1 AI Fundamentals from Slides

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Questions and Answers

How does Agentic AI enhance customer support beyond traditional AI?

  • It avoids real-time data to prevent inaccuracies.
  • It relies solely on historical data to predict customer needs.
  • It uses only pre-programmed responses, ensuring consistency.
  • It tailors responses to align with specific brand messaging and product details. (correct)

In rapidly changing environments like finance, what critical advantage does Agentic AI provide?

  • Relying on historical data trends to predict future market behaviors.
  • Eliminating the need for human intervention in data analysis.
  • Creating marketing content
  • Accessing and analyzing the latest data for real-time news and stock analysis. (correct)

What is a defining characteristic of Agentic AI in task and workflow management?

  • Exclusive reliance on human oversight for decision-making.
  • Dynamic adaptation and agency within defined accountability guardrails. (correct)
  • Complete autonomy without any accountability measures.
  • Rigid adherence to pre-defined protocols without deviation.

How might Agentic AI be applied in media and marketing to enhance content generation?

<p>By generating specialized, creative content with a consistent style and tone. (A)</p> Signup and view all the answers

What does it mean for Agentic AI to exhibit 'agency'?

<p>It can dynamically adapt the tasks. (B)</p> Signup and view all the answers

Which of the following is a key ethical consideration in the development and deployment of AI?

<p>Safeguarding human creativity, ingenuity, and decision-making roles while leveraging AI for augmentation. (D)</p> Signup and view all the answers

What key limitation do expert systems exhibit despite their effectiveness in specific fields?

<p>Expert systems require substantial manual coding and customisation, limiting their adaptability to new situations. (C)</p> Signup and view all the answers

In the context of agentic AI applications, which scenario BEST exemplifies a system operating with a high degree of autonomy?

<p>An investment strategy that adjusts portfolio allocations in response to real-time market data without human intervention. (C)</p> Signup and view all the answers

Consider a scenario where an AI-driven system is used to predict equipment failure in a manufacturing plant. Which of the following outcomes would MOST clearly demonstrate the 'learning and adapting' capability of Agentic AI?

<p>The system's predictions become more accurate over time as it analyzes new data and adjusts its algorithms. (B)</p> Signup and view all the answers

A financial institution uses Agentic AI to manage investment portfolios. If the AI system begins to disproportionately invest in high-risk assets, leading to potential instability, which aspect of AI governance would be MOST critical to address this issue?

<p>Implementing human oversight and control mechanisms to monitor and adjust the AI's investment strategies. (A)</p> Signup and view all the answers

In the context of 'disruptive innovation,' what is the most critical element that distinguishes it from sustaining innovation?

<p>Disruptive innovations often initially underperform existing market solutions but offer new value propositions, whereas sustaining innovations focus on improving existing performance metrics. (A)</p> Signup and view all the answers

What is the most likely outcome for established market leaders when faced with a 'disruptive innovation'?

<p>They initially dismiss the disruptive innovation as insignificant, but eventually adapt or acquire the new technology to remain competitive. (A)</p> Signup and view all the answers

Based on the examples provided, what conclusion can be drawn about the current trajectory of AI's role in addressing existing limitations or inefficiencies across various sectors?

<p>AI is increasingly being applied to solve specific problems by leveraging data analysis to create personalized and efficient solutions. (D)</p> Signup and view all the answers

Flashcards

Artificial Intelligence (AI)

The capability of computer systems/algorithms to imitate intelligent human behavior.

AI as a Branch of Computer Science

A field of computer science focused on simulating intelligent behavior in computers.

AI's Purpose (Satya Nadella)

AI can help us make better decisions and get more done, augmenting human capabilities.

AI Augments Humans (Fei-Fei Li)

AI's role is to augment human creativity and ingenuity, helping humans achieve more.

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AI for Expert Decision-Making

Using AI to copy decisions made by experts in fields similar to humans to improve business strategies.

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AI for Customer Service

Using AI to replicate interactions with customers to help improve their experience by using messaging.

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AI Accelerates Marketing

AI's ability to accelerate marketing campaigns through automatically generated content.

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AI in Healthcare Diagnostics

AI replicating the diagnostic skills of top medical professionals to assist in healthcare.

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AI in Finance

Using AI to replicate the thought processes of a financial analyst to improve investment strategies.

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AI in Education

Using AI to copy human teaching methods, offering tailored learning experiences.

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AI History

AI's problem-solving history dates back to the 1950s, leading to the creation of solutions like ChatGPT.

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Computer Vision

AI that interprets images, enabling machines to see and understand visual data.

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Computer Vision in Healthcare

Using computer vision to examine medical images like MRIs.

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Computer Vision in Autonomous Vehicles

Using computer vision to spot objects, people, and signs for self-driving cars.

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Expert Systems

AI systems mimicking experts by using specialized knowledge for decision-making.

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Media/Marketing Use Case

Creating specialized content with a consistent style and tone for marketing.

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Expert Systems in Customer Service

Using Expert Systems to arrange orders and solve customer issues.

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Legal/Medical Use Case

Ensuring accurate, real-time, and factual responses for legal or medical queries.

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Customer Support Use Case

Adapting responses to align with specific brand messaging or product details.

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Rapidly Changing Environments Use Case

Accessing the latest data for real-time news, finance, or stock analysis.

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Agentic AI

A sophisticated AI that autonomously performs tasks and interacts with users.

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Agentic AI Tech

Combining LLMs, NLP, and Rules-Based Systems.

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Agentic AI Role

Agentic AI acts as an independent decision-making agent.

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Key Character

Adapts dynamically with accountability.

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Agentic AI Benefits

Streamlining workflows across various sectors by enabling systems to make autonomous decisions and interact dynamically.

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Agentic AI Problem Solving

Agentic AI systems analyze data in Real-time, learn from it and then respond without needing constant human intervention.

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Healthcare Applications

Agentic AI tools in healthcare that helps doctors for a faster and precise diagnosis.

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Finance Applications

Optimizing investment portfolios by analyzing real-time financial data.

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Autonomous Vehicles

Enhancing safety and efficiency by enabling cars to make real-time driving decisions.

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AI Topics I find exciting/intriguing

Expressing excitement and interest.

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AI Topics I find confusing

Topics that you need to better understand.

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Disruptive Opportunities

Using AI to discover chances to innovate, improve strategy, and stay ahead.

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Disruptive Innovation

Innovation that disrupts markets by providing simpler, cheaper, or more accessible solutions, challenging the existing order.

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Disruptive Innovation (2)

When new companies outsmart big ones with innovative ideas that provide new value, changing how advancement is defined.

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Disruptive Innovation: Core Idea

An innovation that dramatically alters the way things are done.

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Disruptive Innovation: Key Feature

Offering solutions that are simpler, cheaper or more accessible.

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Disruptive Innovation: Strategy

Rethinking problem-solving and value delivery to fundamentally change competition.

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Disruptive Innovation: Simplicity

Looking at familiar problems in new ways can give you an innovative solution.

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Disruptive Innovation: Solving Problems

Reimagining a familiar problem and coming up with a new way to solve it.

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Who is Jean Liu?

President of Didi Chuxing, a major ride-hailing company.

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The Web era (1990s)

A period marked by the rise of HTML/HTTP, enabling direct brand-customer interaction and eCommerce.

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Mobile Era

Characterized by internet access everywhere and app ecosystems, leading to intimate customer experiences.

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Generative AI Era (2025)

Driven by LLMs, deep learning, and NLP, enabling personalized experiences and generative AI.

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Social Networking impact

Algorithms and personalization that target advertising and influence customer behavior.

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Blockchain Era

Technologies like Bitcoin, crypto, and NFTs, focusing on security and authentication.

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Fraud Examiner Problem

The primary problem was high rates of fraud due to overwhelming transaction volumes.

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Duolingo Max Problem

Inefficient lesson application and limited feedback on incorrect answers.

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Walmart's AI challenge

Hard to predict customer demand and limited time for consumer research

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Duolingo Max AI Solution

Increase learning speed and comprehension with answer explanations and roleplaying.

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Study Notes

  • Artificial intelligence capability of computer systems to imitate intelligent human behavior
  • AI is a branch of computer science dealing with the simulation of intelligent behavior in computers
  • The term "artificial intelligence" was first coined in 1956 by computer scientist John McCarthy at a Dartmouth Conference
  • AI can mimic elements of human behavior to help make better decisions
  • AI is not meant to replace humans, but augment their abilities
  • AI can enhance decision-making, customer service, content generation, healthcare, and education

Historical Perspective

  • AI dates back to the 1950s with many branches and approaches having developed since
  • ChatGPT and other solutions is built on previous decades of work

Computer Vision

  • AI technology that mimics human vision by analyzing images and videos
  • This technology automates visual tasks, image-based decision-making, and problem-solving
  • It assists in healthcare by analyzing medical images like MRIs
  • It helps autonomous vehicles detect objects, pedestrians, and traffic signals
  • It ensures quality control in manufacturing by detecting defects

Expert Systems

  • AI applications designed to emulate human expert decision-making through specialized knowledge and reasoning
  • Customer service expert systems help schedule orders, route requests, and solve problems
  • Telecommunications expert systems make decisions about network technologies and maintenance
  • Mechanical engineering expert systems troubleshoot complex electromechanical machinery designs
  • Expert systems require extensive manual coding

Machine Learning

  • This allows computer systems to enhance their performance by learning from data
  • ML uses featurized data instead of explicit programming for tasks
  • ML developed from expert systems
  • Machine learning can be used in healthcare with personalized medicine, retail with product recommendations, and recruiting with automated job boards

Neural Networks

  • A type of machine learning algorithm inspired by the human brain with interconnected nodes that learn to recognize patterns by training
  • Used to overcome the limitations of traditional machine learning by automatically learning complex patterns from raw, high-dimensional, and unstructured data
  • Healthcare utilizes neural networks to enhance medical image analysis, diagnosis, drug discovery, and personalized treatments
  • Financial services utilizes neural networks to detect fraud, assess risk, assist in trading, and predict customer behavior
  • Robotics utilizes neural networks to enable advanced perception, motion planning, and adaptive control for intelligent autonomous systems

Large Language Models and Generative AI

  • LLMs and generative Al are creative AI branches making new things such as: text, images, music
  • Made up of deep learning, neural networks and NLP

Large Language Models

  • Al systems designed to understand, generate, and assess human language using large text datasets
  • LLMs are used in copywriting to improve original style and voice by systems like Al21 Wordspice
  • LLMs can produce code such as Amazon CodeWhisperer, including SQL queries
  • LLMs can generate text for documentation or write a short story like Alexa Create
  • LLMs play a role in creating natural language products and services focused on text generation and analysis

Generative AI

  • Involves deep-learning models capable of producing high-quality text, images, and other content
  • Generative AI fosters innovation by automating creativity, customizing user experiences, and creating new content
  • In conversational Al, programs like ChatGPT generates answers, assists with tasks, and creates text content
  • In data generation, programs such as Mostly Al creates fully anonymous synthetic data from original data
  • In media creation, programs such as SORA produces audio, video, and multimedia content

Fine-Tuning

  • Customizes an Al model with specific data to improve domain-specific tasks
  • Fine-tuning is used in media and marketing to generate specialized, creative content
  • Fine-tuning is used to tailor customer support responses

Retrieval Augmented Generation

  • Extends an Al model by retrieving real-time external data without modifying it
  • Useful in legal and medical fields to ensure accuracy and provide factual information
  • Useful in quickly changing environments by accessing the latest data

Agentic AI

  • Agentic Al is a sophisticated form of artificial intelligence to autonomously perform tasks, make decisions, and interact with users using its acquired knowledge
  • Agentic Al combines LLMs, NLP, and Rules-Based Systems and acts as an independent decision-making "agent"
  • Agentic Al solves problems by making decisions in healthcare, finance, and autonomous vehicles
  • Agentic AI adapts dynamically operating within accountability guardrails

"Disruptive Innovation"

  • An innovation that upends markets by offering simpler, cheaper, or more accessible solutions, shaking up the status quo
  • When newcomers outsmart giants with fresh thinking that provides a unique value, reshaping thinking, and how progress is defined

Timeline creating value

  • 1990 - The Web enabled brands to interact with customers through HTML and e-commerce
  • Mobile technology made the internet everywhere and provided intimate experiences
  • Algorithms and personalization techniques were used to target advertising and influence customers
  • Blockchain technology gave rise to Bitcoin, cryptocurrency, and NFTs for security and authentication
  • LLMs. Deep Learning, NLP.This is why Generative AL exists today

Examples of AI

  • Al reduces credit card fraud by efficiently examining billions of transactions per day with Bank of America
  • Duolingo uses AI to speed, provide answer explanations, and have conversations
  • Apple fitness used AI to access health coaches
  • Walmart uses AI to fulfill consumer needs

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