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Artificial Intelligence Business: How you can profit from AI
Artificial Intelligence Business: How you can profit from AI

Artificial Intelligence Business: How you can profit from AI: Expert tips and techniques for how to profit from AI

By Przemek Chojecki
NZ$‎46.99 NZ$‎31.99
Book Aug 2020 150 pages 1st Edition
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NZ$‎46.99 NZ$‎31.99
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Publication date : Aug 20, 2020
Length 150 pages
Edition : 1st Edition
Language : English
ISBN-13 : 9781800566514
Category :
Table of content icon View table of contents Preview book icon Preview Book

Artificial Intelligence Business: How you can profit from AI

A short history of Artificial Intelligence

The term artificial intelligence was used the first time in 1955 by John McCarthy, a math professor at Dartmouth who organized the seminal conference on the topic the following year. In 1957 the economist Herbert Simon predicted that computers would beat humans at chess within 10 years (he was slightly wrong, it took 40). In 1967 the cognitive scientist Marvin Minsky said, Within a generation, the problem of creating artificial intelligencewill be substantially solved.Simon and Minsky were both intellectual giants, but they were wrong about AI badly. These dramatic but wrong claims caused various repercussions in how people in the second half of 20th century thought about AI: more as a subject of a science fiction novel than actual science.

The idea of an Artificial Intelligence, automation of certain repetitive processes, dates back to the Cold War when US intelligence was trying to translate Russian documents...

Basic terminology of Artificial Intelligence

Let’s now jump into basic terminology related to AI. When we say Artificial Intelligence we mostly mean machine learning - a domain of computer science that uses learning algorithms able to tune themselves on data provided by a user. The fundamental block of machine learning is neural networks. They are algorithmic systems based on simulating connected neural units,loosely modeling the way that neurons interact in the brain.

As we have mentioned above, these computational models inspired by neural connections have been studied since the 1940s. They have returned to prominence with the rise of computer processing power able to cope with large training data sets and have been used to successfully analyze input data such as images, video, and speech. Deep learning is a subset of machine learning, where neural networks have many layers of neurons (deep network). The more layers you include in your machine...

Statistics related to AI

Following analysis done by AI State Index1, lets review some statistics related to Artificial Intelligence, that will fully show how important this market is becoming (or already is). Its crucial to understand that we are still early when it comes to applied AI, and most of those statistics will grow substantially in the upcoming years. The reason for that is most of the cutting-edge research is still far away from day-to-day business applications either because of the costs of the hardware or the required expertise to apply it. I expect the full AI boom to come within the next ten years when every company will need to implement AI elements to be competitive even at the local scale. This will come in pair with the democratisation of AI: the cost and difficulty of implementation of most algorithms will largely decrease. AI applications will be as available as general cloud storage is now.

Looking at Google Trends one can see that “...

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Key benefits

  • Find out how artificial intelligence is shaping the future of businesses
  • Discover how AI influences the society and its politics and economy
  • Explore the future of AI and its applications

Description

We’re living in revolutionary times. Artificial intelligence is changing how the world operates and it determines how smooth certain processes are. For instance, when you go on a holiday, multiple services allow you to find the most convenient flights and the best hotels, you get personalized suggestions on what you might want to see, and you go to the airport via one of the ride-sharing apps. At each of these steps, AI algorithms are at work for your convenience. This book will guide you through everything, from what AI is to how it influences our economy and society. The book starts with an introduction to artificial intelligence and machine learning, and explains the importance of AI in the modern world. You’ll explore how start-ups make key decisions with AI and how AI plays a major role in boosting businesses. Next, you’ll find out how media companies use image generation techniques to create engaging content. As you progress, you’ll explore how text generation and AI chatbot models simplify our daily lives. Toward the end, you’ll understand the importance of AI in the education and healthcare sectors, and realize the risks associated with AI and how we can leverage AI effectively to help us in the future. By the end of this book, you’ll have learned how machine learning works and have a solid understanding of the recent business applications of AI.

What you will learn

Find out how AI helps in building innovative cultures in enterprises Understand how AI boosts start-ups Discover modern AI trends in the field of manufacturing and logistics Explore the benefits of text and image generation applications Study popular machine learning trends and their usage Uncover the uses of AI in politics and society

What do you get with eBook?

Product feature icon Instant access to your Digital eBook purchase
Product feature icon Download this book in EPUB and PDF formats
Product feature icon Access this title in our online reader with advanced features
Product feature icon DRM FREE - Read whenever, wherever and however you want
Buy Now

Product Details


Publication date : Aug 20, 2020
Length 150 pages
Edition : 1st Edition
Language : English
ISBN-13 : 9781800566514
Category :

Table of Contents

10 Chapters
Introduction Chevron down icon Chevron up icon
A short history of Artificial Intelligence Chevron down icon Chevron up icon
Practical AI and how it is done Chevron down icon Chevron up icon
Powering Enterprises with AI Chevron down icon Chevron up icon
Boosting Startups with Artificial Intelligence Chevron down icon Chevron up icon
One person enhanced with AI Chevron down icon Chevron up icon
Trends in Artificial Intelligence Chevron down icon Chevron up icon
Machine Learning Trends Chevron down icon Chevron up icon
AI, Politics and Society Chevron down icon Chevron up icon
Future of Artificial Intelligence Chevron down icon Chevron up icon

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