Artificial intelligence refers to devices, software and systems that are able to learn and to make decisions in almost the same manner as people.
Yes, we see AI very broadly.
We divided AI into seven categories: understands what it hears, understands what it sees, creates, extracts information, predicts & optimises, automates tasks, and acts autonomously.
Understands what it hears
AI understands the meaning of spoken text which enables it to have conversations with people. It can even recognise a person by their voice.
Understands what it sees
AI sees and understands the environment as we humans do. It identifies objects and can describe what it happening. It also recognises people by their face.
AI can create things. It can, for example, write text or code, compose music or create pictures. It even improves products or creates new ones.
AI goes through a lot of data to generate valuable output. For example, it recognises patterns and anomalies and finds relevant data.
Predicts and optimises
AI recommends products to customers, it predicts the future and suggests or takes specific actions, like optimising traffic routes.
AI enables computers or machines to automatically fulfil tasks and perform processes, like trading or customer service.
Examples: Nimbus is an AI crypto trading bot.
AI enables computers or machines to act without human intervention. This enables, for example, driverless cars or software that learns independently of humans.