Artificial Intelligence
Artificial Intelligence
Overview
Definition
Artificial Intelligence (AI) is the development of computer systems that can
perform tasks typically requiring human intelligence, such as recognizing
speech, making decisions, or learning from data. It allows machines to
solve problems and adapt to new information automatically.
Importance of AI
1. Takes Over Repetitive Tasks: AI handles the boring, repetitive stuff,
freeing people up to focus on creative and meaningful work.2. Unlocks
Hidden Insights: AI can sift through mountains of data faster than any
person could, helping us discover patterns and insights that guide better
decisions.3. Creates Personalized Experiences: From customized
shopping recommendations to personalized learning, AI makes our
everyday experiences feel more tailored and unique to us.4. Tackles
Tough Problems: AI helps solve complex challenges in areas like
healthcare and finance, driving innovation and making life better in ways
we couldn’t before.5. Works Around the Clock: AI systems never need a
break, making them perfect for providing 24/7 support and services,
keeping things running smoothly day and night.6. Boosts Accuracy: By
reducing human errors in things like medical diagnosis or financial
planning, AI helps improve accuracy and trust in the results.
Evolution of AI
Typess
A project retrospective is all about learning and improving. Looking at the
successes and challenges, what can be improved for the next time:-
Processes- Timeline- Goal-setting- Teamwork
Narrow AI(Weak AI)
General AI(Strong AI)
Super Intelligence
Applications
Are there any loose ends to tie up with this project? Are there next steps?
Healthcare
Disease Diagnosis
Personalised Medicines
Finance
Fraud Detection Systems
Automated Trading
Retail
Customer Service
- **Customer Service**: AI-powered chatbots and virtual assistants
handle customer inquiries, provide product recommendations, and
assist with order tracking, offering 24/7 support and enhancing the
shopping experience.
Inventory Management
**Inventory Management**: AI forecasts demand and optimizes stock
levels by analyzing sales data, seasonal trends, and market conditions,
reducing overstock and stock outs.Examples of AI Tools: IBM Watson
Supply Chain,Zebra Technologies
Transporation
Human Resource
Recruitment
**Recruitment**: AI helps screen resumes and match candidates to job
openings, making it easier to find the right fit for a position.
Onboarding
Onboarding: AI-powered chatbots guide new hires through the
onboarding process, answering questions and providing necessary
information.**Talmundo**: Features AI-driven onboarding solutions that
provide personalized training and support for new hires.
Administrative Tasks
**Administrative Tasks**: AI automates routine HR tasks like payroll
processing and benefits management, freeing up time for HR
professionals to focus on strategic activities.**ClickUp**: Utilizes AI to
enhance task management and productivity, helping HR teams
streamline workflows, manage projects, and improve efficiency.
Challenges in Artificial Intelligence
Project Review
This is a great spot to add a summary of the project you are discussing. In
the topics, elaborate on the particulars of your project.
Summary of Project
What was the project's name? Give a short summary of what the project
was and its stated goal.
Timeline:
What was the expected timeline and what was the actual timeline?
Budget:
1. What was the expected budget for this project? 2. What was actually
spent?
Resources:
You can link to any relevant project documents, presentations, assets, or
other items that would be helpful.