Artificial Intelligence

Artificial intelligence(AI) and machine learning refers to the ability of machines to learn and act intelligently – meaning they can make decisions, carry out tasks, and even predict future outcomes based on what they learn from data.

AI and machine learning is the foundation on which many other technology trends in this book are built. For instance, without AI, we wouldn’t have achieved the amazing advances on the Internet of Things (IoT, Trend2), virtual reality (Trend8), chatbots (Trend11), facial recognition (Trend12), robotics and automation (Trend13), or self-driving cars (Trend14)–to name just a few.

But what exactly is AI and machine learning, and how does it work? In very simple terms, AI involves applying an algorithm (a rule or calculation) to data in order to solve problems, identify patterns, decide what to do next, and may be even predict future outcomes. Crucial to this process is an ability to learn from data and get better at interpreting data over time. And this is where the machine learning part comes in. Machine learning is a subdiscipline of AI, and it involves creating machines that can learn. (“Machines” by the way, may include computers, smart phones, software, industrial equipment, robots, vehicles, etc.).

Source: TECHTRENDS IN PRACTICE THE 25TECHNOLOGIES THAT ARE DRIVINGTHE 4TH INDUSTRIAL REVOLUTION by BERNARD MARR