AI is Transforming the Digital Economy through FinTech. How its doing that we will answer below by taking help through “Cognitive Ergonomics”. May assuming AI more human then it is.
Machine learning is the process of a machine attempting to accomplish a task, independent of human intervention, more efficiently and more effectively with every passing attempt i.e learning phase. At this point, AI- a machine which mimics the human mind, is still a pipe dream. In the middle we have the meat of the pipeline, the model, which is the machine learning algorithm that learns to predict given input data.
Year 2018 will be known as year of Artificial Intelligence and Intelligence Augmentation for sure.We used to think artificial intelligence was a silly sci-fi concept but when you really look into it, it seems like its been slowly encroaching into most areas of everyday life! AI would become just a computer inside the robot or another software or a brain siting out of human body.
This was the first serious proposal in the philosophy of artificial intelligence, which can be explained as: a science developing technology to mimic humans to respond in a circumstance. In simple words AI involves machines that behave and think like humans i.e Algorithmic Thinking in general. Computers start simulating the brain’s sensation, action, interaction, perception and cognition abilities.
AI is today increasingly used as a wide term to describe machines that can mimic human functions such as learning and problem solving, but was originally founded on the premise that human intelligence can be precisely described, and machines made to simulate it. Technology and non technology companies are now investing and brining out the real and materialistic values of Artificial Intelligence to the real world.