There’s a lot of hype around artificial intelligence (AI). The discussions swing between AI killing off cancer to AI killing us via autonomous robots. These technologies are not science fiction, they are here now – in retail, finance, those recommendations you get on Amazon and Netflix.
There is no single definition of AI, nor what we mean by ‘intelligence’. Broadly, AI can be used to describe a set of advanced technologies that enable machines to carry out highly complex tasks effectively – tasks that require the equivalent of or more than the intelligence of a person performing the task. AI is enabled by three components - computational processing power, algorithms, and data.