Benfits Of AI/ML To MNC’s
What is Artificial Intelligence?
Artificial Intellience is the advanced feature for Computers to make decision like human, even much faster than human mind. With the help of Data Collection and used that data for it pre-defined goals
It can use the information available to make the best decision possible. It so happens that at the moment, this decision has to be specific. The more data you have, result will be more accurate.
AI using Algorithms to predict result, Logical equation written in the form of code. It can also predict how to achieve its output.
What is Machine Learning?
Machine learning is a data analytics technique that teaches computers to do what human mind learn from experience.
Machine learning algorithms use computational methods to take information directly from data without relying on a predetermined equation. It is the study of computer algorithms that improve automatically through Data.
Difference in Traditional Programming and Machine Learning
Traditional computer programming has been around for more than a century, with the first known computer program dating back to the mid 1800s. Traditional Programming refers to any manually created program that uses input data and runs on a computer to produce the output.
But for decades now, an advanced type of programming has revolutionized business, particularly in the areas of intelligence and embedded analytics. In Machine Learning, also known as augmented analytics, the input data and output are fed to an algorithm to create a program. This yields powerful insights that can be used to predict future outcomes.
Traditional Programming
Machine Learning
For Example:
If you want to predict which customer will pay the bills late, identify the input “customer Details(demographics), Bills” and the output “Paid late or Not”, and let the machine learning use this data to create your program.
Artificial Intelligence and Machine learning: How are they related?
Artificial intelligence (AI) and machine learning (ML) are two different concepts that are often used together. The distinction between the two may seem trivial but they are both subset of AI. IT professionals and business leaders need to understand the different applications.
Artificial Intelligence (AI) is a vast domain, machine learning (ML) just sits underneath it. The broad container term describes various tools and algorithms that enable machines to replicate human behaviour and intelligence. AI solves a task usually requiring human intelligence, while ML solves a specific AI task by learning from data and making it a strict subset of AI.
The list of some MNCs benefited from AI/ML
The largest and most important AI company on this list is also the most obvious. Google has acquired AI start-ups as if there were going to be no more soon. Over the past four years, Mountain View has created no fewer than twelve new artificial intelligence companies. The most important purchase was the $400 million deal for DeepMind, the board game playing Go champion.
There is also Google’s machine system TensorFlow, which is now free for all, and the ongoing Tensor AI chip project for machine learning on the device. Google’s CEO, Sundar Pichai, has already mentioned that in the long run we are “evolving from a ‘mobile first’ to an ‘AI-first’ world in the computer industry,” and that already says everything you need to know to see where Google sees the future.
Rolls-Royce And Google To Create Smarter, Autonomous Ships
Rolls-Royce and Google will see ships become smarter and self-learning thanks to advanced machine learning algorithms.Rolls Royce use Google’s Cloud Machine Learning Engine across a range of applications, designed to both make ships safer and more efficient, and to launch the ships of modern world.
The machine learning algorithms that Rolls-Royce will initially put to work on their ships will be the same neural-net based software which currently fuels Google’s voice and image search applications.
Amazon
The use of AI/ML by Amazon is known to everyone, as everyone today knows about Alexa, which is an AI voice assistant built into multiple speakers & headphones today. Alexa supported devices are very popular today, & they drive a huge benefit to amazon. Moreover, the Amazon recommendation engine on its website helps to obtain huge profits for Amazon. According to a survey, it is been known that Amazon drives 35% profit from the recommendation engine.
Sensetime
SenseTime is currently the world’s most valuable artificial intelligence company. You have heard that the Chinese government track citizens with the help of face recognition. So, SenseTime is the current contracter of this technology.
It’s research team is exploring deep learning at the University of Hong Kong, and it’s image recognition technology is known to about what Google and Facebook can do. Autonomous driving is currently SenseTime’s number one priority.