Artificial intelligence (AI) is wide-ranging branch of computer science concerned with building smart machines capable of performing tasks that typically require human intelligence. AI is an interdisciplinary science with multiple approaches, but advancements in machine learning and deep learning are creating a paradigm shift in virtually every sector of the tech industry.

The ideal characteristic of artificial intelligence is its ability to rationalize and take actions that have the best chance of achieving a specific goal.


Applications of Artificial Intelligence

The applications for artificial intelligence are endless. The technology can be applied to many different sectors and industries. AI is being tested and used in the healthcare industry for dosing drugs and different treatment in patients, and for surgical procedures in the operating room.

Other examples of machines with artificial intelligence include computers that play chess and self-driving cars. Each of these machines must weigh the consequences of any action they take, as each action will impact the end result. In chess, the end result is winning the game. For self-driving cars, the computer system must account for all external data and compute it to act in a way that prevents a collision.

Artificial intelligence also has applications in the financial industry, where it is used to detect and flag activity in banking and finance such as unusual debit card usage and large account deposits—all of which help a bank’s fraud department. Applications for AI are also being used to help streamline and make trading easier. This is done by making supply, demand, and pricing of securities easier to estimate.

The AI Career Landscape

We are building a team of professionals

AI is getting even more traction lately because of recent innovations that have made headlines, Alexa’s unexpected laughing notwithstanding. But AI has been a sound career choice for a while now because of the growing adoption of the technology across industries and the need for trained professionals to do the jobs created by this growth. Pundits predict that AI will create close to 2.3 million jobs by 2020. However, it is also forecasted that this technology will wipe out over 1.7 million jobs, resulting in about half a million new jobs worldwide. Moreover, AI offers many unique and viable career opportunities. AI is used in almost every industry, from entertainment to transportation, yet we have a massive need for qualified, skilled professionals.

AI and machine learning as broad categories, the jobs available are more accurate. Some of the jobs described 

  • Machine Learning Researchers
  • AI Engineer
  • Data Mining and Analysis
  • Machine Learning Engineer
  • Business Intelligence (BI) Developer
  • Data Scientist