Artificial intelligence (AI) is the ability of a computer or a robot controlled by a computer to do tasks that are usually done by humans because they require human intelligence and discernment.
Throughout the years, AI has progressed from simple Machine Learning algorithms to advanced machine learning concepts such as Deep Learning. This growth in AI has helped companies solve complex issues such as fraud detection, medical diagnosis, weather forecasting and so on
There are several types of AI, including rule-based systems, expert systems, neural networks, and others. Each type of AI works in a different way, but they all rely on algorithms and data to make decisions and predictions.
The benefits of AI include increased efficiency, accuracy, and speed in performing certain tasks. However, there are also potential risks and drawbacks, such as job displacement, biased decision-making, and the potential for misuse.
Machine learning is a type of AI that involves training algorithms on large amounts of data to make predictions or decisions. It is a key component of many AI systems.
AI is expected to change the workforce and job market in significant ways, potentially leading to job displacement and the creation of new types of jobs that require different skills.