A 2/4/2016 article by Cade Metz of Cade Metz Business describes how Artificial Intelligence (AI) is transforming Google Search. Here are some relevant quotes from this article that supports how AI is proceeding on its ability to discover “deep neural networks, networks of hardware and software that approximate the web of neurons in the human brain. By analyzing vast amounts of digital data, these neural nets can learn all sorts of useful tasks, like identifying photos, recognizing commands spoken into a smartphone, and, as it turns out, responding to Internet search queries. In some cases, they can learn a task so well that they outperform humans. They can do it better. They can do it faster. And they can do it at a much larger scale.”
“The truth is that even the experts don’t completely understand how neural nets work. But they do work. If you feed enough photos of a platypus into a neural net, it can learn to identify a platypus. If you show it enough computer malware code, it can learn to recognize a virus. If you give it enough raw language—words or phrases that people might type into a search engine—it can learn to understand search queries and help respond to them. In some cases, it can handle queries better than algorithmic rules hand-coded by human engineers.”
“At one point, Google ran a test that pitted its search engineers against Rank Brain,” a deep learning system. “Both were asked to look at various web pages and predict which would rank highest on a Google search results page. RankBrain was right 80 percent of the time. The engineers were right 70 percent of the time.”
“Increasingly, we’re discovering that if we can learn things rather than writing code, we can scale these things much better.”
Those of you who have read my book Artificial Intelligence Newborn – It is 2025 , and I am Here! will see that AI seems to be progressing even faster than in my fiction novel. Perhaps the title should have been “It is 2020, and I am Here!”
Update on Elliot Wave’s prediction that the S&P 500 will drop 41.6% this year from 1880 to 1100. I said that don’t believe it! The current S&P is 1880, flat since EW’s prediction early this year.