Artificial intelligence

Artificial intelligence (also known as machine intelligence and often abbreviated as AI) is intelligence exhibited by any manufactured (i.e. ) system. The term is often applied to general purpose computers and also in the field of scientific investigation into the theory and practical application of AI. "AI" the term is often used in works of science fiction to refer to that which exhibits artificial intelligence as well, as in "the AI" referring to a singular discrete or distributed mechanism.

AI in Business

According to Haag, Cummings, etc.(2004) there are four common techniques of Artificial Intelligence used in businesses:

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• Expert Systems
• Neural Networks
• Genetic Algorithms
• Intelligent Agents

Expert Systems apply reasoning capabilities to reach a conclusion. An expert system can process large amounts of known information and provide conclusions based on them.

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Neural Networks are AI that are capable of finding and differentiating between patterns. Police Departments use neural networks to identify corruption.

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Genetic Algorithms are designed to apply the survival of the fittest process to generate increasingly better solutions to the problem. Investment brokers use Genetic Algorithms to create the best possible combination of investment opportunities for their clients.

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An Intelligence Agent is software that assists you, or acts on your behalf, in performing repetitive computer-related tasks. Examples of its uses are data mining programs and monitoring and surveillance agents.

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Logic programming was sometimes considered a field of artificial intelligence, but this is no longer the case.

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