Artificial Intelligence

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Artificial Intelligence

The creation of models that mimic thought processes. See: Neural Networks, Fuzzy Logic, and Genetic Algorithms.

Artificial Intelligence

Any computer program that seeks to imitate human thought. Artificial intelligence is useful in making some investment decisions because it eliminates emotional trading and is able to make most calculations more quickly and accurately. As a result it is often used in some more complex investment strategies, notably arbitrage.

artificial intelligence

The ability of a computer program to evaluate data and make decisions according to parameters set out in the software. Automated underwriting software is a type of artificial intelligence. The increasingly popular AVM—automated valuation model—uses artificial intelligence and related property data to create appraisals for lenders and for the IRS.

References in periodicals archive ?
A $79 million contract has been achieved by the BAE Systems to design an intelligence, surveillance, and reconnaissance device able to incorporate human and machine reasoning into intelligence equipment in order to blend operator knowledge into intelligence-processing computers.
The semantic web is attempting to make the large amount of knowledge that has been represented in a form suitable for human consumption available for machine reasoning.