Study Flashcards
(26 cards)
What is Artificial Intelligence (AI)?
The simulation of human intelligence processes by machines, especially computer systems.
Name three examples of AI applications.
- Expert Systems
- Natural Language Processing (NLP)
- Machine Learning (ML)
What programming languages are popular among AI developers?
- Python
- R
- Java
- C++
- Julia
What does IoT stand for?
Internet of Things
Define the Internet of Things (IoT).
The collective network of connected devices and the technology that facilitates communication between devices and the cloud.
How has the size of chips affected IoT development?
Progress was initially slow because the chips were big and bulky.
What are the main impacts of AI on business?
- Data-driven decision-making
- Automation
- Customer personalization
- Fraud detection and cybersecurity
How does AI enable data-driven decision-making?
AI-powered analytics tools can process vast amounts of structured and unstructured data, identifying patterns and insights.
What is Robotic Process Automation (RPA)?
Integrates AI to perform more complex, decision-based tasks in workflows.
What benefits does IoT provide in business?
- Real-time monitoring
- Enhanced customer experiences
- Predictive maintenance
- Operational efficiency
- Data collection and analysis
What role does AI play in predictive maintenance?
AI analyzes data from IoT sensors to predict maintenance needs before failures occur.
True or False: AI can help improve cybersecurity in IoT.
True
What is the synergy between AI and IoT in business?
- Smart decision-making
- Automation and optimization
- Enhanced customer interaction
- Dynamic business models
Fill in the blank: AI processes the massive datasets collected by ______ devices.
IoT
What is an example of AI and IoT integration in retail?
Smart shelves and automated checkouts
How does AI enhance customer experience through IoT?
By personalizing experiences based on data collected on customer behavior.
What is the impact of AI on supply chain optimization?
AI optimizes logistics, inventory management, and distribution routes.
What are the benefits of integrating AI into IoT?
- Faster issue resolution
- Improved security
- Predictive and prescriptive maintenance capabilities
Name a case study where AI is used for predictive maintenance.
General Electric (GE)
What is the role of AI in John Deere’s precision agriculture?
AI analyzes IoT sensor data to provide insights on planting, harvesting, and crop management.
How does Amazon utilize AI and IoT in its warehouses?
To optimize the storage and retrieval process using robots and AI algorithms.
What innovative business model is enabled by AI and IoT?
Product-as-a-service
What is the significance of real-time analytics in IoT?
Provides immediate insights for time-sensitive decisions.
Fill in the blank: AI can help ensure IoT data collection complies with ______ regulations.
GDPR