What Is Artificial Intelligence (AI)?

“Artificial intelligence, also abbreviated as AI, refers to systems or machines that mimic human intelligence to perform tasks and can gradually self-develop with the help of the information they collect.”

Alan Turing, the inventor of the Enigma machine that deciphered the codes used by the Nazis during World War II, asked himself in the 1950s: "Can machines think?" To date, developments in the field of artificial intelligence are very close to answering this question in the affirmative.

Summing up, we can say that the field of artificial intelligence aims at creating machines that can think like the human mind. That means that mechanical beings can think, make decisions, and act. While it seems like it will take a long before AI-based applications behave completely like humans, the programs and areas of use that have already emerged indicate that this time is not far off.

Applications and Uses of Artificial Intelligence

Artificial intelligence is present in many areas of our lives, both familiar and unknown to us: from chatbots to autonomous flights, from merchandising to agriculture, from security to manufacturing, and from self-driving cars to breathtaking sci-fi movies...

Therefore, the appropriate question will be not “In what areas is artificial intelligence used?” but "In what areas is it not used?".

Artificial intelligence technologies are usually grouped into two categories: Narrow (narrow) and Artificial General Intelligence (general).

Narrow AI is also known as weak AI. Because these types of AI applications are limited in scope, they often focus on perfecting just one task. We are quite familiar with such applications as Siri, Alexa, self-driving cars, Google search, Netflix… Narrow AI is present in every aspect of our lives.

Artificial General Intelligence, on the other hand, is a little more like science fiction. It can be considered the last step in the development of AI. To give an example of AGI we can turn to the cinema. Examples include the Terminator, Data in Star Trek, the Cylon race in Battlestar Galactica, and HAL 9000 in 2001: A Space Odyssey.

Borusan Cat and Artificial Intelligence

We at Borusan Cat, using the opportunities offered by artificial intelligence, strive to be a pioneer in this sector, keeping an eye on new application areas of AI. Through the predictive maintenance we offer, we demonstrate our proactive approach and continue to create value for our customers.

An artificial intelligence application called Müneccim and developed by Borusan Cat processes the millions of lines of data it collects from work machines daily and pre-determines possible malfunctions. We also ensure business continuity by providing our customers with solutions for failures that have not yet occurred. We know that as of 2020, thanks to Müneccim, our customers have saved up to 5 million euros. We also contribute to sustainability by preventing the generation of 25 tons of waste in a circular economy.

Another application also aimed at preventive maintenance, Sound Diagnostic, can use artificial intelligence to transmit real-time sound data that it listens to for 30 seconds and share information about whether the machine is working or not via Boom360.

With the help of our other artificial intelligence tool, RFMS (Recency, Frequency, Monetary, Sensitivity), we can predict the likelihood of our customers buying new or used cars two months in advance.

With the help of Robotic Process Automation (RPA), we automate and improve processes using more than 200 cognitive robots in departments ranging from accounting to sales.

With Commodore, we process the tens of thousands of IoT signals we receive daily and translate them into rules, detecting possible instantaneous machine failures and informing both our customers and our service engineers of the need for intervention.

With Boom360, we enable our customers to manage all their needs with a single app. Our customers have access to all Borusan Cat warranted products for sale, their specifications, and prices. They can also sign up for maintenance or service through this application. Boom 360 also helps Borusan Cat customers organize their cash flow by converting equipment financial information into real data. Here they can even get a discount!

Advantages of Artificial Intelligence

Artificial intelligence brings many benefits to our lives. The most obvious of these is that AI relentlessly performs the tasks we give it. Examples include call centers working with no interruptions or seamlessly running automation systems. Of course, a tireless employee is attractive to employers as well.

AI uses the data it has to make decisions. That is a guarantee that it will always make reasonable decisions. In addition, AI does not get bored, does not take offense, does not seek a change of position, does not use mobbing, and does not break hearts. That makes it suitable for repetitive tasks.

AI is also coming to the fore in performing tasks beyond the power of humans. The limitations of the human body or other aspects of humanity mean nothing to AI. That makes it attractive to perform hazardous work using robots. Thus, the concept of an ideal workforce becomes a key argument in favor of AI companies.

Disadvantages of Artificial Intelligence

Apart from the advantages of artificial intelligence, it also has some disadvantages. First of all, in modern day environment, the cost is the main barrier to the use of artificial intelligence. While it is believed that the expenses will return in the long term, they yet are considered to be the greatest difficulty in the spread of AI.

In addition to material conditions, the field of AI also faces philosophical dilemmas. For example, what does it mean for us humans to delegate our work to the machines we create? Or how much those machines change the way people live? Where are the limits of machine creativity? What rights can artificial intelligence claim for humans?

We foresee that the field of artificial intelligence will remain popular for a long time to come. How do you see the future of artificial intelligence? Are you an optimist or a pessimist?

theBClog

Author

TheBClog consists of rich content prepared by all Borusan Cat members on topics such as sustainability, productivity, future, technology, and the business world. The stories of success shared by the Borusan Cat members meet with the world at TheBClog in Turkish, English and Russian.