Is Machine Learning Artificial Intelligence
Artificial Intelligence and Machine Learning courses
How does AI learn
What is Artificial Intelligence
What is Machine Learning
International Leadership Development Programme
Right now, Artificial intelligence (AI) and Machine Learning (ML) are transforming the world of business and commerce as we know it. We cannot escape this inevitable change. AI and ML are disrupting industries and organisations as you read this. All of us should understand the basics of this fast-evolving field and consider the implications for our own lives, our careers and the organisations where we work. The International Leadership Development Programme from Regenesys Business School recognises this crucial opportunity for businesses and their leaders, and an intensive insight into the worlds of AI and ML from a bases for sounds leadership training through the programme.
In this, one of a series of articles on the subject, we look at Artificial Intelligence (AI) as an effective means that may be employed by leaders and future leaders to enhance, deelop, streamine and grow their businesses, right up to an international scale.
WHAT IS ARTIFICIAL INTELLIGENCE?
Artificial intelligence (AI) underpins most of what is going to happen in our new world. It’s been around for a while, and its importance will accelerate post Covid-19. Intelligent machines are influencing nearly every facet of our lives to help improve efficiencies and augment our human capabilities.
A working understanding of AI is critical for just about every career because machines can learn and make decisions much quicker and more accurately than humans. There are many types of artificial intelligence, where instead of being programmed what to think, machines can observe, analyse and learn from data and mistakes just like our human brains do.
AI is a technology that makes computers/computer programmes able to imitate the workings of the human mind. AI is active in self-driving cars, playing chess, proving theorems, and playing music.
Financial institutions, law firms, media companies and insurance companies are all working on ways to use artificial intelligence to their advantage. AI is used to discover fraud, write news stories, and review legal contracts.
The technology is altering industries from finance to manufacturing, from health care to mining with new products, processes and capabilities. The International Leadership Development Programme from Regenesys Business School recognises and develops on the need to incorporate these digital developments into any business seeking to not only survive, but to thrive in the new digital age.
Types of AI
AI can be classified into Vertical or Horizontal AI. Let’s explain this.
A single task is performed, such as scheduling meetings or automating repetitive work, etc. Vertical AI bots performs just one job for you and do it so well, that we might mistake them for a human.
Multiple tasks are performed in horizontal AI. Cortana, Siri and Alexa are examples of Horizontal AI. These services are able to answer questions such as “What is the temperature in Nababeep?” or “Call Sipho”. They are able to perform multiple tasks, unlike vertical AI.
The workings of both horizontal and vertical AI systems form a modular cornerstone of the Regenesys Business School’s International Leadership Development Programme.
AI developed analysing how the human brain works when solving a problem and then using those analytical problem-solving techniques to build complex algorithms to perform similar tasks. An algorithm is a process or set of rules to be followed by a computer when doing calculations or solving problems. It’s pretty much the equivalent of a recipe to bake a cake. Except that the computer follows the set of rules every single time, without mistake. It is the set of instructions a computer will follow in order to complete a task.
AI is an automated decision-making system, which continuously learns, adapts, suggests and takes actions automatically. AI requires algorithms which are able to learn from experience. This is where Machine Learning ML comes into the picture.
The International Leadership Development Programme (ILDP) from Regenesys Business School comprises of a world-class, innovative and disruptive curriculum that develops leadership competencies for the new digital world, including modules on Machine Learning and Artificial Intelligence.
The intense programme explores cutting-edge knowledge, global trends and best practice in digital transformation, entrepreneurship, strategy, and innovation from the fastest-growing companies in the USA.
Participants are exposed to applied learning using innovative learning techniques, master classes, exposure to giants of industry, focused networking opportunities and commercial
matching to sector-level opportunities. The programme is facilitated by global faculty comprising experts in specialised fields as well as top business leaders.