Management Information Systems for the Information Age

Running Head : Artificial Intelligence

Artificial Intelligence

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Artificial Intelligence

Since few decades , a rapid advancement has been observed in the field of science and technology . In specific , Artificial Intelligence is one of the major accomplishments of technology that has altered and influenced a number of activities in different sectors of human life . In terms of definition , intelligence of machines is termed as Artificial Intelligence or AI . In addition , analysis and designing of intelligent agents is considered the major objective of such branch of computer

br science (Russell , 2003 ) In AI , designed intelligent agents perform actions according to their environment without any support from humans John McCarthy is known as one of the pioneers who have contributed in coining the term of Artificial Intelligence . Furthermore , it was aimed by founders of AI that precise of human intelligence can be acquired , which can be utilized to create intelligent simulations by a machine

Although AI has confronted criticism from skeptics however , it has been applied in a number of sectors for business , medicinal , research and a number of other purposes . For instance , interactive interpreter is one of the applications that utilize AI to interpret different languages in computer science . Besides computer science , AI systems are playing a crucial role in organizing banking operations , such as stock trading real estate , etc . In the year 2001 , a computer-generated financial trading competition was organized , and won by robots (Russell , 2003 Additionally , charges and claims are detected by the utilization of artificial...