As an AI project manager, you need to understand the basics of AI so you are always at the front edge of developing innovative AI products. This article will explain the fundamentals of Artificial intelligence and the steps included in building a best in class AI product. You will also get an essence about the strategies and approaches that can be utilized to make the project successful.
Let us start with the definition of AI.
“The science and engineering of making computers behave in ways that until recently, we thought required human intelligence.” — Andrew Moore
AI can be applied…
Machine learning is an application of Artificial Intelligence (AI) that provides machine the ability to automatically learn and improve from experience without being explicitly programmed.
In today’s business world, machine learning is used to solve many complex problems which help companies to save time and cost and automate their most time-consuming operations.
Data is the main aspect that gives the machine to learn and make intelligent decisions. …
Deep learning is the subset of machine learning which is inspired by the structure and function of the human brain, also known as Artificial Neural Network (ANN).
It is not a new concept but it dates back to 1943 when Warren McCulloh and Walter Pits developed a computer model based on the workings of neural networks of the human brain. They used a combination of mathematics and algorithms which they called threshold logic to mimic the thought process. After that deep learning has evolved slowly and steadily. …
Every question has an answer!
In any business scenario, any question can generally have two answers. Whenever we are faced with some problems, we have to make choices and to make those choices we use testing which is known as Hypothesis testing, which helps us with making decisions with a significant amount of confidence.
For e.g. what is the trend of online course subscribers?
It can be increasing or decreasing if we see the bigger picture.
A hypothesis is a claim (assertion) about a population parameter:
Example: The mean monthly cell phone bill in a…