What are the Prerequisites of the Artificial Intelligence?

The Artificial Intelligence involves the ability to be intelligent artificially and must possess the ability to come out with the human like responses and for the achievement of all these features, the computer must have the following requisite features –

1. Under – stand what is the ‘common sense’.
2. Under – stand the ‘facts’ and the various relationships existing between these facts.
3. Must be able to manipulate the data based on the quality.
4. Must be able to tackle the various exceptions that may creep in.
5. Should be able to deal with the discontinuity.
6. Must be able to inter – face with the humans in a ‘free – format’ fashion.
7. Should be able to tackle the various new situations that may arise and such critical situations should be handled based on the previous learning.

What are the applications of the Artificial Intelligence?
1. Financial Management
2. Manufacturing the planning and the scheduling
3. Factory Management
4. Project Management
5. Port – folio Management
6. Sales services
7. Field services
8. Geology
9. Distribution services
10. Diagnosis
11. Trouble shooting
12. Currency / Interest rates SWAP’s
13. Asset liability Management
14. Reading / interpreting financials
15. Criminology