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Utilisation of Artificial Intelligence in Businesses

   

Added on  2023-01-16

24 Pages7006 Words89 Views
Professional DevelopmentDesign and CreativityTheoretical Computer ScienceData Science and Big DataArtificial IntelligenceMaterials Science and EngineeringPhilosophyStatistics and Probability
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Running head: ARTIFICIAL INTELLIGENCE
Artificial Intelligence
Name of the Student
Name of the University
Author Note
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Table of Contents
Introduction................................................................................................................................2
Goals and objectives of Artificial Intelligence (AI)...................................................................3
Utilisation of Artifical Intelligence in numerous Bunisnesses...................................................8
Need for responsible AI...........................................................................................................12
AI implementation strategy......................................................................................................15
AI maturity assessment............................................................................................................17
Conclusion................................................................................................................................19
References................................................................................................................................20
Utilisation of Artificial Intelligence in Businesses_2

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Introduction
The contemporary stretch of time has been witness to remarkable advanced
developments which has created ripples in the technical ecosystem. One, out of the many
ripples in the world of technology and innovation is the development of Artificial Intelligence
or AI. Artificial intelligence or AI is the simulation of human intelligence processes by self
learning machines or a computer system that interprets the data collected to study and
identify patterns and implement the information to make decisions. The quest for machines to
understand, identify, learn, reason and act intelligently has lead to the development of
Artificial intelligence. The process of acquiring knowledge involves learning of the
recognized data, reasoning to reach a valuable conclusion and lastly self correction. Artificial
Intelligence is a mechanized form of natural intelligence shown by humans. Artificial
Intelligence or Machine Intelligence imitates the cognitive functions and processes of the
human mind to intercept patterns of interaction, learning and problem solving. Currently no
computer system is completely equipped or programmed to portray the wide spectrum of
artificial intelligence. Sooner or later in the next decade artificial intelligence will carve out a
niche for itself as it has already started to display its potential in the field of science,
commerce, healthcare and technology. Artificial intelligence has strong or weak
categorization depending on the task assigned to them. Narrow or weak AI works on a
specified task for which the machine is particularly programmed. A strong AI system
portrays a wide range of human cognitive skills and abilities in its decision making process.
A strong AI when comes in contact with an unfamiliar task, uses the embedded skills to
reason out the situation and device a decision without human intercession.
There are numerous benefits with the use of AI in each of the business filed other than
the much discussed science and technology sector. The use of artificial intelligence will
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improve the quality of services and product delivered which will positively impact the
society. AI as a service is widely incorporated in the vendor offerings. AI as a Service allows
organizations and individuals to experiment the attributes of AI in the field of business to
process orders and sampling of multiple platforms before signing for a commitment [1]. AI
tools present a plethora of functionalities for businesses, but the extensive use of artificial
intelligence raises ethical questions. The reason behind the concerned ethical issues is that
deep learning algorithms underpins the advanced AI tools as they are smart as the data feed
into the system in the training process. Human bias in the case of AI program is inherent and
requires close monitoring of the process [2]. Artificial Intelligence holds the capacity to
solve critical problems and benefiting the society as a whole. There is a general improbable
expectation and discussion about the way artificial intelligence will change the work culture
and other business processes [3]. This aspect calls for a responsible use of artificial
intelligence in individual field of business and technology. The report will discuss in detail
the significant goals of artificial intelligence in every aspect, the greater good the technology
plans to achieve and the responsible call in its utilization of this advanced technology.
Goals and objectives of Artificial Intelligence (AI)
Artificial Intelligence has promising goals for the human race and the services
provided by augmented intelligence outperform human productivity and efficiency. The goals
set by Artificial intelligence initially seems unrealistic to the general, but the truth of the
matter is that, artificial intelligence extends its services beyond human comprehension. The
motive lies in gaining technological singularity in the business filed by eliminating human
intervention [4]. Artificial intelligence plans to take the dominant form intelligence in
services which will annihilate dehumanizing, mortifying and tedious jobs. The goals set by
artificial intelligence are categorized for the numerous sectors it extends its services to. No
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two goals are the same as the line of production differs completely moving from one industry
to the other [5]. Initially the goals set by artificial intelligence seem unrealistic but they are
most realistic in nature. The chief goal of artificial intelligence is to cause exponential
intelligence explosion and where technology is the answer to every critical problem [6]. The
additional important goals of artificial intelligence correspond to all the conventional issues
of the research of artificial intelligence for solving and the subsets as well as the particular
sectors of artificial intelligence which includes machine learning, machine consciousness,
machine intelligence, reasoning, logic implementation, natural language processing, robotics
and computer vision [6]. All of the mentioned attributes build by augmented reality and
delivers exceptional performance. Artificial Intelligence will create a smart, mechanized and
intellectually globally networked being [7].
Machine Learning, Machine Intelligence and Machine Consciousness: Machine learning
involves the arrangements of algorithms used by intelligent machine to conciliate information
from the induced system and from its experience [8]. Machine learning is a chief part as well
as an application of artificial intelligence [9]. Chief goal of machine leaning lies in the
scientific studying of statistical models and algorithm to understand pattern for its implicit
use to efficiently perform a mentioned task. The performance of the specified task involves
the use of data acquired from the scientific analysis and the process does not rely on explicit
instructions but on inference instead [10]. The central concept of machine learning introduces
a significantly different approach compared to traditional computer programming. To be
specific about the functionalities of machine learning, the technology involves development
and utilization of complex computer algorithms that process and analyses Big Data fed into
the desired system. The algorithm uses the data extensively to learn and recognize pattern for
implementation [11]. Machine learning provides multiple opportunities and benefits such as
supplementation of data mining, consistent improvements and automation of the given tasks.
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The real world applications involve ranking of search engines available, delivery of content,
online advertising, autonomous driving and intelligent assistant to list a few [12]. Machine
Intelligence involves the utilization of complex array of algorithms to learn own its own
through experience and comprehension. An example of machine intelligence system is Deep
Neural Networks. Machine consciousness system (MCS) on the contrary gains knowledge
without requiring external data or information. MCS is a self learning and self gaining
system. The applications of these systems lie in multiple fields and cater to several public
services and create ample opportunities for development.
Knowledge representation and Reasoning: The specified field of Knowledge
representation and reasoning or KR&R in artificial intelligence focuses on scheming and
implementation of information which holds the capability to critically process information on
worldly data and use the acquired ability to provide solution to highly complex problems.
Among the many goals of artificial intelligence, the KR&R particularly intends to automate
numerous and different types of reasoning. It includes the complete codification of the factors
of ideas and transitions of the set of facts in one particular scheme which enables easy
interpretation by a computer system [13]. A significant number of knowledge representation
and reasoning application involve the assistance provided to health servers to interpret images
by using computer aided diagnosis [14]. The other applications include the use of human
language as an input to interact with software or computer systems.
Automated scheduling and planning: Automated planning which is referred to as AI
planning is a subset of AI or artificial intelligence. The sector of the artificial intelligence that
is connected with automated generation of the action sequences that corresponds to the
strategies which could be executed by any artificial system like automated robots and
uncrewed vehicles. It can be said that it is one of the many fundamental capabilities that are
Utilisation of Artificial Intelligence in Businesses_6

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