The robots taking over has always been some form of fear, hyped up by Hollywood movies and sensationalised by scientists looking to make a name for themselves. However, it can't be denied that we are relying on the likes of artificial intelligence more than ever, and it's putting a number of human jobs at risk. In 2020 that is clearly going to continue as industries look for … [Read more...] about AI vs Human: 8 Jobs Future Threatened by AI
Artificial Intelligence
Learn about the latest developments in artificial intelligence and how it is transforming industries around the world. Our website offers insights and resources for understanding AI and its applications.
Trends: How big data is Changing P2P Lending?
Peer-to-peer (P2P) lending platforms facilitate digital, online loans by matching lenders with borrowers. Instead of a bank acting as the lender, the platform connects a multitude of lenders with numerous borrowers, such as consumers or small businesses. The lenders who could be private individuals seeking to invest their money, rather than licensed creditor providers. For the … [Read more...] about Trends: How big data is Changing P2P Lending?
The Dangers of Deepfake Video
It wasn't long ago that a person could cite a video recording as evidence that something occurred. However, that's not the case anymore due to the rise of deepfake video. Deepfakes are pictures, audio recordings or video footage that appear so real that there's no sign of inauthenticity. It's easy to imagine how a person could use a deepfake to assert that a world leader or … [Read more...] about The Dangers of Deepfake Video
Should Consumers Trust AI with High-Stakes Decisions?
Artificial intelligence (AI) is slowly seeping into every aspect of technology. From smart speakers to chatbots, and analytics to automation, AI is becoming the new standard in digital applications and interactions. In fact, the growth of the global AI market in 2019 rose to 154%, and by 2021 it's predicted that 80% of emerging technologies will have AI foundations. Technology … [Read more...] about Should Consumers Trust AI with High-Stakes Decisions?
Improving Operational Efficiency with RPA Process Mining
Robotic Process Automation (RPA) Process Mining is being adopted by various organizations to understand how they can automate their Finance, Business Operations, Customer Support, IT and HR processes to improve their business efficiency. The concept of Process Mining originated in academics but is now occupying an influential space in business and changing the way things were … [Read more...] about Improving Operational Efficiency with RPA Process Mining
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What is artificial intelligence (AI)?
AI refers to the development of computer systems that are able to perform tasks that normally require human intelligence, such as recognizing patterns, learning from experience, and problem-solving.
AI systems can be trained to perform these tasks through the use of algorithms and machine learning techniques, which allow them to analyze and interpret data and make decisions based on that analysis. AI has the potential to significantly improve the efficiency and accuracy of many tasks, and is being applied in a wide range of industries and applications.
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How is artificial intelligence used?
AI is used in a variety of industries, including healthcare, finance, retail, and transportation, to improve efficiency and productivity.
For example, in healthcare, AI can be used to analyze medical images or electronic health records to identify patterns and make diagnoses, while in finance, it can be used to identify fraudulent activity or optimize investment strategies. In retail, AI can be used to personalize customer experiences or predict demand for products.
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What are some examples of artificial intelligence?
Examples of AI include self-driving cars, language translation software, and virtual assistants like Apple’s Siri or Amazon’s Alexa.
Other examples include chatbots that can handle customer service inquiries, predictive analytics tools that can forecast future outcomes, and recommendation engines that can suggest products or content based on user preferences.
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What are the potential risks and benefits of artificial intelligence?
AI has the potential to revolutionize industries and improve our daily lives, but it also raises ethical concerns and the risk of job displacement. One concern is the potential for AI systems to perpetuate or amplify biases present in the data used to train them, leading to unfair or discriminatory outcomes.
There is also the risk that AI could be used to automate tasks or make decisions that have negative consequences for humans.
On the other hand, the benefits of AI include improved efficiency and accuracy, the ability to process and analyze large amounts of data quickly, and the potential to tackle complex problems that are difficult for humans to solve.
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How can I learn more about artificial intelligence?
Datafloq offers a wide range of AI articles. There are many resources available for learning about AI, including online courses, books, and industry events.
Some popular online courses include those offered by Coursera, edX, and Udacity. There are also many books on AI that provide a broad overview of the field or delve into specific topics, such as machine learning or natural language processing.
Attending industry events, such as conferences or meetups, can also be a great way to learn about AI and network with others in the field. It is important to stay up-to-date on the latest developments in the field, as AI is a rapidly evolving field with many new advances and applications emerging all the time.
