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A thing of prosperity brings a joy forever. Everyone looks for a brighter future. All are aspiring to have happier times in life. We want more done by spending less of resources of time, money and effort. Be he a doctor, farmer, trader, scientist, transporter, manufacturer, educationist, researcher, service provider, space exploration expert and so on. Question is how to achieve a prompt solution to transform the present situation to jump start the pace of prosperity? Artificial Intelligence offers the solution. Artificial Intelligence is the transformational technology of our time. AI is influencing several areas of our life e.g. education, humanity, health, marketing, and so on.
Today's computers can stimulate many human capabilities such as reading, grasping, calculating, speaking, remembering, comparing numbers, drawing, making judgments, and even interactive learning. Researchers are still working to expand these capabilities — therefore the power of computers by developing hardware and software that can initiate intelligent human behavior.
Researchers are working on the systems that have the ability to reason, to learn or accumulate knowledge to strive for self-improvement, and to stimulate human sensory and mechanical capabilities. Experts are convinced that it is now only a matter of time that the present generation will experience the impact and utility of new applications based on Artificial Intelligence (AI) in offices, factories, libraries and homes. Artificial Intelligence is advancing dramatically. It is already transforming our world socially, economically and politically.
Industrialization has transformed the society totally but brought immediate crises in its later stages. There are machines that can outperform human beings. Over the centuries, man's working ability and thinking process have seen a sea change. Society is becoming increasingly centered on information handling, processing, storage and dissemination, using microelectronic-based technologies.
India is about 18% of the worlds' population that makes it the second-largest country in terms of China's population. Health care facilities are not available to all individuals living in the country. It is because of the lack of good doctors, not having good infrastructure, etc. Still, there are people who could not reach to doctors/ hospitals. AI has the ability to provide the facility to detect disease based on symptoms; even if you don't go to the doctor, AI would read the data from Fitness band/medical history of an individual to analyze the pattern and suggest proper medication and even deliver it on one's fingertips just through cell-phone.
Quantification of growth for any country is directly related to its economic and financial condition. As AI has enormous scope in almost every field, it has great potential to boost individuals' economic health. Nowadays, the AI algorithm is being used in managing equity funds.
An AI system could take a lot number of parameters while figuring out the best way to manage funds. It would perform better than a human manager. AI-driven strategies in the field of finance are going to change the classical way of trading and investing.
Artificial Intelligence is growing rapidly, and so is the need for understanding how it works. People fear the fast pace may snatch the jobs from them? Will it surpass human intelligence? AI is associated with a set of risks, rewards and warnings.
For example, the school system has not been revolutionized since it became an established part of our society. But we are seeing more and more examples of AI being used to...