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What is Artificial Intelligence (AI)? Discussion about Benefits, Risks and Uses

This topic has 0 replies, 1 voice, and was last updated 3 years, 4 months ago by Tamil.

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Tamil
Tamil July 19, 2021 at 8:11 am

Artificial Intelligence, also called machine intelligence, is a branch of computer science that entails machines mimicking cognitive functions of the human brain.

AI is already easing us in many ways like:

1) Enhanced Automation
2) Eliminates the Necessity for Humans to Perform Tedious and Time taking Tasks
3) Smart Weather Forecasting
4) Next Generation Disaster Response
5) Zero Scope for Errors

Facts you should know about Artificial Intelligence

1.In the year 2018, the AI market reached $24 Billion, with the anticipated CAGR to reach 37.3 percent for 2017-2022
2. The global spending on AI systems is predicted to arrive at $77.6 Billion in 2022, as per the IDC Spending Guide
3. Artificial Intelligence will give rise to 58 million jobs by the year 2022, as per a Forbes article.
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