INFORMATION TECHNOLOGY
FOR
MANAGERS
MODULE 6
What is Artificial intelligence
It is a simulation of human intelligence in
machines that are programmed to think like
human and mimic their actions refers to
Artificial Intelligence (AI)
2
Understanding Artificial Intelligence
• Simulation of human intelligence in machine is AI
• Learning, reasoning and perceptions are goals of AI
• Different industries like finance and healthcare are
extensively using AI
• Weak AI is simple and single task oriented and
strong AI carries on tasks that are more complex and
human like.
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Applications of AI
Health care industry for dosing drugs and different treatments in patients.
Self Driving Cars (Computer system must account for all external data and
compute it to act in a way that prevents collision)
Computer playing chess.
Financial industry – used to detect and flag activities in banking and finance
such as unusual debit card usage and frauds
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Classifications of AI
Weak AI Strong AI
Carry out one Carry on tasks
particular job considered to
be human like
Solve problems,
Ex: Video makes
games, Siri, decisions
Alexa without human
interventions
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History of AI
AI term coined in the year 1956 at a conference in Dartmouth College in
Hanover.
Year 1980 British Govt started funding in parts to complete the efforts of
Japanese
Year 1997 IBM’s “Deep Blue” becomes the 1st computer to defeat
grandmaster Gary Kasparov .
Year 2011 computer system WATSON wins quiz show “Jeopardy”
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Levels of Artificial Intelligence
Artificial Narrow
Intelligence (ANI)
Artificial General
Intelligence (AGI)
Artificial Super
Intelligence
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Levels of Artificial Intelligence
Artificial Narrow Intelligence (ANI): Referred as
Weak AI. Performs single act. They have narrow
capabilities. Used for Diagnosing and treating Cancer
and other related illness.
Examples: Machines for speech Recognition
Machines that only work on voice commands.
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Levels of Artificial Intelligence
Artificial General Intelligence (AGI): Machines exhibit generalized
cognitive abilities of human beings. Competent enough to work like
humans.
Examples: Recognition, Recall, Hypothesis testing, Imagination
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Levels of Artificial Intelligence
Artificial Super Intelligence (ASI): Commonly known as super
intelligence. It is a hypothetical concept believed to surpass human
intelligence. It would remove distinction between human intelligence
and machines.
ASI will excel in areas where humans have become unsuccessful.
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TYPES OF AI
Limited
Reactive
theory
Theory Self
of Mind Aware
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AI in Agriculture
Agricultural Robots: Companies are
developing autonomous robots to
handle agricultural tasks.
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AI in Agriculture
Crop & Soil Monitoring:
Leveraging computer vision and
deep learning algorithms to
process data captured by drones
to monitor crop and soil health.
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AI in Agriculture
Predictive analytics: Machine
Learning models are developed to
track and predict various
environmental impacts on crop
yield such as weather change.
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AI in health Care
AI for
AI for Patients
Administrators
Buoy health app
Robot Assisted
uses algorithm
Surgery
that treats illness
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AI in Business
Chatbots E-commerce
Workplace HRM
communication
Logistics and Streamlined
supply chain
manufacturin
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AI in Edtech
• Personalized learning with AI
• Emergence of Voice assistance
• Smart open content
• Feedback and scoring system
• Smart test preparation application
• Smarter scheduling tools
• Improving assessment
• Professional Learning
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INTERNET OF THINGS (IOT)
Internet of Things (IOT) is a network of physical
objects called “things” that are embedded with
software, electronics, network and sensors that allow
these objects to collect and exchange data.
Objective Internet of Things (IOT)
The goal of IOT to extend to internet connectivity
from standard devices like computer, mobile and
tablet to relatively dumb devices like AC, Fans
etc…
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Understanding Internet of
Things (IOT)
• It is a interrelated system of objects, digital and
mechanical machines that are provided with UID’s
and with data transferability through networks
without considering human-to-computer or human-
to-human interactions.
• In IOT, things can be assigned with an IP address
and is able to transfer data through the network.
• IOT is rapidly used in many organizations to
generate better customer understanding, to enhance
service to customers, improve decision-making and
to increase business value.
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Advantages of IOT
Efficient utilization of resources: If we know the
functionality, then we can increase the resource
utilization.
Minimizing the efforts of humans: IOT interacts with
each other and do lot of tasks for us.
Time-Saving:
Enhancing collection of data: Quality and Quantity
of data collected improves.
Improve Security: Systems are interconnected.
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Disadvantages of IOT
Security: The system offers little control, as the IOT
systems are interconnected over networks.
Privacy: The IOT system provides personal data
substantially.
Complexity: The development, designing, enabling
and maintaining large technology to IOT system is
complicated.
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Challenges faced by
IOT
Security: The system offers little control, as
the IOT systems are interconnected over
networks.
Regulations:
Compatibility:
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Major Exponential
Technological drift
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Major Exponential
Technological drift
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Role of Data for Emerging
Technologies
• Data is the name given to basic facts
and entities. Quality data collection
helps business to make informed
decisions. Reliable data allows
organizations to establish
benchmarks, goals and baselines.
Qualitative and Quantitative are the 2
main types of data.
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