ARTIFICIAL INTELLIGENCE

Artificial intelligence (AI) is defined as intelligence exhibited by an artificial entity. To make it simple AI is manifested by machines. Its a branch of computer science which deals with computer or machines as intelligent as human beings. The term Artificial intelligence first coined in 1956 by Jhon McCarthy at Dartmouth conference, Massachusetts Institute of technology, USA.
      Artificial intelligence mainly divides into two section 1. Conventional Artificial intelligence, its mostly involved in machine learning. 2. Computational Artificial intelligence which involves iterative development (parameter tuning, non symbolic AI.

     Artificial intelligence deals with intelligent behaviour, learning, speech recognition, facial recognition, handwriting, scanning in machine.
AI system are now in routine use in medicine, military, banking, strategy games. The dynamic use of AI cause significant change in today's society.
    A Virtual Personal Assistance (VPA) or sometimes referred as CHATBOT isused in online chat program for various purposes. Considering the banks humanoid IRA (Intelligent Robotic Assistance) & chatbot EVA ( Electronic Virtual Assistance). While IRA can guide guide people at branch to find the relevant counter for them. EVA can answer common quarries of users who log on to the HDFC bank website.
The chatbot SIA (SBI Intelligent Assistant) of SBI will help customers with everyday banking tasks just like a bank representative.

Robot Lakshmi of Kumbakonam based City Union Bank will be the first site helper. 

Robot Lakshmi

Recently a significant information came into news from Saudi Arabia, SOPHIA - the first robot to be granted as their citizen. 

It's a humanoid developed by Hanson Robotics and inspired by Audrey Hepburn and David Hanson's wife.
 
An online poll found the most widely used Virtual personal assistance are Apple's Siri, Google now of Google, Amazon Alexa, Microsoft Cortena.
Video games, music & movie recommendation services like Pandora, Netflix, Sportify, Amazon Prime, are the sectors currently using Artificial intelligence successfully.

    Science always has two two aspects one is good and another is bad. Its all up to human how he defines it. AI is not an exception. There is a little doubt that AI will displace many low skilled jobs. Arguably robots have already taken many jobs from automobile sector. Take for an example, the concept of driverless car which could displace millions of human drivers. It can bring moral degradation in society. If scientists able to built built feelings in humanoid it can causes existential risk ( movie - Robot).
     Although AI industry is growing in rocket pace in every corner of the world so as in India also. Centre for Artificial Intelligence & Robotics (CAIR) is the primary laboratory of DRDO for research and development in different areas of defence. Information and Communication Technology (ICT) which came into existence in 1986 in Bangalore involved in the research and development of high quality secure communication, command, and intelligent systems, smart border surveillance and weather forecasting models to complement Digital India Mission.

    Despite some of the threats and challenges it would be stupid to argue that AI is not the future and its only a matter of time that machines will replace most of the jobs. Its doesn't mean the end of the road for humanity. We have a great history of technological revolution causing social and political changes in society.
In the early years there are bound to have some fears and challenges but so was the case with French revolution, Industrial revolution, Steam engines, Spinning machines, and most recently computers. Nevertheless, there will be more opportunities in the fields not yet known and there will be more jobs to cater the human needs.

AI has the potential to increase India's annual growth rate of Gross Value added  (GVA) by 1.3% lifting the country's income 15% by 2035. Recognising its huge potential many MNCs have started embracing the technology in a big way. In India's context we can expect a new set of opportunities that can gain higher business efficiency, and revenue augmentation to improve India's GDP,consumer experience, above all ease of doing business.