AI Basics
This is what “AI” stands for.
Artificial Intelligence.
This Google-owned tool uses AI to help businesses target ads more effectively.
Google Ads.
AI can help companies keep track of stock levels through this type of management system.
inventory management.
This is the most common risk associated with AI hiring tools.
bias & discrimination.
Ms 365 Workspace productivity tools embedded with AI.
Word, Excel, Teams, Outlook — now with Copilot
ChatGPT, Bard, and Claude are examples of this type of AI system.
Large Language Models (LLMs) / Generative AI tools.
Predictive analytics in sales helps companies forecast this.
sales & revenue.
This AI technique is used to predict machine failures before they happen.
Predictive maintenance.
Deepfakes are created using this AI technology.
Generative adversarial networks (GANs).
They are the most in-demand skills for workers to complement AI.
critical thinking, problem-solving, creativity & emotional intelligence
The process of feeding data into an AI model to improve its performance is called ___.
Training
Netflix and Amazon use this AI technique to recommend products and shows.
collaborative & content-based filtering.
Companies like Uber use AI for route optimization, also known as ___.
shortest-path algorithms
When an AI model gives unfair results because of biased training data, we call it ___.
Algorithmic bias.
“Co-pilot” models like GitHub Copilot assist workers in this field.
software development & coding.
This test is named after a British mathematician and is used to evaluate if a machine can mimic human intelligence.
The Turing Test.
This AI process is used by airlines and ride-hailing apps to set different prices.
algorithmic pricing
Robotic Process Automation (RPA) uses AI to automate these kinds of repetitive tasks.
back-office & rinse-repeat admin tasks
GDPR and other regulations emphasize the importance of this in AI decision-making.
Transparency.
AI is predicted to create more jobs in this sector than it eliminates.
Healthcare
This branch of AI focuses on machines that can understand and process human language.
Natural Language Processing (NLP).
AI-powered chatbots like Intercom or Drift are also known as ___ assistants.
virtual...
The AI principle that balances “exploring new options vs exploiting known ones” is critical in supply chain optimization.
The exploration–exploitation trade-off (multi-armed bandit problem).
This famous AI researcher warned that AI could become humanity’s “biggest existential risk.”
Stephen Hawking.
By 2030, AI is estimated to add this many trillions of dollars to the global economy.
circa $15 trillion