Artificial intelligence: how to invest - Business Insider - http://www.businessinsider.com/artific...
Feb 24, 2015
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"Artificial intelligence is about to take off in a big way.
According to a new report by Goldman Sachs, AI is defined as "any intelligence exhibited by machines or software." That can mean machines that learn and improve their operations over time, or that make sense of huge amounts of disparate data.
Though it's been almost 60 years since we first heard of the term AI, Goldman believes that we are "on the cusp of a period of more rapid growth in its use and applications.""
- Sean McBride
"The reasons? Cheaper sensors leading to a flood of new data, and rapid improvements in technology that allows computers to understand so-called "unstructured" data — like conversations and pictures."
- Sean McBride