This article discusses Ada Lovelace Day, celebrated annually to honor the achievements of women in STEM fields like Ada Lovelace, considered the first computer programmer. It also highlights the 2020 Nobel Prize in Chemistry awarded to Emmanuelle Charpentier and Jennifer A. Doudna for their groundbreaking gene editing technique CRISPR.

The article discusses cognitive computing, a type of AI that aims to mimic human thinking. It's distinct from traditional AI (machine learning) because it can handle ambiguity and uncertainty. Cognitive computing systems are adaptive, interactive, iterative, and contextual. They are designed to augment human decision-making, not replace it. Businesses can leverage cognitive computing to gain insights from data and improve decision-making. While AI can make predictions, human judgment is still critical for making final decisions.

This article discusses challenges of implementing machine learning for businesses. These include data quality, complexity vs. accuracy trade-offs, bias, and maintaining models over time. Companies need to address these challenges to reap the benefits of machine learning.

This article explores the difference between AI and machine learning. Machine learning is a powerful tool for businesses, but it shouldn't be a fad. Businesses should focus on how machine learning can solve real problems like sales forecasting and marketing. Part 2 will discuss the challenges of implementing machine learning.