AI to the rescue in risk management

AI to the rescue in risk management

We thought we would like to share some interesting facts about AI.

Did you know?

  1. Most AI is female: Research indicates that the majority of people prefer the sound of the female voice! Which is more than likely why Siri is of the ‘fairer sex’..
  2. AI pets exist: AI powered pets may not quite give you the warm fuzzy feeling you might get from a living animal, but they do mean that you won’t have to clean up after your four-legged friends either. It is expected that AI pets will become widely available by 2025.
  3. AI entities are not just founts of knowledge, they are able to socialise and simulate emotions: Kismet, a robot built in the late 1990’s can recognise emotions through human body language and the tone of voice.
  4. AI is self-repairing: There is a robot that rebuilt itself after noticing its performance had dropped after losing two of its six legs. The robot did not know what the problem was but fixed it by trial and error.
  5. AI will become smarter than humans: AI has the ability to learn, meaning its intelligence is increasing (in 2013 AI was about the same intelligence as a four-year-old child). It is thought that by 2029 AI will have the same intelligence level as adult humans.
  6. AI has the ability to write: A robot wrote an article on an earthquake in California on the Los Angeles Times Website which was brought together by the robot collecting data from a seismograph.
  7. AI could possibly lead to the end of human customer service: It is thought that by the end of this decade, 85% of customer interactions will not require human customer service.
  8. There is such a thing called genetic algorithm. This algorithm can be applied to bots or AI for it to learn over time to avoid obstacles. This is something that is based on how evolution works by surviving and adapting.
  9. Artificial intelligence systems known as ‘robo farmers’ could soon grow crops and tend livestock around Britain while their human controllers need never set foot in a field again.
  10. AI analyses more info in a day than doctors can in a year.