AI (Artificial Intelligence) is the ability of a computer or robot controlled by a computer to do tasks that are usually done by human beings because they requires human intelligence and discernment. It is said to be a theory and development of computer system able to perform tasks normally requiring Human Intelligence.
As its simplest form , artificial intelligence is a field which combines computer science and robust datasets to enable problem solving.
There are a lot of advantages of AI :-
1-It eliminiates human errors and risks . The first major advantage of implementing AL is that it decreases human errors.
2-24\7 hour availibility as human isn't capable of doing work all the time .
The term “artificial intelligence” may sound intimidating to some, but it has been in use for decades and its applications are more common than you might imagine.
AI assists in every area of our lives, whether we’re trying to read our emails, get driving directions, or start a new business. such as:
Stores and services
Offline experiences etc
Google uses AI to ensure that nearly all of the email landing in our inbox is authentic.Hollywood movies tend to depict artificial intelligence as a villainous technology that is destined to take over the world.
One example is the artificial superintelligence system, Skynet, from the film franchise Terminator. There’s also VIKI, an AI supercomputer from the movie I, Robot, who deemed that humans can’t be trusted with their own survival.
Holywood has also depicted AI as superintelligent robots, like in movies I Am Mother and Ex Machina.However, the current AI technologies are not as sinister .
ARE ROBOTS EXAMPLES OF AL?
After my lot of reseach on AI examples , I have concluded that No , not exactly . Artificial intelligence and robotics are two entirely separate fields. Robotics is a technology branch that deals with physical robots — programmable machines designed to perform a series of tasks. On the other hand, AI involves developing programs to complete tasks that would otherwise require human intelligence. However, the two fields can overlap to create artificially intelligent robots.
Most robots are not artificially intelligent. For example, industrial robots are usually programmed to perform the same repetitive tasks. As a result, they typically have limited functionality.
However, introducing an AI algorithm to an industrial robot can enable it to perform more complex tasks. For instance, it can use a path-finding algorithm to navigate around a warehouse autonomously.
The four artificial intelligence types are reactive machines, limited memory, Theory of Mind, and self-aware. These AI types exist as a type of hierarchy, where the simplest level requires basic functioning, and the most advanced level is — well, all-knowing. Other subsets of AI include big data, machine learning, and natural language processing.
Social media platforms such as Facebook, Twitter, and Instagram rely heavily on artificial intelligence for various tasks.
Currently, these social media platforms use AI to personalize what you see on your feeds. The model identifies users’ interests and recommends similar content to keep them engaged.
An image of a social media feed resembling Facebook.
Social media networks use artificial intelligence algorithms to personalize user feeds and filter unnecessary information like hate speech and posts inciting violence and discrimination. | 200degrees/Pixabay.com
Also, researchers trained AI models to recognize hate keywords, phrases, and symbols in different languages. That way, the algorithm can swiftly take down social media posts that contain hate speech.
Other examples of artificial intelligence in social media include:
Emoji as part of predictive text
Facial recognition to automatically tag friends in photos
Smart filter to identify and remove spam messages
Smart replies for quickly responding to messages
Plans for social media platform involve using artificial intelligence to identify mental health problems. For example, an algorithm could analyze content posted and consumed to detect suicidal tendencies.
Text Editor :-
Several text editors today rely on artificial intelligence to provide the best writing experience.
For example, document editors use an NLP algorithm to identify incorrect grammar usage and suggest corrections. Besides auto-correction, some writing tools also provide readability and plagiarism grades.
MY POINT OF VIEW:-
According to me, AI has bought an increadible change to the technology of the world. It has a lot of advantages as well as disadvantages. It is very fruitful if used right and also have harmful affect if use for irrelavent purposes.We should use it for fair purposes .
Unfair use of such fruitful advancement and technologies should be stop as they also causes choas fr a countyr. AI is also a virus that if not handled properly can cause alot of destruction. SO it should be used wisely.
According to Stephen Hawking.
" The development of artificial intelligence could spell the end of the human race,”
FINANCIAL CRISES BROUGHT ABOUT BY AI ALGORITHMS
The financial industry has become more receptive to AI technology’s involvement in everyday finance and trading processes. As a result, algorithmic trading could be responsible for our next major financial crisis in the markets.
While AI algorithms aren’t clouded by human judgment or emotions, they also don’t take into account contexts, the interconnectedness of markets and factors like human trust and fear. These algorithms then make thousands of trades at a blistering pace with the goal of selling a few seconds later for small profits. Selling off thousands of trades could scare investors into doing the same thing, leading to sudden crashes and extreme market volatility.
Instances like the 2010 Flash Crash and the Knight Capital Flash Crash serve as reminders of what could happen when trade-happy algorithms go berserk, regardless of whether rapid and massive trading is intentional.
This isn’t to say that AI has nothing to offer to the finance world. In fact, AI algorithms can help investors make smarter and more informed decisions on the market. But finance organizations need to make sure they understand their AI algorithms and how those algorithms make decisions. Companies should consider whether AI raises or lowers their confidence before introducing the technology to avoid stoking fears among investors and creating financial chaos.
So , AI is benefial as well as unbenefial. BUT must be used correctly and for fair means.