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Breaking down the advantages and disadvantages of artificial intelligence

January 10, 2024
in Blockchain
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Artificial intelligence (AI) is a field that combines computer and data science to create machines capable of performing tasks that previously required human intelligence. This includes learning, reasoning, problem-solving, perception, and language understanding. Unlike traditional programming, AI systems can learn from data and improve over time, allowing them to handle complex problems and improve workflows. AI technology has various applications across industries, including minimizing human error, reducing costs, providing real-time insights, and enhancing the customer experience. However, AI development and deployment come with challenges such as data privacy concerns, job displacements, cybersecurity risks, and ensuring AI systems behave as intended. AI operates on three components: data, algorithms, and computing power. Data is divided into training, validation, and test data, and AI systems require large quantities of diverse data to generalize their learning. Algorithms are sets of rules that AI systems use to process data and make decisions, including machine learning, deep learning, and reinforcement learning algorithms. AI systems can be categorized as Artificial Narrow Intelligence (narrow AI) or Artificial General Intelligence (AGI). Narrow AI performs specific tasks, while AGI can perform any intellectual task. Traditional programming requires explicit instructions for the computer to follow, making it suitable for clearly defined problems. However, it struggles with complex tasks that demand human-like perception. AI programming offers advantages over traditional programming, including scalability, the ability to process unstructured data, continuous learning, and automation. AI systems offer scalability, but their lack of transparency and stability can be a challenge. They can automate tasks and run 24/7 without human intervention, improving efficiency and availability. However, automation can lead to job displacements. To maximize the advantages of AI, organizations can leverage IBM Watson, an AI and data platform that enables data management, responsible AI workflows, and easy deployment across the business. While AI presents challenges, it also offers opportunities for businesses to keep pace with a complex and dynamic world.



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