What is Artificial Intelligence and CHATGPT?

Artificial Intelligence (AI) is the simulation of human intelligence processes by computer systems. These processes include learning, reasoning, and self-correction. AI is broadly classified into two main categories: rule-based systems and machine learning systems. Rule-based systems follow a set of pre-defined rules to make decisions, while machine learning systems use algorithms to learn from data and improve over time. AI has the potential to revolutionize many industries such as Natural Language Processing (NLP), Robotics, Computer Vision, Healthcare, Finance, Autonomous vehicles, Gaming and Virtual assistants. However, it also raises ethical and societal concerns, such as job displacement and privacy issues. The World Economic Forum estimates that 75 million jobs may be displaced by 2022, but that 133 million new jobs may be created in their place. People should not be scared of AI taking over jobs.