Abstract

Kelvin Ogba Dafiaghor

Artificial Intelligence is the development of computer systems to be able to perform task normally requiring human intelligence. Examples are visual perception, speech recognition, decision-making and translation between languages etc. According to techopedia.com Artificial intelligence is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. Artificial intelligence is the technology that drives most modern technology from self driving cars to even our snap chart filter.

According to Andrew Ng, an authority in the field of artificial intelligence, he said just as electricity transformed almost everything 100 years ago, we have seen so far that AI will transform our industry in the next several years. AI already powers our home i.e. smart homes, our phone cameras, driverless cars like in Tesla cars. Fictional movies are becoming a reality with artificial intelligence. We now see company trying to create neural machine interface to bridge the gap between humans and AI because of the rate of advancement of AI. It is estimated that trade involving AI will hit $13 trillion by the year 2030.