In 1955, the term “artificial intelligence” was developed to describe a new branch of computer science. As the market for AI technology grows in demand and flourishes, it swiftly and drastically alters numerous aspects of our everyday lives. Several start-ups and internet behemoths are vying for their purchase. We will cover the top 8 Artificial Intelligence Technologies that everyone should be aware of in this post.
Let’s understand what Artificial Intelligence is?
Defining Artificial Intelligence
Artificial intelligence allows a computer system to be taught and then apply what it has learned to new data. This skill is based on arithmetic and algorithms and is limited to the tasks for which the system has been trained.
Consider a chatbot that assists restaurant patrons in booking a table to understand the AI idea better. This chatbot is, by definition, a computer program that has been trained on a large number of booking-a-table inquiries and related responses. That’s how it learns about a normal subject discussion flow. After completing the training, the chatbot will be able to converse with consumers. However, if a consumer asks for meal recommendations rather than reserving a table, the chatbot in question will be of little use because it has not been taught to do so.
Artificial Intelligence Technologies Categories
● Generation Of Natural Language
Even for humans, communicating effectively and efficiently may be difficult. Similarly, processing information by machines is a very different process from processing information by the human brain, and it may be challenging and complicated. Natural Language Generation is a branch of Artificial Intelligence Technologies that transforms text into data and aids computers in communicating their ideas and thoughts as plainly as possible. It’s commonly used to create reports and market summaries in customer support.
● Recognized Speech
Speech Recognition is a technique for converting and transforming human speech into a format that computer programs can understand. Transcribing and converting human language into usable forms is a common occurrence nowadays, and it is increasing quickly. NICE, Nuance Communications, OpenText, and Verint Systems, for example, offer speech recognition services.
● Platforms For Machine Learning
Machine Learning is a branch of Artificial Intelligence as well as a subfield of computer science. Its goal is to create innovative approaches that will allow computers to learn and hence grow more intelligent. Machine learning platforms are increasingly popular because of algorithms, APIs (application programming interfaces), development, training tools, massive data, and applications. They are frequently used for classification and forecasting. Amazon, Fractal Analytics, Google, H2O AI, Microsoft, SAS, Skytree, and Ad text all sell machine learning solutions.
● Virtual Assistants
A virtual agent is a computer agent or software that is capable of communicating with people successfully. Artificial intelligence is now being utilized in customer support through Chatbots and as a competent home manager. Apple, Google, Amazon, Artificial Solutions, Assist AI, Creative Virtual, IBM, IPsoft, Microsoft, and Satisfi are among the companies that offer virtual assistants.
● Management Of Decisions
Artificially intelligent robots can instill logic into AI systems to prepare them for training, maintenance, and tuning. Organizations are already implementing decision management into their apps to propel and execute automated decisions to bring value to the business and make it lucrative. Informatica, Advanced Systems Concepts, Maana, Pegasystems, and UiPath are some firms that offer this service.
● AI Optimized Hardware
Devices are being constructed and employed to conduct AI-oriented activities explicitly, thanks to enhanced and upgraded graphics and central processing units. The AI-optimized silicon chip, which can be put into any portable device, is a good illustration of this. As a result, businesses and organizations are heavily investing in AI to expedite the next generation of applications. Companies such as Alluviate, Google, Cray, Intel, IB, and Nvidia provide this technical service.
● Platforms For Deep Learning
Deep Learning Platforms are a type of machine learning that uses neural circuits similar to those found in the human brain to analyze data and establish patterns for decision-making. Artificial neural networks are used in this cutting-edge technology. Automated voice recognition, picture recognition, and prediction of everything that can be detected in the digital world are just a few of its uses. Deep Instinct, Ersatz Labs, Fluid AI, MathWorks, Peltarion, Saffron Technology, Sentient Technologies, and Leverton are deep learning platform vendors.
● Automation Of Robotic Processes
Robotic Process Automation (RPA) is a term that describes how business processes work by simulating and automating human operations. It’s crucial to remember that AI isn’t designed to take the place of people; rather, it’s meant to assist and complement their abilities. Pega Systems, Automation Anywhere, Blue Prism, UiPath, and WorkFusion specialize in this procedure.
At this moment, it isn’t easy to imagine what our world will be like when more powerful AI emerges. However, there is still a long way to go since AI development is currently at a primitive stage compared to where it is expected. For those pessimistic about AI’s future, this indicates it’s a bit early to be concerned about the singularity, and there’s still time to assure AI’s safety. The fact that we’ve only scratched the surface of AI research makes the future much more intriguing for those who are enthusiastic about the future of AI.
So, if you wish to use AI algorithms in your business, get in touch with the ONPASSIVE team.