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What is Artificial Intelligence?

Glossary  Terms

Artificial Intelligence (AI) refers to the development of computer systems that can perform tasks normally requires a human to accomplish. These tasks include learning, reasoning, problem-solving, perception, and comprehending language. AI is a broad field that includes various subfields and technologies, each contributing to its ability to mimic or enhance natural cognitive abilities.


Key Components of AI


  1. Machine Learning (ML): A subset of AI focused on algorithms that allow computers to learn from and make decisions based on data. Examples include supervised learning (classification and regression), unsupervised learning (clustering), and reinforcement learning.

Task Input labels are provided. Goal is to predict new output.
Task Input labels are not provided Goal is to find patterns.
  1. Natural Language Processing (NLP): Enables machines to understand, interpret, and respond to human language. Applications include chatbots, translation services, and sentiment analysis.

  1. Computer Vision: The ability of machines to interpret and make sense of visual data, such as images and videos. Examples include facial recognition, object detection, and OCR (document recognition).

  1. Robotics: The intersection of AI and engineering that enables machines to perform physical tasks. Examples include industrial robots, delivery drones, and robotic assistants.


Common AI Algorithms

AI systems rely on a variety of algorithms, each tailored to specific tasks:


  • Decision Trees: Used in applications like fraud detection and customer segmentation.


  • Neural Networks: Mimic the structure of the human brain to recognize patterns in complex datasets, used in image and speech recognition.


  • K-Means Clustering: An unsupervised learning algorithm for grouping data points, applied in market segmentation and customer profiling.


  • Genetic Algorithms: Mimic biological evolution to solve optimization problems, such as in scheduling or design.


  • Support Vector Machines (SVM): Effective for classification tasks, such as identifying spam emails.

 

Ethical Considerations in AI

As AI becomes more integrated into society, ethical concerns arise:


  • Bias in Algorithms: AI systems can unintentionally perpetuate biases present in training data, leading to unfair outcomes.


  • Privacy Issues: AI-driven data collection and analysis raise concerns about the misuse of personal information.


  • Job Displacement: Automation through AI may replace jobs, necessitating workforce reskilling.


  • Autonomy and Accountability: Questions about who is responsible for AI decisions, especially in critical applications like healthcare or law enforcement, remain unresolved.



Aaron, President of KINETIC IQ and lead at YPCTO, partners with SMBs to deliver strategic tech leadership. Connect on Linked IN, reach out with any questions, or schedule a time to explore how YPCTO can support your goals.

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