Education

Things To Know About Artificial Intelligence

Artificial Intelligence is a study of computer science that represent a range of tools and techniques that allows machines to mimic human behaviour. In the 21st century, Artificial Intelligence is a powerful tool that has advanced its level to solve many complex and traditional problems. The global market size of artificial intelligence is estimated to grow to US$1,597.1 Billion by the year 2030 at a CAGR rate of 38.1% as per the Precedence Research report. With the advancement in technology, Artificial Intelligence has gained the ability to write and recognise speech almost like humans! Artificial Intelligence (AI) is a rapidly evolving field that has the potential to revolutionize the way we live, work, and interact with technology.

Why Artificial Intelligence is important?

Artificial intelligence is a wide field that includes disciplines such as computer science, data analytics, statistics, neuroscience, psychology etc. The major components of artificial intelligence are Machine learning, Deep learning, Artificial neural networks, Natural language processing, Computer vision etc. Artificial intelligence is important in today’s world because AI automates repetitive learning through data, adds intelligence, adapts progressive learning through algorithms, and analyzes deeper data to improve accuracy. The prominent examples of Artificial Intelligence are Amazon’s Alexa, Apple’s Siri, Microsoft’s Cortana and Google’s Google Now. 

What is the scope of Artificial intelligence?

The artificial intelligence scope is highly accelerating and is making prominent space in all aspects of businesses like marketing, sales, customer support and the HR department. The top skills needed by artificial intelligence professionals are deep learning, machine learning, creativity, robotics, computer vision, decision-making, critical thinking etc. Artificial intelligence is evolving and is benefiting industries to optimise their industries performances. 

In near future, the demand for artificial intelligence professionals will be so huge that it will provide accurate services to its customers, you name it. As the domain continues to grow, it provides interesting job roles such as Artificial Intelligence Engineer, Machine Learning Engineer, Business Intelligence Developer, Research Scientist, Data Scientist etc. The salary of an Artificial Intelligence in the US ranges from $108,000 to $ 162,000 per annum. 

What are the advantages of Artificial intelligence?

The prior advantages of artificial intelligence are smarter decision-making, improved customer experience, reduces errors, improves business efficiency, automation etc. Artificial Intelligence follows top applications such as Chatbots, Voice assistants, Autonomous cars, Netflix recommendation systems, and Cyber security. The scope of the Artificial Intelligence Course is demanding and having a job in the following domain will grow the candidate's potential to work as an AI professional.