Futuristic technological development has availed multiple benefits to the business world. These businesses have eyed development and growth in their operations. Today, almost every person in industries and business world knows about Artificial intelligence and machine learning. The tech world overly embraces these two phrases well and dearly. In fact, many people believe that they are one and the same but they are not. This article pinpoints some fundamentals about AI and machine learning.
The only way you will understand about Artificial Intelligence and Machine Learning is through defining them first. Artificial intelligence (AI) is the process through which machines are empowered so as to carry out activities and handle tasks in a smart manner. On the other hand, machine learning (ML) is purely an AI application that aims to having the machine gain access to all the data and learn for themselves.
AI has existed for years and over these years, it has experienced some tremendous growth. There are normally two classifications or group under AI and these are general AIs and applied AIs. The most common classification is applied as these are systems that are designated for some tasks like trading stocks and shares. General AIs have the capability to handle any tasks and activity whatsoever. The latter is not common amongst the populaces and this has contributed to the existence of machine learning.
Machine learning can be said to be the vehicle that drives AI forward. This vehicle has been accelerating the speed over the years following some breakthroughs. It all started with Arthur Samuel in 1959 who believed that machines should not acquire all the information form human beings but should be allowed to learn for themselves. This became a fundamental breakthrough. As time progressed, internet emerged and it made things quite easier. These machines now were able to access information through being connected to the internet and they could learn about each and everything; they only necessitated coding so as to start thinking like humans. These breakthroughs have made machine learning becomes a reality.
AI and machine learning has so far availed tremendous benefits. There are so many industries like banking, healthcare and manufacturing amongst others that are benefiting from these. These two have availed a great opportunity for marketers but marketers have benefited more with the emergence of machine learning. Decades ago, the population only knew about AIs theoretically but nowadays, they are in existence. The machine learning process is speeding up as time progresses. Consequently, machines and devices can now think like humans.