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AML – 1413 Artificial Intelligence Quiz
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AML – 1413 Artificial Intelligence Quiz

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Questions and Answers

According to Elaine Rich, how does she define Artificial Intelligence?

  • As a study to replace human intelligence with machine intelligence
  • As the science of developing conscious machines
  • As a way to make computers excel at things people do better (correct)
  • As the study of autonomous robots and their applications

    • What economic impact could AI have by 2035 according to Accenture?

  • $15.7 trillion reduction in global economic activity
  • 40% reduction in labor productivity
  • $15.7 trillion worth of additional economic activity (correct)
  • 14% increase in Global GDP

    • What is mentioned as one of the ways AI will impact the global economy by 2030?

  • Limiting the potential for GDP growth
  • Reducing labor productivity challenges
  • Decreasing product variety and personalization
  • Increasing consumer demand through greater product variety (correct)

    • What is highlighted as one of the initial benefits of AI implementation in businesses?

    <p>Improving labor productivity through automation</p> Signup and view all the answers

    What percentage of Canadian companies were reported to be using AI according to the Deloitte report in November 2018?

    <p>16%</p> Signup and view all the answers

    Which statement best describes the sentiment of Canadian consumers and businesses towards AI as highlighted in the text?

    <p>They have a lack of understanding and trust in AI.</p> Signup and view all the answers

    What is preventing most Canadian companies from unlocking real value from AI?

    <p>Difficulty moving past the experimentation phase</p> Signup and view all the answers

    Which industry was NOT identified as one that will soon be revolutionized by AI according to the Forbes Technology Council panel?

    <p>Hospitality</p> Signup and view all the answers

    What potential does AI have when it comes to dealing with data collected from modern devices and IoT?

    <p>Potential to be applied nearly in every sector</p> Signup and view all the answers

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