ARTIFICIAL INTELLIGENCE

• Artificial intelligence AI), sometimes called machine intelligence,Is intelligence

demonstrated by machines, in contrast to the natural

• Intelligence displayed by humans and other animals, such as “learning” And

“problem solving. In computer science AI research is defined as the study of
“intelligent agents”: any device that perceives its environment and Takes actions
that maximize its chance of successful achieving its Goals.

• Artificial intelligence (AI) – The study of computer systems that

Attempt to model and apply the intelligence of the human mind.

• For example, writing a program to pick out objects in a picture:

 Ways that People Think and Learn
About Things
If you have a problem, think of a past situation where similar
problem.

• If you take an action, anticipate what might happen next.

• • If you fail at something, imagine how you might have done

things differently.

• If you observe an event, try to infer what prior event might

have caused it.

• If you see an object, wonder if anyone owns it.

• If someone does something, ask yourself what the person's

purpose was in doing that.

Artificial Intelligence (AI) has entered our daily lives like never
before And we are yet to unravel the many other ways in which it
could flourish.
All of the tech giants such as Microsoft, Uber, Google, Facebook,
Apple, Amazon, Oracle, Intel, IBM or Twitter are competing in the
race to lead The market and acquire the most innovative and
promising AI Businesses.
Tuning test
A test to determine whether a computer has achieved English
mathematician who wrote a landmark paper in 1950 that Asked
the question: Can machines think?

He proposed a test to answer the question “How will we know

when We have succeeded?“He said that a machine passes the
test when it successfully generates Responses appropriate
enough to convince the evaluator that it is Human.
In the Turing test, the interrogator must determine which
Respondent is the computer.
THE LOEBNER PRIZE FOR COMPLETING THE TURING TEST

The Loebner Prize is an annual competition in artificial

Intelligence that awards prizes to the computer Programs
considered by the judges to be the most human-Like, using the
Turing Test computer and person arrangement.The contest was
launched in 1990 by Hugh Loebner and there Are bronze, silver,
and gold coin prizes, plus money.

•So far, there have only been winners of the bronze medal and a
$4,000 award.

Silver – a one-time-only prize plus $25,000 offered for the first

program that judges cannot distinguish from a real human

Gold plus $100,000 for the first program that judges cannot
distinguish from a real human in a Turing test that includes
deciphering and understanding text, visual, and auditory input.
 AI IN HEALTHCARE

• Artificial intelligence (AI) plays a crucial role in healthcare

by improving diagnostics, treatment plans, patient care,
and administrative processes. Here’s a breakdown:

• Diagnosis and Medical Imaging: AI helps in interpreting

medical images like X-rays, MRIs, and CT scans, often with
greater accuracy and efficiency than humans. AI algorithms
can detect abnormalities and patterns that might be
missed by human eyes.

• Predictive Analytics: AI can analyze patient data to predict

diseases, potential complications, and outcomes, allowing
for early intervention and personalized treatment plans.

• Drug Discovery and Development: AI accelerates the drug

discovery process by analyzing large datasets to identify
potential drug candidates and predict their efficacy and
side effects. This can significantly reduce the time and cost
of bringing new drugs to market.

• Personalized Medicine: AI helps tailor treatments to

individual patients by analyzing genetic, clinical, and
 lifestyle data. This enables healthcare providers to deliver
more effective and targeted therapies.

• Virtual Health Assistants: AI-powered chatbots and virtual

assistants provide patients with round-the-clock access to
medical information, appointment scheduling, medication
reminders, and basic healthcare advice.

• Administrative Efficiency: AI streamlines administrative

tasks such as billing, scheduling, and patient record
management, reducing errors and improving efficiency.

• Remote Monitoring and Telemedicine: AI enables remote

monitoring of patients’ health data, allowing for early
detection of health issues and reducing the need for in-
person visits. Telemedicine platforms powered by AI
facilitate virtual consultations and remote diagnosis.

• Robotic Surgery: AI assists surgeons in performing complex

procedures with greater precision, reducing the risk of
errors and improving patient outcomes.
Role of AI in finance
AI plays a significant role in finance, including:

• Algorithmic Trading: AI algorithms analyze large datasets to

make trading decisions in milliseconds, optimizing returns
and managing risks.

• Fraud Detection: AI identifies unusual patterns in

transactions to detect and prevent fraud in real-time.

• Risk Management: AI models assess and manage risk by

analyzing market trends, portfolio performance, and
economic indicators.

• Customer Service: AI-powered chatbots provide instant

customer support, answer queries, and offer personalized
recommendations.

• Credit Scoring: AI evaluates creditworthiness by analyzing a

wide range of data, enabling lenders to make more accurate
lending decisions.
 ROLE OF AI IN MACHINE
LEARNING
AI plays a significant role in finance, including:
1. Algorithmic Trading: AI algorithms analyze large datasets
to make trading decisions in milliseconds, optimizing
returns and managing risks.
2. Fraud Detection: AI identifies unusual patterns in
transactions to detect and prevent fraud in real-time
3. Risk Management: AI models assess and manage risk by
analyzing market trends, portfolio performance, and
economic indicators.
4. Customer Service: AI-powered chatbots provide instant
customer support, answer queries, and offer personalized
recommendations.
5. Credit Scoring: AI evaluates creditworthiness by analyzing a
wide range of data, enabling lenders to make more accurate
lending decisions.
6. Predictive Analytics: AI predicts market trends, stock
prices, and customer behavior, helping financial
institutions make informed decisions.
7. Portfolio Management: AI algorithms optimize investment
portfolios based on individual goals, risk tolerance, and
market conditions.
8. Regulatory Compliance: AI automates compliance tasks,
ensuring financial institutions adhere to regulations and
minimize the risk of penalties.
9. Natural Language Processing (NLP): AI analyzes news
articles, social media, and other textual data to gauge
market sentiment and make investment decisions.

Quantitative Analysis: AI performs complex mathematical

calculations and statistical analysis to develop trading
strategies and evaluate investment opportunities.
 ROLE OF AI IN
MANUFACTURING
There are many applications for AI in manufacturing as industrial
IoT and smart factories generate large amounts of data daily. AI
in manufacturing is the use of machine learning (ML) solutions
and deep learning neural networks to optimize manufacturing
processes with improved data analysis and decision-making.
A commonly cited AI use case in manufacturing is predictive
maintenance. By applying AI to manufacturing data, companies
can better predict and prevent machine failure. This in turn
reduces expensive downtime in manufacturing processes. AI in
manufacturing has many other potential uses and benefits, such
as improved demand forecasting and reduced waste of raw
materials. AI and manufacturing have a natural relationship
since industrial manufacturing settings already require people
and machines to work closely together.
The trend toward greater automation in manufacturing settings,
and the massive generation and transmission of data in
manufacturing settings. AI and ML are essential ways to ensure
that organizations can unlock the value in the enormous
amounts of data created by manufacturing machine.
7AI TIMELINE
Challenge and opportunities
in AI
Challenges
1. Ethical Concerns: Ensuring AI systems are developed and
used ethically, addressing issues like bias, fairness, and
transparency.
2.Data Privacy: Protecting personal data used to train AI b
models and ensuring compliance with privacy regulations like
GDPR.
3.Technical Complexity: Overcoming challenges in deep
learning, such as the need for large datasets and
computational resources.
4.Job Displacement: Addressing concerns about automation
leading to job losses and the need for retraining the
workforce.
5.Security Risks: Mitigating the potential for AI systems to be
hacked or manipulated, ensuring they are robust and secure.
Opportunities:

1. Healthcare Advancements: Using AI for disease diagnosis,

personalized treatment, and drug discovery.
2. Automation Efficiency: Streamlining processes in various
industries, leading to increased productivity and cost
savings.
3. Improved Decision-Making: Enhancing decision-making
through AI-driven insights and predictive analytics.
4. Environmental Impact: Utilizing AI to address
environmental challenges, such as climate change and
conservation efforts.
5. Access to Information: Improving access to education and
information through AI-powered tools like language
translation and online learning platforms.