AI augments human intelligence with rich analytics and pattern prediction capabilities to improve the quality, effectiveness, and creativity of employee decisions.
What is artificial intelligence?
Overall Definition:
Using a combination of "products of nature" to perform human logic without the need for any further human input or intervention.
Computer Artificial Intelligence:
Using computers to create algorithms and combinations of algorithms (programs) that can replicate human thinking.
Some AI programs can learn from their past by analyzing complex data sets and improving their performance without the help of humans to refine their programming but they are just "fine-tuning" previous algorithms that make up the AI-Programs.
As AI has boomed in recent years, it’s become commonplace in both business and everyday life. People use AI every day to make their lives easier – interacting with AI-powered virtual assistants or programs. Companies use AI to streamline their production processes, project gains, and losses, and predict when maintenance will have to occur.