Artificial Intelligence is the most popular technology in 2021. The hype created by AI in the last decade is unmatchable. The reason behind this hype is its remarkable impact on how we live, work, travel, and do other stuff. It is among those technologies which will bring the fourth industrial revolution. It can change the future in a way that we can’t even imagine.
So, let’s begin this article with a famous quote on AI.
What is Artificial Intelligence?
Machines can perform jobs that require the intelligence shown by human beings and animals. It helps machines to understand and attain certain goals without human supervision.
Types of Artificial Intelligence:
There are three types of Artificial Intelligence, and they are mentioned below:
- Artificial Narrow Intelligence
- Artificial General Intelligence
- Artificial Super Intelligence
Also Read: How is AI changing Web Development?
History of Artificial Intelligence
It all started in 1950 when Sir Alan Turning developed the Turning Test for machine intelligence which determines whether or not a machine can think like a human being.
AI was officially born in 1956 at a summer workshop in Dartmouth College, New Hampshire. It was a group of four people who formed AI John McCarthy, M.L.Minsky, N.Rochester, C.E.Shannon.
In 1964, Joseph Weizenbaum built the first chatbot Eliza, which aimed to trick people, making them believe that they were talking to a human being.
In 1966, Shaky, the first general-purpose mobile robot, was built under the guidance of Charles Rosen.
The period from 1974 to 1980 was termed AI Winter 1. Failure of machine translation, negative results in neural networks, and poor speech understanding all happened during this period. As a result, people lost their interest in Artificial Intelligence (AI), and the government fundings dropped off.
But the people associated with AI kept working on it, and people and the government got hope from AI. Then came the AI Winter 2 (1987-1993): the decline of LISP(programming language), the decline of specialized hardware for expert systems, the collapse of the market of general-purpose computers.
But the researchers didn’t let it go, and then came IBM’s Deep Blue in 1997, which beat the Russian chess grandmaster Garry Kasparov.
In 2005, AI in cars. Stanley and three other self-driving cars drive themselves over 132 miles of mountain road in Darpa Grand Challenge. Stanley won the competition. It was the project of Stanford University lead by Sabastian Thrun.
In 2016, Alpha GO(Google Deep Mind) defeated Human GO player in 19 * 19 games.
Present State of Artificial Intelligence
At present, AI-enhanced technologies and solutions are extensively available. Around 37% of businesses and organizations implement AI. It is present in intelligent applications, chatbots, neural networks, driverless cars, voice-based assistants, and many other. From Apple’s Siri to Amazon’s Alexa, everything is AI-enhanced. Companies are using AI to improve their processes, reduce human error, and analyze big data. Still, we have a lot to achieve. Researchers and engineers are working on AI to take it to the next level, bringing the fourth Industrial Revolution.
Future Scope of Artificial Intelligence
The future of AI is very bright as most companies are opting for complete automation.
Also, most business firms are opting for data analytics and the revolution in the automobile and health industry. Moreover, tech giants have significant investments in AI projects. More than 50% of consumers are confident about AI. The expected global value of AI is $265 Billion by 2027. AI will eliminate around 80 million jobs and will create 100 million new jobs by 2025. All these things ensure that AI is going to stay for a long time.
Artificial Intelligence Applications
Below are some of the major Artificial Intelligence Applications.
- Robotics- Today, robots are present in multiple industries, and the reason behind them is AI. AI has powered robots such that they can work completely autonomously.
- Automated Cars- It is one of the biggest achievements of AI. AI in cars is the future of the automobile industry.
- Stock Market and Finance- Artificial Intelligence in finance has completely changed the stock market scenario. Now, we can analyze profits and losses and even predict the future of the stock market.
- Healthcare- The contribution of AI in the healthcare industry is massive. AI has eased the formation of drugs and medicines which can cure dangerous diseases.
- Voice Assistance- Voice assistance is the pure form of AI; with only a voice command, we can get answers for most of our problems.
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From 1956 to 2021, AI has come a long way. This summer project emerged as one of the best inventions of mankind. Now we have AI in banking, cars, healthcare, industries, home, and almost everywhere. The future of AI is very bright. But it also brings a major threat to mankind. Most futuristic people think that AI will destroy mankind. But many experts say that we don’t need to worry about it. There is a big debate on the future of AI; all we can do is wait for the time