AI Essentials

AI Essentials: Demystifying AI and Blockchain

This introductory course explores the world of artificial intelligence (AI) and blockchain technology through a non-technical lens. Learn about real-world applications of these advanced technologies and their potential benefits and risks. No prior technical knowledge is required. 

Key Learning Objectives:

• Understand the basic concepts behind AI and blockchain
• Recognize examples of AI and blockchain applications in everyday life
• Consider the potential benefits and risks of these technologies
• Discuss the ethical implications of AI and blockchain innovations
• Imagine how these technologies may shape the future

Prerequisites

No prior AI, blockchain or computer programming experience is required. A 10th-grade reading and math proficiency is recommended.

Use Case Review

Supply Chain Management

Within the realm of Supply Chain Management, Blockchain’s distributed ledger is instrumental in tracking products at every step of the supply chain, hence ensuring transparency and traceability. In conjunction, AI algorithms delve into supply chain data to optimize routes, highlight inefficiencies, and foresee delays. The unison of these two technologies paves the way for intelligent, real-time optimization and automation of convoluted global supply chains.

Healthcare Records

Moving on to Healthcare Records, Blockchain shows its prowess by securely storing medical records and maintaining a chronological narrative of health data. Simultaneously, AI analytics tools peruse these records to discern health trends, craft personalized treatment recommendations, and anticipate outbreaks. Collectively, these technologies streamline accurate diagnosis and treatment while safeguarding sensitive patient data.

Autonomous Vehicles

As for Autonomous Vehicles, these self-driving entities are heavily reliant on AI technologies such as computer vision and deep learning. Correspondingly, Blockchain can be employed to securely communicate with and authenticate other vehicles on the road. Additionally, it can facilitate autonomous payments for transportation services like tolls and parking. This amalgamation of technologies enables smart mobility, powered by AI and protected by Blockchain.

Fraud Detection

Lastly, in the context of Fraud Detection, AI algorithms demonstrate their capability by identifying patterns and irregularities in financial transactions that could signify fraud. In parallel, Blockchain provides an unalterable record of all transactions. When combined, AI can promptly flag potential fraud in real-time, while Blockchain ensures an accurate account of the transaction history for investigation, culminating in a much faster and more reliable fraud detection mechanism.