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4 Types of Artificial Intelligence Approaches

Robots are intriguing! But, did you ever ponder on the interesting techniques used to build them? This brings us to four types of Artificial Intelligence approaches that help in developing various AI applications. Let’s go through them one by one in this blog today.

From a child to an adult, who is not fascinated by robots even though when most of us are unaware that it is Learning Artificial Intelligence (AI) that drives them. Fascination apart, did you ever think of the various benefits AI brings to humankind? Why let’s take the CoViD-19 scenario. The robots have played a major role in combating the deadly virus.

The Germans and the Chinese have been successful in containing the pandemic to an extent, thanks to the robots. Not only did the bots help in detecting the potential Coronavirus carriers from a great distance in Germany, but they also helped in disinfecting and sanitizing the factories and other public places with the help of sprayers in China. What’s more, the robots also assisted the doctors in conducting the vital checks and diagnostics of the infected patients. This technique is helping them maintain a healthy distance.

What are the uses of Artificial Intelligence?

We have been cohabiting with AI and its applications without realizing the technology behind them. The Siri app, the suggestions that appear while searching on Google, the amazing Amazon’s Alexa, and the list can go on.

So, let’s discuss a few benefits, the AI has brought to different domains as of today:

Marketing

AI has influenced the marketing sector in the most phenomenal way possible. There was a time when people used to steer clear of marketing gimmicks due to a lack of trust.

However, times have changed. Retails businesses have found a subtle way of marketing these days. The AI-powered recommendation systems are quite apt at making perfect suggestions that are too good to be ignored. The Amazon suggestions to buy a product based on your previous purchases, Netflix movie recommendations, then Walmart’s strategy of placing bread diapers and the butter together after identifying the patterns of frequent buyers. These are all marketing strategies implemented by the businesses based on the customers’ purchase data.

Banking

AI has made its way to banking and has brought drastic changes in terms of fraud detection, customer support, identifying the likely defaulters of credit payments, etc. Based on the salary, age, and previous credit card history, the reputed banks use the data to predict the likely defaulters before they issue credit cards.

Also, the top banks rely on AI and Deep Learning technologies to detect the fraudulent practices of potential customers in the past. And then they prevent them by taking appropriate measures well in advance.

Finance

The finance sector is thriving as it relies on the data scientists to make predictions that dictate the financial dealings and stock market trading.

The machines are fed with a humungous amount of data that they process within a short span of time, identify the patterns, provide insights, and then make predictions.  

As there is no scope for errors, the financial organizations are depending on the machine-generated predictions to improve stock market trading and profits.

Agriculture

Agriculture has been one of the oldest forms of occupation in the world. Farmers these days use the trends in AI for improving agricultural accuracy and productivity.

A Berlin-based firm PEAT developed an agricultural app called Plantix. This app can predict the nutrient defects and fertility issues of the soil just from the images. What’s more, the app also suggests solutions and soil restoration techniques. The start-up also claims that the app is efficient in making the predictions with 95% accuracy.

Healthcare

This is another industry that is booming with the presence of AI applications. Artificial Intelligence has played a major role in making predictions in the fields of diagnostics. An AI algorithm outperformed the doctors in detecting breast cancer with the help of mammograms.

A team of researchers from Google Health and Imperial College, London came together and trained a machine to read X-rays of 29,000 women. And the model succeeded in predicting cancer with more accuracy than a two doctors’ team.

Artificial Intelligence

What are the different types of Artificial Intelligence Approaches?

While everything seems to be green and sunshine to a layman, there’s a lot of technology that goes into building AI systems.  Based on the ways the machines behave, there are four types of Artificial Intelligence approaches – Reactive Machines, Limited Memory, Theory of Mind, and self-awareness.

Reactive Machines

These machines are the most basic form of AI applications. Examples of reactive machines are games like Deep Blue, IBM’s chess-playing supercomputer. This is the same computer that beat the world’s then Grand Master Gary Kasparov. The AI teams do not use any training sets to feed the machines, nor do the latter store data for future references. Based on the move made by the opponent, the machine decides/predicts the next move.

Limited Memory

These machines belong to the class II category of AI applications. Self-driven cars are the perfect example. These machines are fed with data and are trained with other cars’ speed and direction, lane markings, traffic lights, curves of roads, and other important factors, over time.

Theory of Mind

This is where we are, struggling to make this concept work, however, we are not there yet. Theory of mind is the concept where the bots will be able to understand the human emotions, thoughts, and how they react to them.  If the AI-powered machines are ever to mingle with us and move around with us, understanding human behavior is imperative.  And then, reacting to such behaviors accordingly is the requirement.

Self-Awareness

These machines are the extension of the Class III type of AI. It is one step ahead of understanding human emotions. This is the phase where the AI teams build machines with self-awareness factor programmed in them. Building self-aware machines seem far-fetched from where we stand today. Here’s an instance. When someone is honking from behind, the machines should be able to feel the emotion. That’s when they understand how it feels when they honk at someone back.

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