Exploring Modern Artificial Intelligence

What is a common application of machine learning in finance?

• Credit scoring

• Loan approval

• Risk assessment

• Algorithmic trading

How does natural language processing enhance customer service?

• Natural language processing is primarily used for data storage and retrieval in customer service.

• Natural language processing improves customer service through automated responses, sentiment analysis, and insights for service enhancement.

• Natural language processing eliminates the need for customer service representatives.

• Natural language processing only focuses on grammar correction in customer interactions.

What are the ethical concerns associated with AI bias?

• AI bias raises ethical concerns related to fairness, discrimination, accountability, and transparency.

• AI bias ensures accountability in decision-making.

• AI bias promotes equality and inclusion.

• AI bias has no impact on transparency.

Which technique is commonly used in computer vision for object detection?

• Principal Component Analysis (PCA)

• K-means Clustering

• Convolutional Neural Networks (CNNs)

• Support Vector Machines (SVMs)

How do robots improve efficiency in manufacturing?

• Robots primarily focus on aesthetic improvements in products.

• Robots enhance manufacturing efficiency through automation, precision, speed, and continuous operation.

• Robots reduce the need for skilled labor in manufacturing.

• Robots are mainly used for packaging and shipping finished goods.

In what ways is AI transforming patient diagnosis in healthcare?

• AI eliminates all diagnostic errors

• AI solely relies on patient self-reports

• AI enhances diagnostic accuracy, enables early disease detection, and supports clinical decision-making.

• AI reduces the need for medical professionals

What role does supervised learning play in machine learning applications?

• Supervised learning does not require any data for model training.

• Supervised learning enables models to learn from labeled data to make predictions on new data.

• Supervised learning uses only unlabelled data for training models.

• Supervised learning is primarily used for clustering data points.

How can natural language processing be used in sentiment analysis?

• Sentiment analysis is exclusively performed by human analysts.

• Natural language processing is not applicable to text data.

• Natural language processing can only analyze numerical data.

• Natural language processing can analyze text to determine sentiment by classifying it as positive, negative, or neutral.

What measures can be taken to mitigate bias in AI algorithms?

• Use only synthetic data

• Ignore feedback from users

• Implement diverse datasets, conduct bias audits, involve diverse teams, use fairness-aware algorithms, ensure transparency, and monitor continuously.

• Limit algorithm testing to one demographic

How is computer vision utilized in autonomous vehicles?

• Computer vision is primarily utilized for entertainment systems in autonomous vehicles.

• Computer vision is used to enhance audio systems in vehicles.

• Computer vision is utilized in autonomous vehicles to perceive and interpret the environment, enabling safe navigation and decision-making.

• Computer vision helps in improving fuel efficiency by analyzing engine performance.