Artificial intelligence (AI) refers to the ability of computers and machines to learn from previous experiences and intelligently respond to various inputs. AI models, including machine learning, deep learning, and expert systems, serve different purposes. Machine learning enables machines to learn from data without explicit programming, while deep learning uses neural networks to analyze complex patterns and datasets. Expert systems aim to imitate human decision-making without self-awareness.
The combination of these AI techniques can yield powerful results. Zillow Zestimate, for example, utilizes machine learning, deep learning, and expert systems to provide accurate insights into real estate pricing by considering factors like house size, location, and image analysis. AI finds applications in various domains, such as generative AI, predictive analytics, natural language processing, and computer vision (which is serving information from images or videos). Social media platforms like Facebook and TikTok heavily rely on AI to deliver personalized user experiences.
The adoption of AI in businesses has witnessed significant growth. Organizations leverage AI capabilities to improve efficiency, enable real-time monitoring, enhance accuracy, and optimize talent management. Successful implementation of AI involves several steps, including defining the organization’s needs, setting goals, evaluating capabilities, and preparing data. It is best to start with small-scale projects before scaling up. Learn more about intelligent document processing and the advancement of AI in the infographic below: