Study Flashcards

(26 cards)

1
Q

What is Artificial Intelligence (AI)?

A

The simulation of human intelligence processes by machines, especially computer systems.

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2
Q

Name three examples of AI applications.

A
  • Expert Systems
  • Natural Language Processing (NLP)
  • Machine Learning (ML)
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3
Q

What programming languages are popular among AI developers?

A
  • Python
  • R
  • Java
  • C++
  • Julia
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4
Q

What does IoT stand for?

A

Internet of Things

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5
Q

Define the Internet of Things (IoT).

A

The collective network of connected devices and the technology that facilitates communication between devices and the cloud.

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6
Q

How has the size of chips affected IoT development?

A

Progress was initially slow because the chips were big and bulky.

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7
Q

What are the main impacts of AI on business?

A
  • Data-driven decision-making
  • Automation
  • Customer personalization
  • Fraud detection and cybersecurity
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8
Q

How does AI enable data-driven decision-making?

A

AI-powered analytics tools can process vast amounts of structured and unstructured data, identifying patterns and insights.

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9
Q

What is Robotic Process Automation (RPA)?

A

Integrates AI to perform more complex, decision-based tasks in workflows.

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10
Q

What benefits does IoT provide in business?

A
  • Real-time monitoring
  • Enhanced customer experiences
  • Predictive maintenance
  • Operational efficiency
  • Data collection and analysis
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11
Q

What role does AI play in predictive maintenance?

A

AI analyzes data from IoT sensors to predict maintenance needs before failures occur.

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12
Q

True or False: AI can help improve cybersecurity in IoT.

A

True

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13
Q

What is the synergy between AI and IoT in business?

A
  • Smart decision-making
  • Automation and optimization
  • Enhanced customer interaction
  • Dynamic business models
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14
Q

Fill in the blank: AI processes the massive datasets collected by ______ devices.

A

IoT

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15
Q

What is an example of AI and IoT integration in retail?

A

Smart shelves and automated checkouts

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16
Q

How does AI enhance customer experience through IoT?

A

By personalizing experiences based on data collected on customer behavior.

17
Q

What is the impact of AI on supply chain optimization?

A

AI optimizes logistics, inventory management, and distribution routes.

18
Q

What are the benefits of integrating AI into IoT?

A
  • Faster issue resolution
  • Improved security
  • Predictive and prescriptive maintenance capabilities
19
Q

Name a case study where AI is used for predictive maintenance.

A

General Electric (GE)

20
Q

What is the role of AI in John Deere’s precision agriculture?

A

AI analyzes IoT sensor data to provide insights on planting, harvesting, and crop management.

21
Q

How does Amazon utilize AI and IoT in its warehouses?

A

To optimize the storage and retrieval process using robots and AI algorithms.

22
Q

What innovative business model is enabled by AI and IoT?

A

Product-as-a-service

23
Q

What is the significance of real-time analytics in IoT?

A

Provides immediate insights for time-sensitive decisions.

24
Q

Fill in the blank: AI can help ensure IoT data collection complies with ______ regulations.

25
What technologies are shaping the future of interconnected business operations?
AI and IoT
26
What is a digital twin in manufacturing?
A virtual representation of a physical object or system used for analysis and optimization.