Artificial Intelligence and Predictive Analytics: The Next frontier in Data Science Technologies?

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Artificial intelligence is the ability of a machine to behave in a way that is congruent with what it is told to do. Whereas human beings display emotional and mental activity as they learn and execute skills, a machine only displays raw, mechanical actions. This ability has created an enormous amount of controversy over the years. Proponents of this technology assert that the use of artificially intelligent computers will help mankind achieve great things, while detractors decry this development claiming that it will only lead to a monopoly in certain industries and create artificial intelligence gaps in society.

Artificial intelligence is the ability of machines, unlike humans, to exhibit human-like intelligence, such as learning, planning, perception, and so forth. Humans display these human-like behaviors through emotion, and a machine can mimic that behavior, but only to a very limited degree. The difference between the two types of intelligence is most often illustrated by the term artificial intelligence itself. Artificial intelligence specialists use the term artificial intelligence to describe the combination of human brain functionality and machine software that create a machine with every known type of human characteristic. Because artificial intelligence can be programmed in a variety of ways, including combinations of human behaviors with machine instructions, the future of technology may well produce AIs that are smarter than humans.

Predictive analytics is one of the tools of the future in the use of artificially intelligent machines to achieve business goals. This software takes a captured data set, such as marketing reports or customer demographics, and utilizes complex mathematical algorithms to analyze that data in order to provide business insights that can make a significant impact on the bottom line. While businesses and their IT staffs have been working towards building better predictive analytics tools for years, the arrival of the cloud has created a new horizon in the field of AI. Businesses that are moving ahead with this technology are going to experience substantial increases in productivity and profit, while hindering the future of their own companies at the same time.

Artificial Intelligence and Predictive Analytics: The Next frontier in Data Science Technologies?

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