Artificial intelligence (AI) is defined in many ways, from broad to specific. Essentially, AI is defined as a computer program’s ability to mimic humans’ ability to adapt, learn, and problem-solve within a changing environment. It does so by using computer vision, machine learning, and neural networks. 

When people hear modern-day terminologies like artificial intelligence and machine learning, it’s easy to mistake them for synonyms. Contrary to popular belief, they are not the same. Artificial intelligence (AI) is defined as artificial, simulated human intelligence behavior written in machine code called algorithms. Humans write the code, and the programs are then placed into machines to mimic human actions. Devices can problem solve and carry out commands, but it is with human intervention through code. 

Despite the circumstances of the past year, the artificial intelligence market is expected to keep growing. The latest figures show a five-year compound annual growth rate (CAGR) of 17.1%, meaning global revenues will exceed $300 billion in 2024.

2021 is going to be an exciting time in the world of technology. Following the long-standing tradition of necessity being the mother of invention, the unprecedented challenges faced in 2020 have brought forth a heightened sense of urgency to adapt to the new world, and the tech field has evolved accordingly working to make life safer, more efficient and more manageable.