Artificial Intelligence

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Artificial Intelligence

The creation of models that mimic thought processes. See: Neural Networks, Fuzzy Logic, and Genetic Algorithms.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The project develops technologies for machine reading, machine learning, machine reasoning, and machine collaborating.
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. Another approach, being pursued by DARPA's Machine Reading program, is to enable the transformation of knowledge represented in naturally occurring text into the formal representations used by AI reasoning systems.