Interested to know the different types of AI for business? Then, continue reading with us till the end. In the following write-up, you’ve underlined some of the basic AI kinds along with their usage in various sectors.

Let’s begin with answering one of the most commonly searched questions over the internet

What Is Artificial Intelligence?

Artificial Intelligence is an advanced process of creating intelligent machines from a wide volume of data. It learns from previous experiences and performs the task like humans. AI helps to develop the speed, accuracy, and effectiveness of our efforts. This latest theory will use complex algorithms and methods to customize intelligent machines, which can make the right decision like human beings. Also, Machine Learning (ML) & Deep Learning are considered key points of AI.

As of today, Artificial Intelligence is used in several business domains, like –

• Healthcare

• Transportation

• Retail & Banking

• Entertainment Industry

• E-Commerce

• IT Sector

• Research & Development

• Accounting & Finance

• Manufacturing Industry

Now that you’ve clearly understood what artificial intelligence is, you will check out the different types of Artificial Intelligence here

Types of Artificial Intelligence

Artificial Intelligence is categorized according to its capabilities and functionalities. Depending upon its capabilities, artificial intelligence is classified as –

1. Narrow AI: This week artificial intelligence can conduct only a single work and cannot perform beyond the limitations.

2. General AI: This strong instrument can understand and study intellectual tasks to perform results like human beings. And so, it enables a machine to apply skills and knowledge in various contexts.

3. Super AI: This advanced intelligence can surpass our intelligence and perform the task better than human beings. However, it’s way ahead to come into action.

Under functionalities, AI has been divided into the following type

Reactive Machine

This primary sort of artificial intelligence cannot store memories or use previous experiences to verify upcoming actions, and so it just works as per the current information. The reactive machines are given with specific work and don’t have the talents to function beyond those tasks.

For example – IBM’s Deep Blue is a reactive machine that beats ‘Grandmaster of Chess’, Garry Kasparov in 1997.

Limited Memory

Limited Memory AI trains from previous information to make the right decision. The memory of such a system isn’t permanent, which can only use previous info although cannot add anything to the library. This kind of technology is incorporated into self-driving vehicles.

For example – Mitsubishi Electric has been trying to figure out steps to improve such mechanisms for the application of self-driving vehicles.

Theory of Mind

This kind of artificial intelligence represents an advanced class of technology and survives only as a unique concept. The theory of mind can understand our requirements to modify the feelings & behavior of human beings. And so, it can easily understand people’s emotions, sentiments, and points of view. However, it isn’t completed yet to come into action.

For example – Kismet & Sophia from Hanson Robotics are ideal examples of the theory of mind AI.

Self-Awareness

This is a concluding stage of AI development that doesn’t have any real existence. This advanced system can understand the internal qualities and conditions, and also identify the general emotions of human beings. These instruments are smarter compared to our minds, although cannot understand or evoke emotions while working on a particular job. Hence, the development of self-awareness can prospectively encourage our progress in various segments.

The Bottom Line

That’s difficult to create such intelligent machines, which can solve various problems and are self-aware. But here we’ve outlined a general categorization of artificial intelligence and how this theory helps to possess the abilities to make the right decision.

Let’s hope this informative write-up will guide you to understand the different types of AI.

Do you’ve any more questions related to artificial intelligence? If you’ve, you are requested to put it in the comment section. Our team has been helping readers to solve widespread queries related to this topic at the earliest.