Artificial intelligence sounds easy and interesting these days, but behind lies a whole different story. Before starting Artificial Intelligence, first understand what is intelligence,​ to which we call someone an intelligent. It is difficult to define intelligence in one sentence, for an average person it may take even a whole page. So what we can do is to try and generalize the concept of intelligence, than the word artificial is also not unknown for all of us. Here in this article we will reveal you some cool facts about the artificial intelligence and you will find it very interesting to read.

Artificial	Intelligence	Artificial Intelligence
Made or produced by human beings rather than occurring naturally, especially as a copy of something natural.	The ability to acquire and apply knowledge and skills.	Machines made by peoples which have ability to understand

The above tabular scenario can be defined in one sentence as “The ability of machines to think like humans and understand the environment is known as artificial intelligence“.

Artificial intelligence (AI) is a field of computer science focusing on development and study of computer systems able to perform tasks with the same intellectual functionality as human beings, that is, equipped with capabilities to perceive its environment and make appropriate decisions.

Artificial intelligence (AI) is the theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages. These artificial entities are often able to “learn” from their experience and improve their performance over time.

Artificial intelligence (AI), or machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and other animals. Computer science defines AI research as the study of “intelligent agents”: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals. Through AI research, computer scientists seek to create machines that “think” in ways that human beings do, such as by: reasoning, planning, learning, understanding language and other communication systems, perceiving the world, playing games (or competing in strategic games), and solving puzzles or problems.

With Artificial Intelligence, machine learning and predictive algorithms, it is possible to build a system of decision making which helps in making human life easier, manageable and organized.

It assists all the mankind to make faster decisions at lightning speeds with better results. Business is a challenging game that takes time, dedication, and above all, risk. Big risks mean big wins — but they also mean big losses. Thus, it’s only natural to want to succeed in business and make sure you don’t give up before you take your first steps. However, the confidence in knowing that your own decisions will only lead to failure can be daunting to many people. If there was one way to eliminate this fear of failure, would you do anything you could to achieve it? I know I would. Luckily for us, there is such a solution.

Artificial intelligence doesn’t spell doom for humanity yet (not entirely anyway). Instead, it has the potential to help us make better decisions with more help from machines than ever before. Let’s explore how artificial intelligence is going to change how businesses are run throughout the world by looking at how AI helps humans every day — particularly in decision-making.

Artificial intelligence (AI) in business is the use of sophisticated computer technology used to make decisions in business. A decision may be to buy a new widget machine or not, send a marketing plan to department stores or not, fire engineer Jones or not, and so on.

Take a following scenario as an easy example

A businessman want to increase his sales and try many plans and consume a huge part of his money in hiring the best marketing managers, advertising companies and spend lots of his money and time to get promotion of his product to increase its selling but what if he has a machine which works same as marketing managers and saves his time and money both in making better planning for his product promotion and also give higher results than the human decision makings.

Next, I will come back with another article with an easy explanation of AI applications and also with how a machine can think like a human with examples. Stay Connected!

References

Pictures are taking from google images

All the information is taken from a thorough literature review of the latest researches