Tomer Solel is a  Financial Analyst at I Know First. He graduated from Cal Poly Pomona with a bachelor’s degree in applied mathematics. 

Apple Artificial Intelligence

Artificial Intelligence Helps Apple and the Rest of the World

Summary:

• Artificial intelligence seeks to explain intelligent behavior in terms of computational processes.
• Apple relies heavily on AI with Siri and other developing products.
• AI is already in its developing stages in this world.
• Artificial intelligence is very complex, as it can be both harmful and helpful.
• Finance, medicine, and telemarketing are just a few examples of fields that use AI.
• I Know First uses AI to forecast the stock market when producing its daily forecasts.

Artificial Intelligence

Artificial Intelligence = AI

: An area of computer science that deals with giving machines the ability to seem like they have human intelligence

: the power of a machine to copy intelligent human behavior

– Meriam Webster Dictionary

Artificial Intelligence is the field of study that seeks to explain and/or emulate intelligent behaviors in terms of computational processes. From the time of Isaac Asimov who said that robots can’t harm humans or disobey any orders from humans, until today, we have tried to create a “machine” that will simulate the brain capacity, the brain’s performance, and the brain’s intelligence. This machine will simulate human’s thinking. The term artificial intelligence was first introduced in 1956. We justify this experiment of artificial intelligence to be a mere experiment to feel god-like, or maybe just to prove that we can create something much bigger than ourselves. The real purpose of artificial intelligence is not possible to grasp at this early stage of its development. Artificial intelligence is the newest field of science and is now also an essential part of Technology. Imagine how much greatness we can achieve with an AI that we will control and command what it is going to learn, and at the same time, whatever it learns will benefit us. The real challenge is to actually reach that point where we can program this AI in the right way, to develop it wisely, and to make sure that it is safe. A wide concern about the programming parameters has surged and some experts wrote an open letter to whoever is researching and experimenting with AI to not do so unless it is an in depth research with a greater understanding of what an AI in full capacity would be able to do. The word extinction comes to play at the end of their letter. Will AI outsmart us? What does that imply for humankind? Soon enough, we will be able to program devices that will be smarter, wiser, and better than any of us. Ray Kurzweil once estimated that our brain can handle up to 10 quadrillion computations per second. The world’s fastest supercomputer, according to his estimation, can handle up to 34 quadrillion computations per second. However, that computer requires $390 million to build in addition to 720 square meters in space, making it rather unrealistic at this point. However, with the way the universe is evolving, we can potentially develop a computer as powerful as the human brain in as few as 10 years, creating a human level AI. This is an astounding, yet worrisome revelation. Imagine that a computer started coding by itself. How would it be able to maintain itself? How would it be able to step away from human danger? Could it end humanity altogether? There is a lot of fear when looking at the future of artificial intelligence, but could it just be overblown? A true AI could ruin this world and even threaten humanity, which is why before even creating it, we need to set its controls. Artificial intelligence is making huge strides in problems that have traditionally plagued the field by the use of machine learning. This machine learning mimics the structure of the human brain. But recreating humans is not so simple, and machine learning is currently our best bet. Artificial intelligence is already helping us solve complex problems, and in the future, it should even do way more.

Apple Uses of AI

Apple is one of the biggest companies that rely on AI. Perhaps an example that we take for granted is Siri which was developed by apple and is a very sophisticated device. Siri started as an Apple app, but in 2011, it was implemented into the iPhone 4S and removed from the app store. Siri was also eventually released to the iPad, and also to any subsequent Apple products. It was also attempted to be introduced into the automobile industry.
Now we have cars with satellite navigation and music playback thanks to Siri. So since Apple wants control, and believes it can gain control of the artificial intelligence market over Google and Microsoft, we can expect great things to come in the near future. After investing $200 million in Siri and having the investment paid off, we can trust Apple for more greatness. Apple is even providing hands free kits for cars now. It should continue to be a safe investment for investors. More and more now, investors turn to AI. All signs point to Apple continuing to invest in AI, with smaller companies making breakthroughs as well. The future of AI is already here, as it has helped, and will continue to help Apple succeed.

We See Artificial Intelligence More Than We Realize

We Encounter Artificial Intelligence More Than We Realize

The first step into this myth of artificial intelligence is to understand that we are about to bust that myth. In the Tech-World, we have seen many companies that have opted to use simple AI programs and algorithms. One example of this is IBM’s “Deep Blue” computer which played Jeopardy and beat the all-time best jeopardy contestant. Overall, IBM is believed to have 500 patents related to AI. Another example is a computer chess which managed to beat the world’s best chess player in 2003. An additional example is Google search engine, as every time we go on google, this search engine records the searches we make, the times we log in, locations by the GPS on our mobile phones, and much more. By doing so, Google then allows any service or product provider they to access our information and target us if doing so would be relevant to their business. It is also beneficial for the individual, getting filtered content according to his/her interests or searches. Imagine that this fame artificial intelligence will serve us to predict the stock exchange, and that with the aid of this AI, we will be able to know the future trends of any market.

Implementations of Artificial Intelligence

Artificial intelligence has many implementations, and with our current knowledge, we are using it in a wide range of fields. Those fields include medical diagnosis, stock trading, robot control, law, remote sensing, and more. There are thousands of AI applications that are deeply embedded in the infrastructure of every industry. The most relevant industry to us at I Know First is the finance industry. The first financial industry that used AI was the banking industry. In 1987, those banks developed an AI to detect the unauthorized use of debit cards. Today, banks use artificial intelligence systems to invest in stocks, as robots can do better and faster than humans when it comes to trading. Another important field in which artificial intelligence is implemented is the field of medicine. With the aid of computers, hospitals use AI to make a staff rotation, keep medical information, and it can also help detect tumors or other diseases, thereby saving lives. AI today is also big in the aspect of telephone calls. A lot of calls that we get today are automated and programmed. These machines use voice recognition and have automated answers. This use of AI saves those companies a lot of money by not having to hire employees who have salaries and training costs, helping them be more productive and efficient. The use of AI helps customer service companies save money and resources.

Apple Uses of AI
Another example we take for granted perhaps is Siri which was developed by apple and is a very sophisticated AI device.   Apple is a big company which has joined the industry of artificial intelligence when coming out with Siri. As there is an inevitable wave of AI growth in the near future. Siri started as an Apple app, but in 2011 it was implemented into the iPhone 4S and removed from the app store. Siri was also eventually released to the iPad, and also to any subsequent Apple products. Siri was also attempted to be introduced into the automobile industry. Now we have cars with satellite navigation and music playback thanks to Siri. So since Apple wants control, and believes it can gain control of the artificial intelligence market over Google and Microsoft, we can expect great things from them to come in the near future. After investing $200 million in Siri and having the investment paid off, we can trust Apple for more greatness. Apple is even providing hands free kits for cars now. Apple should continue to be a safe investment for investors. More and more now, investors turn to AI. All signs point to big investment continuing to invest in AI, with smaller companies making breakthroughs. The future of AI is already here. AI has helped, and will continue to help Apple succeed.

The Use of AI at I Know First

As previously mentioned, an area in which artificial intelligence is used is the area of investments. Investors often turn to artificial intelligence to get insights and to generate profits at a speed and frequency that would be impossible for humans. I Know First is a financial technology startup that provides daily investment forecasts based on an advanced, self-learning algorithm. The technology of the algorithm is mainly based on artificial intelligence and machine learning. The algorithm generates daily market predictions for different time horizons. Each forecast includes a signal to measure the predicted movement and direction, as well as predictability, which represents a historical correlation. This model is entirely empirical, based entirely on historical data, and not on human assumptions, so it is as unbiased as it can get.

Below is an example of a forecast with an explanation:

Conclusion

In conclusion, there are many implementations of artificial intelligence. Artificial intelligence makes our lives easier and better. Whatever we do, artificial intelligence is around us anywhere we go. It is already extremely developed, and in the near future, it will develop even more.  As we talked about the use of artificial intelligence in finance for investing among other things, at I Know First  we heavily rely on artificial intelligence. Our predictive advanced algorithm is used to forecast the stock market. We offer subscribers stock market prediction with both signal and predictability. Forecasting the markets is a very difficult challenge. The markets are chaotic since they move as a result of the decisions of millions of individuals who decide to buy or sell. Our algorithms at I Know use thousands of inputs, where every single input affects the outcome of the forecasts. Still, our forecasts can be described in terms of probability, and not in terms of certainty.