Artificial Intelligence (AI)

What is Artificial Intelligence?

Some of us have heard of Artificial Intelligence, right? To those of us who are new to the concept or term, Artificial Intelligence simply put is the process of getting machines to think or function with or near human intelligence. (Let us be honest, no matter how much a machine tries to function like a human being, it is not human and will still need a human being for some essential things like updates and replacements of parts. Even we human beings need each other to work well).

According to Britiannica, A.I is the ability of a digital computer or robot to handle tasks that are commonly handled by human beings such as reasoning, learning and others. The aim of artificial Intelligence is simply to help make life smoother and easier, in otherwords help human beings. 

What are examples of Artificial Intelligence? Some examples of artificial Intelligence we see every day are the likes of Siri in iphones and Alexa in Amazon products. These intelligent machines are able to handle certain things like answering questions in near human form, though they are constantly upgraded to be more articulate and assertive like human beings.

Alexa from Amazon

Siri from Apple

Fig 1: Examples of A.I

What are the career paths for those in A.I field? The A.I field is predicted to grow to $190 Billion by 2025, thereby creating new jobs like A.I architect, A.I Research Scientist and A.I Engineer. One could also venture into creating parts like computer chips needed for this technology to process information. The Salaries for those in this field range an average from $100,000 to $150,000 yearly. 

What are the Advantages and Disadvantages of A.I?

Advantages:

1) Reduces Human Error

2) 24/7 Availability

3) Assistance

4) Innovation

Disadvantages:

1) High cost

2) Unemployment

3) Emotionless

4) No Ethic

 

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We also want to inform you of our upcoming 100 trades challenge for those interested in Forex trading. All one needs to participate is an internet enabled mobile phone, internet service (lol) and demo trading account. Challenge starts on November (Date will be announced), we would be posting trade set ups on social media platforms like Twitter and Instagram and all you need to do is load them up and see how they play out. Interested participants can also sign up by sending a mail to humteqindustries@gmail.com

Kindly remember the aim of this challenge is Educational.

Fig 2: Forex Trading

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Have a lovely day.

Humteq Industries

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