How Artificial Intelligence Improves Online Transactions
Online payments are set to increase 11% per year between 2015 and 2020 according to a report from Cap Gemini & BNP Paribas. Companies that accept online payments and transactions are forced to face users’ concerns about accuracy and fraud. PayPal and QuickBooks, for example, have added an extra layer of security protection to their login process. They text an access code to the phone number a user has on record in their account; which identifies the person who is in possession of the phone as the account holder. This is a great enhancement, but it is does not use the more sophisticated solutions companies should be looking to implement using Artificial Intelligence (AI).
How AI Impacts Personal Loan Decisions?
Artificial Intelligence (AI)-driven lending practices are gaining visibility and credibility. AI tools used with machine learning can analyze more data for a more accurate answer to loan requests. Lenders using new AI systems can evaluate bank account balances calculated with purchase history, social media habits, and utility payments to determine a person’s creditworthiness.
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What’s the Difference Between Artificial Intelligence, Machine Learning, and Deep Learning?
This year, various industries across many organizations are implementing artificial intelligence. Often, leaders who are not familiar with Artificial Intelligence, Machine Learning, and Deep Learning will use the terms interchangeably. When working with technologists and AI experts, this can confuse them. In this post, I’m going to explain each of these terms.
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Can Artificial Intelligence Bring Human Care Back to Medicine?
Here’s an all too familiar doctor visit scenario: You arrive early to fill out a short-novel-length amount of paperwork. You’re ushered into an exam room, where a PA or Medical Assistant asks the reason for today’s visit and have there been any changes to your health or medications? Next, your doctor (or PA) walks into the exam room, sits at a computer — often with their back to you — and asks more questions while typing in your responses and their related notes. In just a few minutes, you’re sent off with a new medication to try or a procedure to have done.
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Can Artificial Intelligence Bring a New Gold Rush?
The “low hanging fruit” of gold deposits are long gone. The California gold rush peaked in 1849, and all easy-access gold in the United States has since been mined. Today there are still companies that mine for ore and precious minerals, but the work is more complex and dangerous. To minimize obstacles, mining companies are seeking help from Artificial Intelligence (AI) technology.
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Fighting Fire with Artificial Intelligence
Last year’s Camp Fire, the name given to California’s most destructive wildfire, burned over 150,000 acres and was responsible for 86 deaths. This year, as the dry season approaches, the National Guard is helping California with wildfire prevention. The National Guard will remove dead trees and vegetation and will create fuel breaks in the highest fire-risk zones.
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Artificial Intelligence: An ally for society?
According to the dictionary, intelligence “Is the faculty of the mind that allows us to learn, understand, reason, make decisions and form a certain idea of reality.” Still, the difference between “human intelligence” and “artificial intelligence” is that the latter is assigned to a series of technologies with characteristics or capabilities previously exclusive to the human intellect. Artificial Intelligence refers to a machine that imitates the cognitive functions that humans associate with other human minds, such as learning, solving problems, creativity, etc.
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A blog about AI and technology typically covers the latest advancements in artificial intelligence, cyber security, robotics, and other cutting-edge technologies.