What is Artificial Intelligence

Artificial intelligence (AI) is one of the cornerstone technologies of the future. It is a broad term, but chiefly refers to the ability of a machine to change, adapt and grow, based on experiences and exposure to new data. This is described as ‘intelligence’.

This branch of computer science covers a myriad of AI specializations and subsets, such as machine-learning, computer vision, and natural language processing (NLP).

AI operates in an automated mode, without human intervention, in some cases without the need to be explicitly programmed.

AI EVOLUTION:
3 STAGES OF CAPABILITIES

1. Narrow AI (current situation)
2. General AI (human-like abilities)
3. Superintelligence (surpassing humans at all fronts).

Neural networks

At present, the smartest AI is built on neural networks, which mimick the human brain. These networks use deep-learning to understand the world.

AI and data theft

There is a strong corrolation between the exponential growth of AI and data theft. Machine-learning is data-based: computers need lots of data before they can learn and predict. It is exponential: with more data, capabilities grow at an ever increasing rate.

As data fuels the immensely valuable algorithms, it is an illusion that we can ever “get our data back”. They are already incorporated in the AI models of the larger tech companies.

We may, however, still be able to curb future violations of our privacy. AI relies on a continuous stream of current data.

Dilemma: privacy vs geopolitics

This means, of course, that stricter privacy regulation would hamper the growth of a key strategic industry.

FOOD FOR THOUGHT

AI is set to be the key source of transformation, disruption and competitive advantage in today’s fast changing economy.

It is good to realize that this major disruption phase is not yet reached. AI is still in its infancy.
AI is a cornerstone technology.

Human or machine?

Various types of AI

Machines classification can also be based on the degree to which a system can replicate human functionalities.

This system of classification recognizes four types of AI: reactive machines (machines without the ability to “learn”), limited memory machines (capable of learning from historical data to make decisions), theory of mind (understanding humans), and self-aware AI. As you can imagine, self-awareness (or, even, a conscience) would significantly blur the lines between man and machine.

For now, self-aware machines are merely a hypothetical, partly due to the vast amounts of computing power required – although it must be stressed that a cloud of secrecy shields this ultra-strategic sector from public view, mostly with hardly any oversight.

Legislating AI

Upcoming AI regulation in the EU

Proposal for a Regulation on a European approach for Artificial Intelligence (DOWNLOAD PROPOSAL).

Economics of AI

AI companies to watch 2021

  • Healthcare
    • Verge genomics: applying genoming and machine learning to discover causes of complex diseases such as Parkingson’s.
    • Viz.ai healthcare startup using computer vision for early detection of strokes.
    • Whisper: next generation hearing aids, using natural language processing.
  • Logistics: autonymous vehicles
    • Gatik: autonomous vehicles for short-haul logistics.
  • Circular economy
    • AmpRobotics: applying AI and robotics to recycling; commodities reclaimed as raw materials for the global supply chain.
  • Communication
    • Lilt: real-time translations, not unlike the Babel Fish in the Sci-Fi novel Hitchhiker’s guide to the galaxy – focus machine learning, natural language processing, and human-computer interaction.

ECONOMIC IMPACT OF AI

According to a recent study by PwC, AI could contribute up to $15.7 trillion to the global economy in 2030.

Sizing The Prize (DOWNLOAD REPORT)

Documentary

The DEEPMIND CHALLENGE of 2016

In March 2016, a Google algorithm beat the worldchampion Go. With more board configurations than there are atoms in the universe, the ancient Chinese game had long been considered a grand challenge for artificial intelligence.

Fascinating documentation of how the makers of a Google AI, AlphaGo, were confronted with the creative and autonomous decision-making abilities of their creation.

MAN BEAT MACHINE

Since the 2016, AlphaGo has evolved: Deepmind’s new AI, AlphaGo Zero beat AlphaGo 100:0 a year later. The family of algorithms now includes AlphaGo, AlphaGo Zero, AlphaZero, and MuZero.

The world champion Go has stopped playing the game, as he feels he is no longer unbeatable.