No doubt each of us has come in contact with Artificial Intelligence (AI) — whether it is by shopping online and seeing ‘suggested for you’ products, or ads popping up in your Facebook feed, or at the bank when we are making a check deposit at the ATM. Other industries, ranging from health to fitness to media to dating apps to finance have all adopted AI in some capacity to optimize and automate their processes. Although known in the academic world since the 1990s, AI is only coming to mainstream utilization in recent years. So what exactly is the power of AI and why is it becoming so popular now?
AI is what is known as a forward model in computer science, meaning it is a computer model that makes decisions based on the input into the model, such as data that can be in the form of pictures, numbers, and really anything that is mathematically quantifiable. Thus, this type of model is able to modify its prediction based on the dynamic flow of input. So, the