The future belongs to artificial intelligence and machine learning, that is for sure. People who are proficient in tasks and skills related to artificial intelligence (AI) or machine learning will possess huge value in the future economy. If you Google the best skills you will need to learn in the future, you will see terms like Data Science, Blockchain Development, Robotics Engineering, and so on.
If you stop paying attention to how these terms spell and start focusing on what they really require, you will find that all of these jobs require you to know concisely about AI and Machine Learning. In this blog post, we will inform you about the artificial intelligence terms of the future that you should know.
Table of Contents
Artificial intelligence (AI)
The hottest thing in the technology world right now is spelled AI or Artificial Intelligence. And this is the first AI term. As the name suggests, it’s about getting computers to perform tasks on their own, in an intelligent way.
For example, there are two clear areas within AI: more specific AI, where the goal is to get the computer to perform a certain task, for example, trading on the stock exchange or driving cars. The second area is more general and is about making computers generally smart enough to be able to do many different things on their own
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Machine Learning
The difference between machine learning and artificial intelligence is not entirely easy to understand. Simply explained, it can be said that machine learning is part of AI, but artificial intelligence terms are more than machine learning. Machine learning is about being able to enter data and then make the machine (computer) understand and draw conclusions from that data on its own.
Even today, with the help of machine learning, computers can determine whether a text is positive or negative. Machine learning is also widely used for communication with people and could in the future replace, for example, customer service at a company.
Automation
This is one of those artificial intelligence terms that many are afraid of. This means that machines and computers are developed, with the help of AI and machine learning, to be able to perform increasingly advanced work.
The concern of the critics of artificial intelligence is that this could lead to mass unemployment of a rarely seen kind and that society must come up with new ways to keep people busy. On the other hand, advocates believe that AI and machine learning can free up a lot of time and lead to completely new opportunities.
Some of the industries that are closest to being “affected” by artificial intelligence (AI) and automation include transport (self-driving cars) and many service professions.
The Internet of Things (IoT)
This concept of AI terms and machine learning has been around for a long time, but it just gets more and more relevant with each passing day. It stands for the integration of ordinary gadgets, clothes, vehicles, and other things with connected gadgets. Clothing that sends data about your workout, for example, or refrigerators that you can control from your phone using Artificial Intelligence.
Mixed Reality
A new artificial intelligence buzzword for a type of AR (augmented reality) mixed with VR. To understand the difference, you need to be aware of both the terms:
VR (Virtual Reality) encloses you as a user in a completely digital world (Oculus Rift, HTC Vive).
AR (augmented reality) puts digital objects on top of reality (Pokemon Go).
MR (mixed reality) places digital objects on top of reality just like AR but also tracks these against objects in reality (Microsoft HoloLens). This means that the virtual objects adapt to what the real environment looks like.
Blockchain
Blockchain is an AI technology that makes it possible to share and verify digital information. In the past, digital information could be shared infinitely (think of copying a file). In the blockchain, though, it is not possible to delete events; you can only add new ones. This makes it much more difficult to falsify or destroy the information that is available, whether it is money transactions or online sites and articles.
Blockchain Artificial Intelligence technology is best known for the well-known cryptocurrency Bitcoin, but there are many other potential areas as well.
Dark Data
The other AI term is “Dark Data.” Today, everything and everyone collects data from everything and everyone, but all the data collected is far from relevant.
It can be anything from individuals who save hundreds of images that they never use, to companies that collect unnecessary data about their customers. Dark data is simply all the data that is saved without having any use for it. The data is saved “just for the sake of it”.
Sharing Economy
This is one of the trendiest artificial intelligence terms, has a few years on its neck, but becomes more relevant the faster the technology develops. The implication is that a new type of economy is emerging that is made possible by the internet, where services can be exchanged and sold easily between people. Examples of such services are Airbnb, Uber, and various other services.
Conclusion
If you’ve arrived here and are reading this section right now, we can assume that you’re very interested in learning more about artificial intelligence terms or, to put it bluntly, making a career in the industry related to artificial intelligence and machine learning in particular.
As you are aware of the basic artificial intelligence terms like artificial intelligence (AI) itself, machine learning, automation, internet of things (IoT), mixed reality, blockchain, dark data, and sharing economy, to mention a few, you are ready to tackle the broad and complex artificial intelligence terms now.
However, if you are finding it difficult to choose one of the best skills that is related to artificial intelligence and machine learning for learning purposes, we would like to inform you here about data science. Data Science is one of the most valuable skills for today and tomorrow, and it is in high demand, but companies struggle to find individuals with good data science skills.
You can choose to join Skill Shiksha Online Data Science Course to start your career as a Data Scientist or Call us at +91 8750505131.
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