Blockchain and AI Overview
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Questions and Answers

Levels 5 and 6 can produce tools that outperform humans in well-structured problems.

True (A)

Level 7 is considered a practical approach to artificial intelligence development.

False (B)

Unstructured problems require higher levels of intelligence than well-structured problems.

True (A)

Knowledge representation helps in solving well-defined problems only.

<p>False (B)</p> Signup and view all the answers

For a robot to navigate effectively, it must first characterize its environment.

<p>True (A)</p> Signup and view all the answers

Model-based optimization can produce solutions that are worse than what a human can achieve.

<p>False (B)</p> Signup and view all the answers

Neural networks directly capture the physics of a problem.

<p>False (B)</p> Signup and view all the answers

Companies are now able to access unprecedented amounts of data, including dark data they previously did not know they had.

<p>True (A)</p> Signup and view all the answers

The objective for fitting a statistical model is always to maximize a distance metric.

<p>False (B)</p> Signup and view all the answers

Optimization models require an objective function specified by the analyst.

<p>True (A)</p> Signup and view all the answers

Automation through AI increases costs while providing inconsistent results.

<p>False (B)</p> Signup and view all the answers

Natural Language Processing (NLP) allows machines to understand and respond to human queries in a natural way.

<p>True (A)</p> Signup and view all the answers

Sequential decision problems involve a repetitive process of decision and information gathering.

<p>True (A)</p> Signup and view all the answers

Machine learning and deep learning are parts of AI that require explicit programming to learn from data.

<p>False (B)</p> Signup and view all the answers

In sequential decision problems, a decision can only be binary.

<p>False (B)</p> Signup and view all the answers

The policy in sequential decision problems maps the state variable information to a decision.

<p>True (A)</p> Signup and view all the answers

Companies that successfully scale their AI initiatives see lower returns compared to those stalled at the pilot stage.

<p>False (B)</p> Signup and view all the answers

AI-powered automation has no impact on industries like manufacturing or transportation.

<p>False (B)</p> Signup and view all the answers

For sequential decision problems, the performance optimization is typically based on a metric that is sample-specific.

<p>False (B)</p> Signup and view all the answers

Virtually all C-suite executives believe leveraging AI is crucial for achieving growth objectives.

<p>True (A)</p> Signup and view all the answers

Robotics integrated with AI enables machines to perform physical tasks with reduced accuracy.

<p>False (B)</p> Signup and view all the answers

The only danger of LLMs is misinformation.

<p>True (A)</p> Signup and view all the answers

Deterministic optimization involves training using a dataset.

<p>False (B)</p> Signup and view all the answers

Rule-based logic was the first form of AI that emerged in the 1960s and 1970s.

<p>True (A)</p> Signup and view all the answers

Sophisticated algorithms in deterministic optimization search over feasible regions to improve performance metrics.

<p>True (A)</p> Signup and view all the answers

ML techniques and deterministic optimization are fundamentally similar.

<p>False (B)</p> Signup and view all the answers

Rule-based logic was successful in meeting all early expectations of AI.

<p>False (B)</p> Signup and view all the answers

Deterministic optimization requires a performance metric to evaluate decisions.

<p>True (A)</p> Signup and view all the answers

Basic machine learning methods began to emerge under the umbrella of statistics in the early 1900s.

<p>True (A)</p> Signup and view all the answers

Rule-based logic is only relevant in historical AI systems and has no application in modern machine intelligence.

<p>False (B)</p> Signup and view all the answers

The 1990s saw the emergence of tools for scheduling airlines that improved efficiency using deterministic optimization.

<p>True (A)</p> Signup and view all the answers

In deterministic optimization, controllable parameters are also called variables.

<p>False (B)</p> Signup and view all the answers

Neural networks have been popular since the 1970s and are used in many deterministic estimation problems.

<p>True (A)</p> Signup and view all the answers

Neural networks only require deterministic optimization to fit training data.

<p>False (B)</p> Signup and view all the answers

Linear models have no relationship to machine learning and are not used as input variables.

<p>False (B)</p> Signup and view all the answers

Expert systems represented the first wave of AI advancements in the 1980s.

<p>True (A)</p> Signup and view all the answers

Nonparametric models only emerged after the introduction of linear models.

<p>False (B)</p> Signup and view all the answers

Creativity is not required when we have a performance metric but lack a well-defined set of decisions.

<p>False (B)</p> Signup and view all the answers

Judgment is only necessary for well-structured problems with clear metrics.

<p>False (B)</p> Signup and view all the answers

Reasoning requires the ability to navigate well-structured problems only.

<p>False (B)</p> Signup and view all the answers

Narrow AI is designed to perform a wide range of tasks effectively.

<p>False (B)</p> Signup and view all the answers

General AI is capable of handling new and unfamiliar tasks independently.

<p>True (A)</p> Signup and view all the answers

The main goal of large language models is to minimize the difference between predicted and actual words.

<p>True (A)</p> Signup and view all the answers

Optimizing decisions involves finding the best option within an undefined set of possible actions.

<p>False (B)</p> Signup and view all the answers

AI can only be classified by its functionalities and not by its capabilities.

<p>False (B)</p> Signup and view all the answers

Study Notes

Table of Contents

  • Table Of Contents
  • I. Blockchain
    • History of Blockchain
    • Blockchain Explained
    • How Does A Blockchain Work?
    • Why Do People Use Peer to Peer Network
    • The Three Main Pillars of Blockchain Technology
  • II. Artificial Intelligence
    • What is Ai?
    • Need for Ai
    • What are the Major Goals of Artificial Intelligence?
    • What Comprises to Artificial Intelligence
    • Advantages of Artificial Intelligence
    • Disadvantages of Artificial Intelligence
    • History of Artificial Intelligence
    • Levels of Ai
    • Types of Ai
    • References

Blockchain

  • History

    • Blockchain has a history spanning decades, beginning in the 1980s with the emergence of cryptography.
    • Cryptographer David Chaum introduced blind signatures, a method for digital currency and privacy.
    • In 1991, researchers Haber and Stornetta proposed timestamping digital documents for security.
    • In 2008, Satoshi Nakamoto's Bitcoin blockchain marked a disruptive innovation with the "genesis block". This introduced decentralized digital currency enabled peer-to-peer transactions without intermediaries.
  • Blockchain Explained

    • A distributed database that stores records in blocks linked together.
    • Data is recorded in a public ledger, making it transparent.
    • Each block contains data from multiple transactions that are confirmed.
    • Blockchains are decentralized, meaning no single entity controls the system; every participant has a copy.
    • Data is immutable, making it secure and resistant to modifications or alterations.
  • How Blockchain Works

    • Transactions are grouped into blocks.
    • Blocks are linked together via cryptographic hashing.
    • Blocks are validated and added to the chain.
    • Cryptographic hashing ensures data integrity and immutability.
  • Peer-to-peer Network

    • A network architecture where each device (peer) can communicate and share resources with other peers.
    • No single server controls the network; it is decentralized and distributed among participants.
    • This approach is cost-effective because it eliminates the need for a central server, plus it promotes flexibility and adaptability by allowing easy expansion and adding new clients.
  • Three Main Pillars

    • Decentralization: No single entity owns or controls the data; it's distributed among numerous nodes.
    • Transparency: All transactions are recorded publicly on a shared ledger, promoting accountability.
    • Immutability: Once data is recorded in a block, it cannot be altered or erased and permanently secured.

Artificial Intelligence

  • What is AI?

    • AI's ability, displayed by computers and robots to perform tasks that usually require human intelligence like reasoning, learning, problem-solving, and understanding language. AI can mimic or even surpass human capabilities.
  • Need for AI

    • AI facilitates human efficiency in diverse areas.
    • It enhances industrial productivity and reduces errors.
    • It expands the capacity for performing complex and tedious tasks.
    • It fosters innovations across different sectors.
  • Major Goals for AI

    • Problems Solving and Decision Making
      • Analyzing large datasets and identifying patterns.
      • Data-driven decisions for superior efficiency in various applications, from healthcare to finance and beyond.
    • Natural Language Processing (NLP) -AI-powered comprehension and response mechanisms, mirroring human language.
    • Machine Learning and Deep Learning
      • Machines learning from data, making sophisticated predictions possible.
    • Robotics and Automation
      • Enhanced and accurate physical tasks through AI integration.
    • Enhancing Healthcare and Medicine
      • Improving diagnostics and treatments through AI algorithms.
  • Advantages

    • Reduction in human error
    • Precise and accurate decision-making
    • Increased efficiency through automation
    • Availability and accessibility in diverse environments
      • Enhanced health outcomes
      • Enhanced safety in hazardous environments
  • Disadvantages

    • Creativity limitations: The capacity for true originality and imagination may be absent
    • Emotional intelligence limitations: The ability to comprehend and respond to human emotions may be missing
    • Encouraging laziness: Excessive reliance on AI and reduced active engagement.
    • Privacy concerns: Risk in data breaches, corporate misuses or unlawful manipulation.
    • Job displacement: Potential negative impacts on jobs, especially in routine tasks.
  • History of AI

    • Key developments in the field of AI over time, from early concepts to advances made in the current era.
  • Levels of AI

    • Different stages of AI development and their defining characteristics, from simple logic to more sophisticated machine learning models.
  • Types of AI

    • Categories to differentiate and classify AI systems based on their capabilities and functions, such as reactive, limited memory, and theory of mind.

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Description

This quiz covers the historical aspects and foundational concepts of Blockchain and Artificial Intelligence. Explore the evolution of blockchain technology and its core principles, as well as the significance and applications of AI. Test your knowledge on key milestones and vocabulary in these transformative fields.

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