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Artificial intelligence: Hype or real opportunity?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Artificial intelligence offers a real opportunity to help people improve their lives. There are many areas where AI can help solve problems, whether in healthcare, transportation, the public sector, or the entertainment industry. While some experts say the hype around AI is excessive, it's also important to emphasize the real opportunity AI offers for our society.
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How can artificial intelligence (AI) help / facilitate everyday life?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

AI can make everyday life easier in many ways, such as:

- automating tasks such as gathering information and merging data,

- automatically detecting patterns and trends and making accurate predictions as a result,

- assisting in decision-making through the use of machine learning and artificial intelligence,

- automating processes such as sending emails,

- facilitating online shopping, navigation and driving through the use of speech recognition technologies; and

- facilitating access to medical services and diagnosis through the use of AI-powered diagnostic tools.

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What is a data analyst?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A data analyst is a person who evaluates large data sets to gain insightful information and understand how organizations and businesses can make better decisions. They use a variety of analytical methods, including statistical modeling, machine learning, and data mining, to gain these insights.
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What role will artificial intelligence (AI) play in business success in the future?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Artificial intelligence (AI) will play an essential role in supporting business success in the future. Companies can use AI to automate and optimize many business processes. These include automated forecasting, analyzing big data, and developing personalized customer experiences. AI will also help companies become more efficient in decision-making by making decisions based on data collected through machine learning. By leveraging AI, companies can reduce costs, increase productivity, open up new opportunities, and drive business success.
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What is focused Crawling?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Focused crawling is a web crawling technique that searches and indexes web pages related to specific topics, keywords or URLs. It is an important tool for extracting relevant and high-quality information from the web. It can be configured to select web pages based on certain parameters such as URL, keywords, content and even links. Another advantage is that this type of web crawling can increase the efficiency and quality of the results.
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