The Law of Large Numbers in AI and Big Data

The key concepts and framework behind the evolution of data science and artificial intelligence (AI) have existed for many decades. The digital revolution has paved the way for torrents of data to be available, resulting in the birth of emerging technologies, such as AI.

By Dr. Deepak Kallepalli
January 16, 2020

Introduction

AI is the new electricity,” stated Prof. Andrew Ng of Stanford University.

Electricity revolutionized the world, from home appliances to entire industries. In a similar manner, AI is revolutionizing almost every field in the current century.

The key concepts and framework behind AI have already existed for years, but AI has taken a leap only in the past few years due to the digital technology revolution. Through the usage of smartphones and social media platforms, such as Facebook and Twitter, torrents of data are available for analytics for smart products, like Amazon Alexa; smart technologies, like AI and bots; and services, like Uber and Lyft.

The following sections demonstrate how big data plays an important role in the accuracy of the result and in enhancing the performance of the algorithms used.