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AI Glossary for Home Builders: Artificial Intelligence Terms Explained

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Innovation

AI Glossary for Home Builders: Artificial Intelligence Terms Explained

A quick guide to some key terms you'll hear used when talking about artificial intelligence


February 13, 2024
Robot hand reaching to meet human hand for artificial intelligence
Image: ipopba / stock.adobe.com

Curious about what artificial intelligence has to offer home builders but unsure about what the terminology means?
Here's a quick guide to some key AI-related lingo: 

Artificial Intelligence (AI): The simulation of human intelligence in machines that are programmed to think and learn like humans.

Machine learning: A subset of AI that enables machines to learn from data and improve their performance over time without being explicitly programmed.

Generative AI: Artificial intelligence that uses algorithms to create new and original content, such as text, images, or music, by learning and mimicking patterns from existing data.

Predictive AI: Artificial intelligence that uses machine learning to make informed predictions about future events or outcomes across domains such as finance, real estate, and safety.

Deep learning: A type of machine learning that uses neural networks with many layers (deep neural networks) to analyze and learn from data.

Natural language processing: A field of AI that focuses on the interaction between computers and humans using natural language, enabling machines to understand, interpret, and generate text that feels like it’s written by a human.


 

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