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Neural Network

An artificial neural network is an attempt to simulate the network of neurons that make up a human brain so that the computer will be able to learn things and make decisions in a humanlike manner. ANNs are created by programming regular computers to behave as though they are interconnected brain cells.

Advantages of Neural Network

  • Neural Networks have the ability to learn by themselves and produce the output that is not limited to the input provided to them.
  • The input is stored in its own networks instead of a database, hence the loss of data does not affect its working.
  • These networks can learn from examples and apply them when a similar event arises, making them able to work through real-time events.
  • Even if a neuron is not responding or a piece of information is missing, the network can detect the fault and still produce the output.
  • They can perform multiple tasks in parallel without affecting the system performance.

Visualization

Data visualization uses algorithms to create images from data so humans can understand and respond to that data more effectively. Artificial intelligence development is the quest for algorithms that can “understand” and respond to data the same was as a human can — or better.

Advantages of visualization

  • Better analysis.
  • Quick action.
  • Identifying patterns.
  • Finding errors.
  • Understanding the story.
  • Exploring business insights.
  • Grasping the Latest Trends.

AI Bots

A bot is software that is designed to automate the kinds of tasks you would usually do on your own, like making a dinner reservation, adding an appointment to your calendar or fetching and displaying information. The increasingly common form of bots, chatbots, simulate conversation.

AI Bot Benefits

  • Customers get answers faster. 
  • Agents spend less time on repetitive questions. 
  • Bots can aid in personalization. 
  • Bots work on multiple channels. 
  • With AI, chatbots will only get smarter.

Conventional AI

Conventional AI mostly involves matter like machine learning. It is more focused and revolves around the statistical calculations and outcome. This can also be presented as a formula basis. This field of AI is also known as symbolic AI, neat AI or logical intelligence.

Benefits of Conventional AI

  • Reduction in Human Error: The phrase “human error” was born because humans make mistakes from time to time.
  • Takes risks instead of Humans
  • Available 24×7
  • Helping in Repetitive Jobs
  • Digital Assistance
  • Faster Decisions: 
  • Daily Applications
  • New Inventions

Artificial Intuition

The fourth generation of AI is ‘artificial intuition,’ which enables computers to identify threats and opportunities without being told what to look for, just as human intuition allows us to make decisions without specifically being instructed on how to do so.

Benefits of Artificial Intuition

  • Artificial Intuition allows systems to detect threats, problems, as well as opportunities without knowing what exactly they are looking for or being told what to look for, just as human intuition allows them to make certain decisions without being taught