One can intuitively surmise artificial intelligence (AI) is today's hot commodity, gaining traction in businesses, academia and government in recent years. Now, there is data -- all in one place -- that documents growth across many indicators, including startups, venture capital, job openings and academic programs. Which of the following could be the reason for the statement? Reasons: I: Artificial intelligence in businesses can be used to: Increase competitive advantage and improve efficiency. II: The use of AI in government comes with significant benefits, including efficiencies resulting in cost savings, for instance by reducing the number of front office staff, and reducing the opportunities for corruption. III: Scientists have reasoned that AI will lead to innovations, discoveries, and scientific advancements having several advantages such as taking on tasks that are too complex for the human mind.

One can intuitively surmise artificial intelligence (AI) is today's hot commodity, gaining traction in businesses, academia and government in recent years. Now, there is data -- all in one place -- that documents growth across many indicators, including startups, venture capital, job openings and academic programs. Which of the following could be the reason for the statement? Reasons: I: Artificial intelligence in businesses can be used to: Increase competitive advantage and improve efficiency. II: The use of AI in government comes with significant benefits, including efficiencies resulting in cost savings, for instance by reducing the number of front office staff, and reducing the opportunities for corruption. III: Scientists have reasoned that AI will lead to innovations, discoveries, and scientific advancements having several advantages such as taking on tasks that are too complex for the human mind. Correct Answer All of these

The passage above tells us about Artificial Intelligence and its growing usage in all known fields. Now we need to find the possible reason for the same.

Out of the three options given below, all of them are correct reasons for AI’s growing usage as all the three reasons come up as advantages in three different fields.

The first option tells us about the benefits of AI in the field of business.
The second option tells us about the advantages of using AI in the government sector.
The third option brings forward the benefits of AI in general.

Hence, we can consider all the options to be the correct reason for AI to be today’s hot commodity.  

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: Soon you would not need to carry original copies of all vehicle papers like driving licence, vehicle registration certificate, insurance, pollution certificate or the permits issued to commercial vehicles with you. According to a ToI report, the Centre plans to amend Motor Vehicles Rules to make it legal for any citizen to carry digital vehicle documents and simultaneously making it compulsory for traffic police to accept digital version of documents. This means that you would not have to carry physical papers in your vehicle as digital copies of the certificates would be valid.  Courses of action: I. The ministry has proposed installation of FASTags on the front windscreens. FASTag is a device that uses radio frequency identification (RFID) technology for making toll payments directly from the user account.  II. To avail the facility, one has to store all the vehicle documents on the government's cloud-based service DigiLocker and when asked he/she can simply display the stored certificates on a smartphone or any other digital devices. These digital copies can be shared with other departments as identity and address proof.  III. The government has increased the maximum load carrying capacity of heavy vehicles, including trucks, by 20-25 per cent besides scrapping the mandatory annual renewal of fitness certificates for freight carriers. Fitness certificates for trucks would now be renewed in every two years not annually.  Which of the following course/courses of action can be said to be said to be a rudimentary course/courses of action?