ARTIFICIAL INTELLIGENCE Everything about AI OCTOBER 20, 2023 GLOBAL PRIORITIES INSTITUTE, OXFORD UNIVERSITY By Yulia 0 ARTIFICIAL INTELLIGENCE CONTENT 1. 2. 3. 4. 5. 6. 7. 8. Introduction What is Artificial Intelligence Who invented Artificial Intelligence and Artificial Intelligence The gradual change of Artificial Intelligence The pros and cons of Artificial Intelligence How Artificial Intelligence change the world The interaction between Artificial Intelligence and other job Type of Artificial Intelligence 1 ARTIFICIAL INTELLIGENCE Table 1. Types of AI …………………………………………………… 17 Figure 1 …………………………………………………………………. 3 Figure 2 …………………………………………………………………. 4 Figure 3 Ferranti Mark ……………………………………………….. 5 Figure 4 Alan Turing ………………………………………………….. 6 Figure 5 Ferranti Mark 1 ……………………………………………... 7 Figure 6 ………………………………………………………………… 9 Figure 7 ………………………………………………………………... 11 Figure 8 ………………………………………………………………… 12 Figure 9 ………………………………………………………………… 15 2 ARTIFICIAL INTELLIGENCE Introduction In this day and age AI has become the most profitable thing in the world. Nearly every thing needs AI. Although it is essential this does not mean that it do not have draw back. However the benefits is beyond the obstruction. Mostly AI is used for in business for advertisement and along with others. 3 ARTIFICIAL INTELLIGENCE What is AI Artificial Intelligence is computer system that is required to do what human being can do. From easiest task like calculating to the hardest task like data analyzing data base. Artificial Intelligence is puzzling thing that people can create. When AI is created there main reason was to create easier environment or surroundings and save time. Nearly 77 percent of devices use Artificial Intelligence technology in one or another form. The growth of Artificial Intelligence startups accelerated 14-fold since 2000. The United States had the strongest capacity for research among the leading 20 Artificial Intelligence nations world wide in 2023. It has the ranking 100, compared with there nearest competitor China at just around 54. In general Europe has the strongest showing, with the most nation on the ranking hailing from Europe. 4 ARTIFICIAL INTELLIGENCE Who invented Artificial Intelligence and Artificial Intelligence program The person who wrote Artificial Intelligence program name was Christopher Strachey and it was written in 1951. Later director of the Programming Research Group at the University of Oxford. Strachey’ Checkers (draughts) program ran on the Ferranti Mark. 5 ARTIFICIAL INTELLIGENCE The substantial work in the field of Artificial Intelligence was done in the mid-20th century by the British logician and computer pioneer Alan Mathison Turing. Alan Mathison Turing was born in Maida Vade, London, Turing was raised in south England. He graduated at King’s College, Cambridge with degree in mathematics. 6 ARTIFICIAL INTELLIGENCE The person who invented Ferranti Mark 1 was Ferranti of the United Kingdom and is based on Manchester Mark 1, by Freddie Williams and Tom Kilburn at the University of Manchester. Ferranti Mark 1, made in 1948, is the first computer made for Artificial Intelligence program. A program is created in 1951, is stored on the Mark 1. It can play chess and checkers and beat an amateur. It’s based on Manchester Mark 1, which was one of the first stored program. 7 ARTIFICIAL INTELLIGENCE The gradual change of Artificial Intelligence The journey of AI started in the 1950s with the pioneering work of Alan Turing, who proposed the Turing Test to determine if a machine could mimic human intelligence. In the 1960s, AI research gained momentum with the development of the first AI programming language, LISP, by John McCarthy. Early AI systems focused on symbolic reasoning and rule-based systems, which led to the development of expert systems in the 1970s and 1980s. The 1990s witnessed a shift in focus towards machine learning and data-driven approaches, driven by the increased availability of digital data and advancements in computing power. This period saw the rise of neural networks and the development of support vector machines, which allowed AI systems to learn from data, leading to better performance and adaptability. In the 2000s, AI research expanded into new areas, including natural language processing, computer vision, and robotics, paving the way for today's AI revolution. 8 ARTIFICIAL INTELLIGENCE So the revolution of Artificial Intelligence is so fast and more practical than expected now more than 194 countries use Artificial Intelligence one way or another. In the past, it cost so much many and took so much space but in this century every one got AI website in their computer with little storage. 9 ARTIFICIAL INTELLIGENCE The pros and cons of Artificial Intelligence The pros of Artificial Intelligence Artificial Intelligence have so many advantage include; 1. 2. 3. 4. 5. 6. 7. 8. Diminishes human error Facilitates faster decision making Offers Continual 24/7 Availability Lessen risk Automate repetition Proves digital Assistants Identifies better human work flow Excels at working with large sets of data The cons of Artificial Intelligence Hawking said “One of the basic rules of the universe is that nothing is perfect.” So Artificial Intelligence have weakness too. 1. 2. 3. 4. 5. 6. 7. 8. Reduce employment Lacks of creative ability Absence of Emotional range Ethical dilemmas Increases potential laziness for humans Privacy and data security concerns Lack of transparency and Explainable Dependency and Reliability 10 ARTIFICIAL INTELLIGENCE How Artificial Intelligence change the world AI has become increasingly important in today's world as it has the potential to revolutionize many industries, including healthcare, finance, education, and more. The use of AI has already improved efficiency, reduced costs, and increased accuracy in various fields. In this article, we will explore the impact of AI on our lives, including its use in the digitalization of society. We will also look at its advancements in education and its potential for the future. One of the most notable uses of AI in the film industry was in the production of the movie "Her," where AI was used to create a believable and realistic operating system character. This demonstrated the potential of AI, as it can be used to create new and unique characters and storylines. AI can now be used to create special effects, automate tasks, and even generate entire movies. 11 ARTIFICIAL INTELLIGENCE AI has played a major role in the digitalization of society, as it has enabled us to collect, process, and analyze large amounts of data at a faster rate than ever before. This has led to the creation of new technologies, improved business processes, and greater efficiency in many industries. AI has had a significant impact on various forms of media, from text to video and 3D. AI-powered technologies such as natural language processing, image and audio recognition, and computer vision have revolutionized the way we interact with and consume media. With AI, we are able to process and analyze vast amounts of data quickly, making it easier to find and access the information we need. The use of AI in smartphone technology has grown rapidly in recent years. AI-powered personal assistants, such as Siri and Google Assistant, have become a staple of many people's daily lives. AI-powered technologies are also being used to improve the user experience and to offer more personalized recommendations and services. 12 ARTIFICIAL INTELLIGENCE The use of artificial intelligence for day-to-day tasks has increased rapidly over the last decade. The May 2023 CfM-CEPR survey asked the members of its European panel to predict the impact of AI on global economic growth and unemployment rates in high-income countries over the upcoming decade. Most panellists think that AI is likely to boost global growth to 4–6% per annum (relative to an average of 4% over the past few decades). Most of the panel also believes that AI is unlikely to affect employment rates in high-income countries, with the remainder split between predicting an increase and a decrease in unemployment rates. Notably, most panellists indicate a great degree of uncertainty regarding their predictions, because AI is still in its infancy. At the 2023 World Economic Forum, tech entrepreneur Mihir Shukla noted: “People keep saying AI is coming but it is already here”. The use of artificial intelligence (AI) for day-to-day tasks has increased rapidly over the last decade and ChatGPT (developed by OpenAI) is a prime example of this, with the popular generative AI used by more than a billion users for everyday tasks like coding and writing. The speed and scale of AI uptake can be captured by a simple fact: it took ChatGPT just 60 days to reach its 100 millionth user; in contrast, Instagram took two years to reach the same milestone. A recent Stanford University report found that the number of AI patents increased 30-fold between 2015 and 2021 (HAI 2023), highlighting the rapid rate of progress made in the AI development sphere. AI-powered technologies can now perform a range of tasks, including retrieving information, coordinating logistics, providing financial services, translating complex documents, writing business reports, preparing legal briefs, and even diagnosing diseases. Moreover, they are likely to improve the efficiency and accuracy of these tasks due to their ability to learn and improve via the use of machine learning (ML). AI is generally acknowledged to be an engine of productivity and growth. With its ability to process and analyze enormous volumes of data, it has the potential to boost the efficiency of business operations. The McKinsey Global Institute predicts that around 70% of companies will adopt at least one type of AI technology by 2030, and less than half of large companies may use the full range of AI technologies. Price Waterhouse Coopers predicts that AI could increase global GDP by 14% in 2030 (PwC 2017). 13 ARTIFICIAL INTELLIGENCE Research into the impact of AI on the labor market has expanded recently. Acemoglu and Restrepo (2018) provide a theoretical framework to understand the impact of new technologies on the labor market. They decompose the effect of new technologies on labor into three broad effects: a displacement effect, a productivity effect and a reinstatement effect (new technologies can serve as a platform to create new tasks in many service industries, where labor has a comparative advantage relative to machines, boosting labor demand). Frank et al. (2019) classify current literature on the labor market implications of AI into two broad categories: a doomsayer’s perspective and an optimist’s perspective. Doomsayers believe that labor substitution by AI will harm employment. Frey and Osborne (2013) estimate that 47% of total US employment is at risk of losing jobs to automation over the next decade. Their research reveals that a substantial share of employment in service occupations – where most US job growth has occurred over the past decades – are highly susceptible to computerization. Bowles (2014) uses Frey and Osborne’s (2013) framework to estimate that 54% of EU jobs are at risk of computerization. Acemoglu and Restrepo (2017) provide a historical example of excessive automation negatively affecting the labor market due to weak productivity and reinstatement effects, finding that areas in the US most exposed to industrial automation in the 1990s and 2000s experienced large and robust negative effects on employment and wages. 14 ARTIFICIAL INTELLIGENCE 15 ARTIFICIAL INTELLIGENCE Type of Artificial Intelligence 7 TYPES OF ARTIFICIAL INTELLIGENCE 1. Artificial Narrow Intelligence: AI designed to complete very specific actions; unable to independently learn. 2. Artificial General Intelligence: AI designed to learn, think and perform at similar levels to humans. 3. Artificial Superintelligence: AI able to surpass the knowledge and capabilities of humans. 4. Reactive Machines: AI capable of responding to external stimuli in real time; unable to build memory or store information for future. 5. Limited Memory: AI that can store knowledge and use it to learn and train for future tasks. 6. Theory of Mind: AI that can sense and respond to human emotions, plus perform the tasks of limited memory machines. 7. Self-aware: AI that can recognize others’ emotions, plus has sense of self and human-level intelligence; the final stage of AI. 16 ARTIFICIAL INTELLIGENCE Reference www.computer.com www.britannica.com www.simpleearn.com www.tableau.com www.knowledgehut.com www.forbes.com www.meer.com 17