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technology.
Table of content
Abstract pg 2
Introduction pg 3
Function pg 3-4
Advantages pg 5
Disadvantages pg 5-6
Conclusion pg 6
References pg 7-8
1
Abstract
can deal with big flow of data and conduct accurate result. Furthermore, in order
the database grows, it can solve problems easily with analytical capability.
2
Introduction
products. For example, the programmed electronic devices are used to reduce
integrated system which can be smarter when every time it analyses and stores
Shafer, 2017; Tecuci, 2011). Therefore, many companies invest huge amounts
company needs and improve productivity. This report will explain the reason
technology.
Function
as storage of knowledge. This part of AI collects and stores data such as laws,
solving engine to infer the answer based on the external environment elements
automatically. It has the ability to learn like a human and able to construct the
best strategy to finish a task based on its knowledge (Nilsson, 2014). New entry
The developers of AI can manually change the data, or the learning outcome
3
can be changed through interaction with humans. AI can enhance their
the same mistake (Hamet & Tremblay, 2017; Nilsson, 2014). AI is developed to
by computer engineer. Some social media websites are using AI to deal with
the huge amount of data online There is a wide variety of data available online,
and AI can use existing information to analyse and identify types of new entry
data (O’Leary, 2013). Thus, AI must have sufficient algorithms and information
to deal with all kinds of new data. In addition, AI will be considered as great
to infer the message from user based on contextual knowledge (Nilsson, 2014;
supported by AI. Those devices will carry out certain tasks when they hear the
commands from users. For example, Siri in Apple phones, its speech
recognition engine can process commands from humans and give responses
4
Advantages of AI
mankind. AI can process data quickly and produce result in short period to
achieve work efficiency. For example, O’Leary (2013) states that AI has been
tracking their browsing history. Activity of the user are recorded in AI’s
database, it will infer occupation or hobby of user after analysed the browsing
data. Most revenue of social media websites is selling users interest and
robots and machines. Sykes (2018) explains that manufacturers use robotic
system to increase productivity and achieve cost saving because robots can
Disadvantages of AI
First is high cost, before establishing an AI system, companies have to buy the
hardware and hire programmer to create program which apply to the system.
The hardware is normally expensive so that the maintenance and repair fees
are costly (Fekety, 2015; Reddy, 2016). In addition, due to high performance of
5
AI, there are many employees are replaced by AI to manage vital system. This
led trend of massive unemployment and that might cause another consequence
Conclusion
Companies disregard the risk and investment costs for upgrading current AI,
because they know that the new AI technology will return more than they
invested (Commins, P, 2017). With the trend of applying AI, this technology is
commonly used in many major system, for example most of the online stock
amounts of data to shorten trading time (O’Leary, 2013). Companies use this
there is no denying that AI does make life easier. In conclusion, the idea of
inventing AI may be insane in 20th century, but after efforts of many computer
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References
http://www.afr.com/personal-finance/how-to-invest-in-the-ai-
megatrend-20171218-h06w1v
https://www.linkedin.com/pulse/pros-cons-artificial-intelligence-mike-
fekety
https://visible.com.au/marketing/social-media-advertising/
https://books.google.com.au/books?
id=mTjBQAAQBAJ&printsec=frontcover#v=onepage&q&f=false
O’Leary (2013) IEEE Intelligent Systems. Artificial Intelligence and Big Data, 28,
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Reddy, K. (2016). Advantages and disadvantages of Artificial Intelligence.
disadvantages-artificial-intelligence/
https://ebookcentral-proquest-
com.libraryproxy.griffith.edu.au/lib/griffith/detail.action?docID=840558