S1 - S5 Recap: AI in the Business World

Question 1

What does the GIGO principle stand for ?

Accepted Answer

Garbage in, garbage out

Question 2

What does 'sensor fusion' refer to in AI-powered systems?

Accepted Answer

Combining multiple sensor inputs to make better decisions

Question 3

How does Mastercard use network analysis to enhance fraud detection?

Accepted Answer

By analyzing connections between cardholders, merchants, and transactions

Question 4

When did the first 'AI Winter' occur ?

Accepted Answer

1970s - 1980s

Question 5

Which of these is true about the relationship between ML and AI?

Accepted Answer

AI is a subset of ML

Question 6

🧠 Approx how many neurons are in a human brain?

Accepted Answer

80 Billion

Question 7

Which of these movies features AI as a central theme?

Accepted Answer

The Matrix

Question 8

True or False: In supervised learning, the model learns from labeled data

Accepted Answer

True

Question 9

How does Spotify’s use of AI create a competitive advantage in the music streaming industry?

Accepted Answer

It enhances user engagement through hyper-personalization

Question 10

Which of the following best defines AI ?

Accepted Answer

A machine that simulates human intelligence

Question 11

Which concept refers to a hypothetical point where AI surpasses human intelligence?

Accepted Answer

Singularity

Question 12

Which recent innovation is driven by generative AI in the business world?

Accepted Answer

AI-generated marketing content and copywriting

Question 13

What is a key risk of using AI with low-quality ?

Accepted Answer

Incorrect or biased results

Question 14

Which AI techniques does Spotify PRIMARILY use to personalize user experiences?

Accepted Answer

Deep Learning, Collaborative & Content Based Filtering

Question 15

Which AI technologies are most commonly used in cashier-less checkout systems like Amazon Go?

Accepted Answer

Computer vision and sensor fusion

Question 16

True or False: The term 'Artificial Intelligence' was coined in the 1950s.

Accepted Answer

True

Question 17

How does Mastercard use Decision Intelligence to detect and prevent fraud?

Accepted Answer

By applying machine learning models to assess risk in real time

Question 18

💬 Approximately how many parameters does the language model behind ChatGPT (GPT-3) have?

Accepted Answer

175 Billion

Question 19

📊 Roughly how many hours of audio are uploaded to Spotify every day?

Accepted Answer

60,000

Questions 19