Essentially, AI is a learning machine that removes the need for a human to perform the task.
AI means a computerised system that’s able to perform tasks human intelligence can already do, and even do it better. Industry experts describe AI appearing as one, or a combination, of these technological fields:
Machine Learning: It collects data, learns human behaviour and makes evaluated predictions/decisions
Speech Recognition: It can translate text into speech, and vice versa.
Visual Perception: It can recognise images as detailed as human faces.
Planning, Scheduling & Optimisation: Software that recognises the sensitivity of time.
Robotics: Any kind of automation.
Expert Systems: The ability to make decision-making of a human expert.
And more fields are being discovered and developed every day. It saves time, money and effort in almost everything a human can do.
Here are a few examples of how AI can be used:
1. "Personalisation" of online customer service chat
2. Targeting ads to audience
3. Real time marketing done offline
4. Explores data and reveals the maturity of each customer.