Most of us would agree that AI has the potential to change our lives dramatically over the next decade. That said, most people completely do not know exactly why it’s important.
This article is to break down the most important reasons you should be paying attention to AI.
What Does Artificial Intelligence Do?
To put it simply, AI is a computer program that can learn how to do things. For example, an AI program may be to recognize a dog. It would then be able to look at a picture and say with confidence. If it had seen a dog before. Or if it was given a description of a dog, it could tell you the animal in question is, in fact, a dog.
AI programs are nothing more than algorithms designed to solve problems. They are to take what they’ve learned and apply those learnings to situations that they haven’t encountered before. The more learning ability the AI has. The better it can figure out how to solve problems without having to simply copy.
What Can Artificial Intelligence Do?
The first thing that people think about when they hear about AI is driverless cars or robots doing housework. These are great examples of what AI can do; however, there are many other ways that people use AI every day without even realizing it. For example, people often use search engines for information about products and services.
These search engines use AI to compile their lists of products and services. Then based on your search criteria and other parameters that you set in order to make the search more relevant.
Not only does this make your life easier. But it allows you access to literally millions of products and services. That would otherwise be impossible for you to find on your own in such a short amount of time.
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AI also plays an enormous role in creating modern technology. Many companies have developed computers that are capable of analyzing large amounts of data at an incredibly fast rate which allows them to make predictions about future events based on trends determined by this data analysis.
This makes AI essential for companies producing software technology as well as financial institutions producing investment recommendations or tools for predicting where markets will go in the future. In fact, almost any company involved in data analysis uses some level of AI algorithms in its product or service offerings. Banks offer credit cards based on how likely they believe you are to pay off the balance (and thus not charge fees).
Companies like Facebook offer ads targeted towards your likes and interests based on data analysis as well.
In fact, Facebook recently announced that it was developing a messaging app entirely based on artificial intelligence. It will be able to determine the context in which you’re communicating with your friends and suggest relevant emojis as well as text responses to fit the context of the conversation.
This is just one example of how AI is being used in our daily lives with no one even realizing it. There’s a good chance that you use dozens of AI products or services every single day without realizing it.
Why Should You Be Concerned About Artificial Intelligence?
The short answer to this question is: that there’s no need for you to be concerned about AI. Like most things, there are ways that AI can be used for evil purposes, but thankfully these are few and far between. As long as you don’t break any laws while using an AI product, your personal data remains private, and you aren’t using any computational resources to do something illegal, then there’s nothing to worry about.