In Simple Terms, What is AI/ML?
Machine learning (ML) and artificial intelligence (AI) are cutting-edge technologies that enable computer systems to learn and make decisions without explicit programming. Imagine teaching a computer to recognize patterns and make predictions by showing it numerous examples. That's machine learning. AI goes a step further by combining machine learning with reasoning and problem-solving capabilities, aiming to create machines that can simulate human intelligence. Think of AI as the brainpower behind machines, empowering them to understand, learn, and act intelligently.
AI/ML Applications Across Industries
The applications of machine learning and AI span across various industries, transforming the way we work and live. In healthcare, these technologies can be used to analyze medical data and assist in diagnosing diseases. They can revolutionize transportation systems by powering self-driving cars that can navigate roads and make decisions in real time. AI-powered virtual assistants, like Siri and Alexa, have become integral parts of our daily lives, offering personalized recommendations and answering our queries. E-commerce platforms utilize machine learning algorithms to recommend products based on customers' preferences and browsing history. Moreover, AI and machine learning find applications in finance for fraud detection, in manufacturing for quality control, and in agriculture for optimizing crop yields. The possibilities are vast, and the potential for innovation and efficiency gains is enormous across numerous sectors.
AI/ML at Brightly
At Brightly, we are using AI and machine learning to deliver our commitment to customer growth. For example, we are using cutting-edge technologies such as AWS (Amazon Web Services) Cloud Services and state-of-the-art AI/ ML algorithms to help our customers categorize assets based on the asset descriptions. We are also working on using AI/ML techniques to help our customers manage their warehouses better by providing inventory forecasting.
Until Next Time
In our blog, we will talk about how tools like ChatGPT can help you improve your productivity at work. Need help writing a long article? Are you trying to find ways to debug your code faster? Or after a long day, could you really use some help to crunch some numbers? These are just a few examples of how AI tools like ChatGPT can make our work more efficient.
At the same time, please refer to the ChatGPT and AI Resources guidelines provided by Siemens to make sure we are using any AI tools in the right way!
Other topics we may also mention:
- What’s our company’s legal opinion on this one?
- What you should NOT do when using ChatGPT?
- Spoil alert – it is wise not to type in any sensitive information about our company and yourself. Why? ChatGPT is recording EVERYTHING
- Why ChatGPT is not here to replace your job, but it helps make some work more efficient
- How we’re improving our ML models for more accurate predictions for clients