AI

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John Doe25 April 2024
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By D. Connie Garzon – M.B.A., C.B.A.

Artificial Intelligence (AI) describes the simulation of human intelligence in machines that are conditioned to think and learn like humans. It is a multidisciplinary discipline that mixes computer science, mathematics, psychology, and other areas to develop intelligent systems. According to Next Move Strategy Consulting, the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars.

One of the essential parts of AI is Machine learning where algorithms allow machines to absorb data and improve their performance over time without explicit programming. Deep learning, a section of machine learning, directs synthetic neural systems inspired by the structure and purpose of the human brain to process and analyze complicated patterns and data.

AI applications are wide-ranging and could revolutionize various industries and domains. For example, AI is used in image and speech recognition systems, virtual personal assistants like Siri and Alexa, autonomous vehicles, recommendation systems, fraud detection, medical diagnosis, and many more.

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avtar
John Doe25 April 2024

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