Artificial Intelligence: Current Scenario and Future Prospects

Abstract

The advancement of digitalization and digital based Technology lead to resurgence of artificial intelligence (AI). AI emerged out as a key factor in digital transformation offering considerable potential for innovation and growth. AI is making the lives of people easier and become the engine of growth of economy and organizations. It is the driving force behind the innovative technological advancement leading us towards the fourth industrial revolution. Artificial intelligence is composed of two words artificial and intelligence. Artificial is word reflects anything which is created or being developed while intelligence here represent, in general, string or intangible term composed of five basic traits -Reasoning, Learning, Problem solving, Perception and Linguistic intelligence. An American psychologist Howard Gardner consider intelligence in a multifold way-