereby doubling economic growth in 12 developed nations that continue to draw talented and experienced professionals to work in this domain.
This Simplilearn article on What is Artificial Intelligence provides an overview of AI, its most popular industry applications, potential career paths, and how certification can help you jumpstart your career in this fast-growing field.
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Here’s a brief timeline of the past six decades of how AI evolved from its inception.
1956 - John McCarthy coined the term ‘artificial intelligence’ and had the first AI conference.
1969 - Shakey was the first general-purpose mobile robot built. It is now able to do things with a purpose vs. just a list of instructions.
1997 - Supercomputer ‘Deep Blue’ was designed, and it defeated the world champion chess player in a match. It was a massive milestone by IBM to create this large computer.
2002 - The first commercially successful robotic vacuum cleaner was created.
2005 - 2019 - Today, we have speech recognition, robotic process automation (RPA), a dancing robot, smart homes, and much more to come.
After knowing the history, let us understand what is artificial intelligence.
Artificial Intelligence is a method of making a computer, a computer-controlled robot, or a software think intelligently like the human mind. AI is accomplished by studying the patterns of the human brain and by analyzing the cognitive process. The outcome of these studies develops intelligent software and systems. Researchers extend the goals of AI to the following:
Some of the tasks performed by AI-enabled devices include:
Let us look at the types of AI in the next section of the What is Artificial Intelligence article.
Below are the various types of AI:
These machines do not have any memory or data to work with, specializing in just one field of work. For example, in a chess game, the machine observes the moves and makes the best possible decision to win.
These machines collect previous data and continue adding it to their memory. They have enough memory or experience to make proper decisions, but memory is minimal. For example, this machine can suggest a restaurant based on the location data that has been gathered.
This kind of AI can understand thoughts and emotions, as well as interact socially. However, a machine based on this type is yet to be built.
Self-aware machines are the future generation of these new technologies. They will be intelligent, sentient, and conscious.
Let us continue this article on What is Artificial Intelligence by discussing the applications of AI.
Machines and computers affect how we live and work. Top companies are continually rolling out revolutionary changes to how we interact with machine-learning technology.
DeepMind Technologies, a British artificial intelligence company, was acquired by Google in 2014. The company created a Neural Turing Machine, allowing computers to mimic the short-term memory of the human brain.
Google’s driverless cars and Tesla’s Autopilot features are the introductions of AI into the automotive sector. Elon Musk, CEO of Tesla Motors, has suggested via Twitter that Teslas will have the ability to predict the destination that their owners want to go via learning their pattern or behavior via AI.
Furthermore, Watson, a question-answering computer system developed by IBM, is designed for use in the medical field. Watson suggests various kinds of treatment for patients based on their medical history and has proven to be very useful.
Some of the more common commercial business uses of AI are:
From extensive data consisting of fraudulent and non-fraudulent transactions, the AI learns to predict if a new transaction is fraudulent or not.
AI is now automating most of the online customer support and voice messaging systems.
Using machine learning algorithms and ample sample data, AI can be used to detect anomalies and adapt and respond to threats.
Siri, Cortana, Alexa, and Google now use voice recognition to follow the user's commands. They collect information, interpret what is being asked, and supply the answer via fetched data. These virtual assistants gradually improve and personalize solutions based on user preferences.
The next section of the What is Artificial Intelligence article discusses the future of AI.
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Considering the growing adoption and popularity of AI, we can imagine how things would change for humans in the future.
Some of these robotic uses are already in development, and companies are trying to bring them to common people in a commercial business fashion. Your imagination can take this to the next level.
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Simplilearn’s Artificial Intelligence Master’s Program, in collaboration with IBM, gives training on the skills required for a successful career in AI. Throughout this exclusive training program, you'll master Deep Learning, Machine Learning, and the programming languages required to excel in this domain and kick-start your career in Artificial Intelligence.
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Now that you know what is artificial intelligence, mentioned below are the reasons why you should get an AI certification.
Here are the top reasons why you should get a certification in AI if you’re looking to join this exciting and growing field:
One in five companies will be using artificial intelligence to make decisions. AI will help companies offer customized solutions and instructions to employees in real-time. Therefore, the demand for professionals with skills in emerging technologies like AI will only continue to grow.
AI is expected to create 2.3 million jobs by 2020, according to a recent Gartner report. What’s more, the Capgemini report found that 83 percent of companies using AI say that technology is leading to the creation of new jobs.
Because of AI, new skill sets are required in the workforce, leading to new job opportunities. Some of the top AI roles include:
Many of the top tech enterprises are investing in hiring talent with AI knowledge, according to a Fortune article. The average Artificial Intelligence Engineer can earn $135,000 per year, and AI certification is a step in the right direction to enhance your earning potential and become more marketable.
If you are looking to join the AI industry, then knowing what is Artificial Intelligence is just an initial step. A certification like Simplilearn’s Artificial Intelligence Engineer will help you reach the interview stage as you’ll possess skills that many people in the market do not. Certification will help convince employers that you have the right skills and expertise for a job, making you a valuable candidate.
Artificial Intelligence is emerging as the next big thing in technology. Organizations are adopting AI and budgeting for certified professionals in the field, thus the growing demand for trained and certified professionals. As this emerging field continues to grow, it will have an impact on everyday life and lead to considerable implications for many industries.
Nikita Duggal is a passionate digital nomad with a major in English language and literature, a word connoisseur who loves writing about raging technologies, digital marketing, and career conundrums.
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