AI and Robotics
Industry: Whilst robots are NOT taking over the world they are now doing many of the jobs that humans used to – more efficiently, more reliable, and less expensively. Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning and problem-solving
Our pick as an AI company at the current time has deployed its AI technology in real-life applications where it is helping to:
· Scan, recognise, classify and file accurately huge numbers of documents for legal firms and accountants
· Operate a virtual Doctor´s surgery where triage is done by computer and records are filled before connection to the appropriate specialist for prescription validation
· Identify people carrying guns or knives through CCTV by the way that they walk and carry themselves
· Detect objects and spray pesticides more accurately and cost-effectively with a robot than a farmer could ever do
Proposition: Our preferred AI investment is into a company that own the technology that unifies AI standards, has deployed working solutions in several sectors, and is already profitable after just 2 years of trading. We expect our clients to enjoy a tax-free (EIS) gain of many times their initial investment.