as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain in simple terms the concept of artificial intelligence.
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artificial intelligence (ai) is the field of computer science that enables machines to learn from experience, adjust to new input, and mimic human decision-making processes. it involves the use of algorithms and sophisticated software to solve problems that would require considerable effort for humans to solve. ai has applications in a wide range of areas, including healthcare, finance, manufacturing, business, and autonomous vehicles.
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