Artificial Intelligence (AI) is one of the most powerful technologies ever developed, but it’s not nearly as new as you might think. In fact, it’s undergone several evolutions since its inception in the 1950s. The first generation of AI was ‘descriptive analytics,’ which answers the question, “What happened?” The second, ‘diagnostic analytics,’ addresses, “Why did it happen?” The third and current generation is ‘predictive analytics,’ which answers the question, “Based on what has already happened, what could happen in the future?” Read More

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