Key Concepts - Artificial Intelligence

Artificial Intelligence (AI) refers to machines that mimic human cognitive functions like reasoning, decision-making, and problem-solving.

AI is built on three pillars:

• Learning: The ability to adapt to new situations (generalized learning).
• Reasoning: The ability to choose the best course of action (reasoning ability).
• Problem-solving: The ability to use information to find solutions (problem-solving).

Methods:

• Machine Learning: Trains algorithms to learn from data and improve performance.
• Rule-based systems: Programs machines with specific rules and logic to perform tasks.
• Other techniques: Symbolic AI, logic programming, knowledge representation.

Types of AI:

• Narrow AI (Weak AI): excels at specific tasks (e.g., playing chess).
• Artificial General Intelligence (Strong AI): (hypothetical) replicates human-level intelligence and consciousness.

Machine Learning (ML): A technique for achieving AI through algorithms that learn from data and experience.

Deep Learning: A subset of ML inspired by the structure and function of the human brain.

Image source and in-depth reading at - https://www.stratascratch.com/blog/data-science-vs-machine-learning-vs-deep-learning-the-difference/ 

Breaking Web 3

 Web3 promises a future where the internet isn't controlled by a few tech giants. Here's the gist:

• Decentralized Power: No more big brother! Web3 distributes power among users, with blockchain tech (think Bitcoin's underlying system) keeping things secure and transparent. Think of it as a peer-to-peer internet, not a centralized one.
• Own Your Data & Assets: Imagine a world where you control your social media posts or in-game items, not the platforms themselves. Web3 empowers users with ownership of their digital footprint. Think NFTs (Non-Fungible Tokens) representing unique digital items you can truly own.
• Community-Driven Web: Forget top-down control. Web3 lets users participate in shaping online platforms, fostering a more democratic web. Think DAOs (Decentralized Autonomous Organizations) where communities collectively manage projects and make decisions.

Key Players to Watch:

• Blockchain Networks: Ethereum, Solana, Polkadot - These provide the foundation for building decentralized applications (dApps) that power Web3.
• Cryptocurrency Exchanges: Coinbase, Binance - These platforms allow users to buy, sell, and trade cryptocurrencies, the fuel for Web3 transactions.
• Metaverse Platforms: Decentraland, The Sandbox - These virtual worlds offer glimpses into a future internet where users can interact, play, and own digital assets.

Web3 is still young, but it has the potential to reshape the internet landscape. Buckle up for a future where users are in charge and innovation thrives in a more open and collaborative environment!