THE TRANSFORMATIVE POWER OF ARTIFICIAL INTELLIGENCE UNDERSTANDING ITS IMPORTANCE TODAY

 

The journey of Artificial Intelligence AI began in 1956 at the Dartmouth conference, where pioneers like John Mc Carthy envisioned machines that could simulate human intelligence. Progress was slow initially due to limited technology, but advances in machine learning and data in the late 1990s led to major milestones, such as IBM’s Deep Blue defeating Garry Kasparov in 1997 and Google’s AlphaGo beating Go master Lee Sedal in 2016.

 

AI refers to the simulation of human intelligence, enabling machines to perform tasks like learning, decision-making, and language processing. Economically, AI is projected to contribute up to $15.7 trillion to the global economy by 2030. While AI may displace 85 million jobs by 2025, it is expected to create 97 million new roles, demonstrating the growing demand for AI – related skills. Jobs in AI, like specialists, have seen a 74% annual growth rate in recent years.

AI’s impact is vast, spanning healthcare, finance, and transportation. For example, a 2020 Nature study showed AI reducing breast cancer detection false positives by 5.7% and financial institutions report a 50% reduction in fraud due to AI. By 2030, 12% of new cars could be fully autonomous. These developments highlight the growing importance of Al skills and the need for ethical consideration as AI continues to shape industries and societies.

 Khushbakhat Noor Fa It Part I