It was back in the 1950s when a group of experts from different arenas came together to discuss the possibility of developing an artificial brain. Then again in the mid 1950s, John McCarthy coined the term “Artificial Intelligence” during a summer conference at the Dartmouth college. Since then, with every passing decade, there were innovations and observations in the field of AI that assured the future of AI to be promising and evolved. It was in the 1900s when many computer scientists around the world dwelled into research based findings in AI and this technology took its first big step towards advancement. What was once just a mere theory, now became the crux around technology and innovation. Eighty-four percent of the respondents indicated that AI would allow their organizations to gain or sustain a competitive advantage over their rivals.
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