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| Photo: Nanalyze |
Unless we’re talking artificial intelligence – or AI – then investors should be hungry to learn as much as possible about a technology that is becoming as ubiquitous as organic tofu.
The vast majority of nearly 2,000 experts polled by the Pew Research Center in 2014 said they anticipate robotics and artificial intelligence will permeate wide segments of daily life by 2025. A 2015 study covering 17 countries found that artificial intelligence and related technologies added an estimated 0.4 percentage point on average to those countries’ annual GDP growth between 1993 and 2007, accounting for just over one-tenth of those countries’ overall GDP growth during that time.
Interesting numbers – but just what is artificial intelligence? And are robots with AI going to enslave humanity?
We can’t answer the second question, but here’s a good working artificial intelligence definition from a recent U.S. government report called “Preparing for the Future of Artificial Intelligence”:
“Artificial intelligence is a computerized system that exhibits behavior that is commonly thought of as requiring intelligence.”Or more technically speaking, AI is a “system capable of rationally solving complex problems or taking appropriate actions to achieve its goals in whatever real world circumstances it encounters.” In a way, artificial intelligence is about understanding – then recreating – the human mind. And AI is not just about designing computers that mimic how we think, learn and process information, but also how we perceive and feel about the world around us.
Understanding the world of AI only begins with a simple artificial intelligence definition. There’s a whole universe of terminology we need to explore in order to understand the domain before we can invest in it.
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Source: Nanalyze
