We have fully automated buildings (business and homes), autos, and automated ser

Question

We have fully automated buildings (business and homes), autos, and automated services that buy and sell energy on a global energy micro-grid network. Automated factories build customized pharmaceuticals, autos, agriculture, and computing devices, just to name a few. Smart Machines, both autonomous and human-managed, will shape the Autonomous Economy, as they will be running the factories, Innovation Ecosystems, Maker Networks, and global businesses that will dominate economic growth in the future. By 2025 the Autonomous Economy will be well defined—in fact, it is emerging now.

The Autonomous Economy developed out of the convergence of automated machines that run factories based on computing, geo-intelligence, and the Internet of Things (IoT) to create we call AI or artificial intelligence. The newer AI is based on cognitive computing, neuroscience, genomics, and nanotechnology and is used to create a new era of Smart Machines that perform all types of industrial and Knowledge-Value work. They also upgrade themselves and operate entire global enterprises independent of humans.

Pick one the ideas above and expand on it, with about 200-300 words, with citations and references.

Explanation / Answer

Solution:

When talking about Artificial Intelligence, lots and lots of example of artificial intelligence is helping and making our jobs easier. From Apple’s Siri to auto-driving cars, artificial intelligence is developing rapidly. For most of us AI means science fiction, but the fact is AI can encompass anything from search engines to autonomous weapons.

So, the autonomous economy developed how artificial Intelligence is being utilized in almost every field from Industrial automation to Internet of Things. The newly developed artificial intelligence uses cognitive computing along with usage of nanotechnology in several smart Phones. Implementation of AI in smartphone has bring a revolution to the current world. Using a smartphone, you can perform almost every complex task in time. The smartphone is being implemented with Google Assistance or Siri or Cortona and you can ask them anything you want to know. They will come up with appropriate solutions.

The usage of Artificial Intelligence in automation industry is another great invention. Though AI lots of industrial automation is performed smoothly. Lots of jobs that normal human can’t perform is actually being performed by robots. You can check the food packaging industries, packaging is actually done by machines and at every level machine are being used such that human effort gets reduced.

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