Artificial Intelligence explained


Detailed, easy to understand guide about artificial intelligence solutions.

Main reasons why A.I. is a widespread topic:

 

In this guide, we’ll explain what’s the role of artificial intelligence and show you how to benefit from it.

 

Here’s what else we have covered:

 

 

 

Did you know that you are using A.I. daily?

Most of us don’t even grasp the fact that most of our routine tasks are done with the help of artificial intelligence.

 

To understand better self-driving cars here’s an image of how Tesla “sees” the world.

    

 

 

 

 

Simply stating, A.I. consists of these 3 major categories:

 

Computer vision

A.I. can be taught to identify objects & scenes the same way a human does.

 

Here is an example.

A parking lot gate opens only for employees, not the car.  The A.I. recognizes a car is at the gate, then scans the drivers face and looks for a match.  When the A.I. identifies the driver, the gate opens and begins closing immediately after the car passes, to prevent follow throughs.  All this occurs within a matter of a few seconds.  If the A.I. does not recognize the driver, a security guard is alerted.

 

Behavioral & predictive analysis

The simplest way to explain behavioral & predictive analysis, is by using examples.

 

Judicial departments, e-commerce stores & credit institutions are using A.I. behavioral and predictive analysis to determine potential risks, e.g. the likelihood that a potential parolee will reoffend, which audience will respond better to the new campaign, the borrower's ability to repay the credit. 

A.I. helps judicial departments to calculate the risk of a defendant. Main reason for the A.I. implementation is to prevent biased decisions. When calculating the risk A.I. takes into account factors, such as, the age at which the first crime was committed, marital status, crime history, gender, age, education, etc.

In the end AI system predicts possibility with what potential parolee could commit another violent crime.

Police department in Durham, UK have already implemented this technology and as BBC states:

“Low-risk forecasts were accurate 98 percent of the time and its high-risk forecasts were accurate 88 percent of the time.” - source

 

 

 

The “dilemma”. Would you rather spend 1.5 million or 150k euros?

 

There is a common myth that AI is outrageously expensive.  We bust that myth.  Our solutions are unique to any specific task, developed and created by highly talented and unrivaled programmers.  And our economics of location allow us to be highly cost effective and affordable.

As an example, a client came to us with a dilemma:

 

         a) buy a new manufacturing line that would cost over a million euros

         b) find a way to make the existing line more efficient and improve quality of product.  

 

We created an A.I. solution whose implementation was a tenth of the cost of a new line, and additionally brought down the cost of running the line.  

Our A.I. runs their machines.  Better than a human can, it works around the clock, never gets sick, and never asks for a raise.  And best of all, every minute of every day it “teaches itself” how to perform the process better.

 

Already have something in mind or have questions regarding artificial intelligence?

 

Send us a message we would love to talk to you.