Index Development is a very brief concept. There are things like Thematic Investing that you need to have information about to understand the concept better. Here, however, we are going to focus on the Artificial Intelligence Indices. There is a lot that you must know about the same but prior to that it is important to understand what this term actually means. Here we are going to discuss about the different parts of Artificial Intelligence Indices.
AI Index is quite a brief term that is very easy to understand. The AI Index is basically an effort that is made to track as well as collate and distill plus visualize the data that relates to the artificial intelligence. This index tends to be the data as well as analysis comprehensive resource for different policymakers, researchers, executives as well as journalists. It helps the public to develop the intuitions regarding the complex field of AI. It is basically the initial point for the informed conversations regarding the progress in the field of artificial intelligence. Next comes the AI report. The AI report has a different set of metrics. It makes the underlying data not only easily available but at the same time accessible to the general public.
The AI Index Report is basically broken into 4 huge sections. These include the volume of activity, technical performance, derivative measures and towards human performance. Volume of Activity focuses on the "how much" parameter of the field while Technical Performance focuses on "how good." Derivative Measures focuses on the relationship between trends whereas the Towards Human Peformance outlines the list of notable areas where progress has been made.
All in all, these are the different parts of Artificial Intelligence Indices that you must know.
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