Module 1: Introduction to AI and Blockchain
1.1 What is AI? Basics of machine learning, neural networks, and natural language processing
Artificial Intelligence (AI) refers to the simulation of human intelligence in machines, enabling them to perform tasks that typically require human thought, such as problem-solving, decision-making, and understanding language. At its core, AI is about creating systems that can analyze data, learn from it, and improve their performance over time without explicit human intervention.
Key Concepts in AI
1. Machine Learning (ML):
- Machine Learning is a subset of AI that allows systems to learn and improve from experience.
- Instead of being explicitly programmed for every task, ML algorithms identify patterns in data and make predictions or decisions.
- Example: A machine learning model can analyze past Bitcoin price trends to predict future movements.
2. Neural Networks:
- Neural networks are inspired by the human brain and consist of layers of nodes (neurons) that process data.
- They are especially effective in recognizing patterns and making sense of unstructured data, such as images or text.
- Example: A neural network can identify fraudulent blockchain transactions by spotting irregularities in transaction behavior.
3. Natural Language Processing (NLP):
- NLP enables machines to understand, interpret, and respond to human language.
- It powers applications like chatbots, language translation, and sentiment analysis.
- Example: An NLP-based AI could analyze crypto market sentiment by scanning news articles and social media discussions.
AI isn’t just about making machines smarter—it’s about using those capabilities to solve problems faster, more accurately, and at scale. When combined with blockchain, AI's data-driven intelligence can enhance transparency, security, and efficiency in ways we’re only beginning to explore.
Next, let’s dive into blockchain and discover how its decentralized approach complements AI's computational power.