Artificial Intelligence Essential Glossary of Terms

Artificial Intelligence AI is a field of computer science dedicated to creating systems capable of performing tasks that typically require human intelligence. To understand AI, it is important to familiarize yourself with key terms that define its landscape.

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  1. Machine Learning ML: A subset of AI, machine learning involves algorithms that enable computers to learn from and make decisions based on data. ML models improve their performance as they are exposed to more data, often without being explicitly programmed to do so.
  2. Neural Networks: Inspired by the human brain, neural networks consist of layers of interconnected nodes, or neurons, that process data. They are crucial for tasks such as image and speech recognition, where they help in identifying patterns and making predictions.
  3. Deep Learning: A specialized form of machine learning that uses deep neural networks with many layers. Deep learning is particularly effective for complex tasks such as natural language processing and autonomous driving due to its ability to handle vast amounts of data and identify intricate patterns.
  4. Natural Language Processing NLP: This branch of AI focuses on the interaction between computers and humans through natural language. NLP enables machines to understand, interpret, and generate human language, making it fundamental for applications like chatbots and translation services.
  5. Artificial General Intelligence AGI: Unlike narrow AI, which is designed for specific tasks, help here AGI represents a form of intelligence that can understand, learn, and apply knowledge across a wide range of tasks, similar to human cognitive abilities. AGI remains a theoretical concept and is a goal for future AI development.
  6. Reinforcement Learning: A type of machine learning where an agent learns to make decisions by performing actions in an environment and receiving feedback in the form of rewards or penalties. This approach is used in areas such as game playing and robotic control.
  7. Supervised Learning: In supervised learning, algorithms are trained on labeled data, where each training example is paired with an output label. The model learns to map inputs to the correct outputs, which is useful for tasks like classification and regression.
  8. Unsupervised Learning: This approach involves training algorithms on unlabeled data, allowing them to identify patterns and structures without predefined categories. Clustering and dimensionality reduction are common techniques in unsupervised learning.
  9. Overfitting: A situation where a machine learning model learns the training data too well, capturing noise and details that do not generalize to new data. Overfitting can lead to poor performance on unseen data, so techniques such as cross-validation and regularization are used to mitigate it.
  10. Transfer Learning: A method where a pre-trained model on one task is adapted to perform a different but related task. This approach leverages existing knowledge to improve learning efficiency and performance on new problems.

Systems of Banking Technology – Need to be aware

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