by SafMaq
Publishing Date: January 15, 2017.
Introduction
Artificial intelligence is expanding and enlarging at astonishing figures and all the credit goes to science and tech. It is a well-known and most aspired technology in the contemporary era. People’s aspirations and vocations about AI have resulted in immense contributions to humanity. Diverse and distinct ideas and thoughts are paving way to adapt more towards artificial intelligence. Some people imagine different AI ideas and adapt to materializing them in order to help humanity.
What exactly is Artificial Intelligence?
So, what exactly is Artificial Intelligence? AI is the art of tutoring the computers to work like us and reflect the output as we humans do. AI is an interesting field of science where scientists use their brains to introduce the world to newer technology and gadgets. Several projects are underway presently, in machine learning to help make the world a better and safer place to thrive on.
Artificial Intelligence - What's The Addiction to it?
Today, people are more interested in this field because of its diversity and ever-increasing demand. AI has long been considered the future of this world. Now that the world has made progress by leaps and bounds in this field, people become astounded by the newer robots that take up the marketplace every so often. These newer inventions and robots stir in people's imaginations a newer concept and idea and a sense of acquiring knowledge about the field. For students pursuing AI, selecting a project is one of the difficult tasks. This content aims to discuss a few of the projects that may prove helpful to AI addicts.
Artificial Intelligence Projects to for beginners?
Even though, the field is quite diverse and has many sub fields to it yet, for beginners or students pursuing Artificial Intelligence degrees as a career, need a starting point to showcase their understanding about the field. The choice of selecting a project as a beginner is one of the most difficult topic newbies often delve into. This is because, choosing a way too difficult project in the very beginning might lead to lost in confidence and discouragement about the field for a newbie. Picking a right project as a beginner is, therefore, a most crucial thing. Here I will discuss a few of the AI projects for beginners that may prove helpful to AI addicts and newbies.
1) AI robot that Recognizes hand written digits of humans
Let us be honest here, there are a lots of people who's hand writing really sucks. These writings not only are awful but, also are very hard to decipher. As a result people often get stuck between letters and words.
While some may have a cursive hand writing style and they give different angles and dimensions to their letters, others may prefer to side with block script. Either of the two scripts of lettering, people have different style of angling their letters which makes the writings unique for all.
How will this happen?
To solve this issue with letter deciphering, Artificial Intelligence field can be put to use here by employing robots that can decipher these letters better than humans do. In this project, the robots will have to be trained on multiple data-sets of handwritten documents from different people. Upon each data-set training completion, the robots will undergo a testing phase to check the accuracy of the robot corresponding to each data-set. Thereby, the robot after several data-set training will become more accurate in understanding the letter angling of different handwriting
2) AI Robot for Stock Sales Prediction
Further, the business world is also evolving due to which stock sales go through inflation and disinflation quite often. For those who don't know, stock sale prediction is the strategy employed to determine the company's financial assets exploited on exchange or simply the company's product (the stock) sell rate in the future.
Although many factors like statistical analysis and fundamental analysis are employed in prediction of stock sales yet, none of these methods has proved to be consistent enough for accurate sale prediction. The accuracy in sales prediction strategies can help create humongous profits for the firms and companies. Therefore, if the stock sales prediction system becomes AI-oriented it can help boost the business and morale of businessmen. It would be an absolute AI project to work on, as it will benefit the finance sector immensely.
How will this happen?
Implementation of this strategy for robots handling will firstly require a complete data-set of company's past sales charts which will include the data of both the stock sales that yielded profit and those which were not quite profitable. Secondly, the robots will be trained on these past data-sets to help define a strategy according to the trends in the marketplace and the stock sales data history of the company. The robot thus trained can help better predict the stock sale prices for a company.
3) AI Robot for House Sale Price Prediction
The real estate agencies can also make use of artificial intelligence approach in their business or even people can make a personal benefit out of AI approach for their property. This is an interesting project to work on especially for people who have interest in property dealing and estates.
Artificial Intelligence through machine learning can revolutionize the real estate business by providing sale price predictions of house or property even before the property goes up for sale. Not only this AI can be implemented in various projects related to real estate management.
How will this happen?
Real Estate agencies can set up Artificial Intelligence based machine learning algorithms to predict the sale price of estates beforehand. These algorithm can be implemented by using the data-set of real estate's previous selling history. Using this data robots can be trained to predict the selling rates in the future precisely. This project will help predict the value of a house when the owner comes up with the idea of selling a house. The algorithm will show the predicted sale value to the owner. Owner if finds the price attractive, will proceed with the plan of selling the house.
Conclusion
To sum up, the field of AI holds a firm diversity and that is the reason why it continues to conquer the world at such a fast pace. Today even car driving and airplane flying systems have become AI-driven. This has exploited the drivers and pilots with the features of Auto drive and Autopilot systems in their vehicles and airplanes.
The need for AI is mandatory in the present world because unlike humans, machines, if trained on data set by machine learning, would reduce the probability of errors in computations. Furthermore, aggressive or hostile environments do not influence a machine. Therefore, they are more suitable to make use of at places where human presence needs not felt and compromised.