A model attempts to do from scratch a specific decision method that a group of specialists would make if they could analyze all existing data (Burgess, 2017 Eiteman et al., 1989 Fountaine, McCarthy, & Saleh, 2019).Īrtificial intelligence (AI) has been changing businesses as proven by Airbnb, Ola, Uber, Flip cart, e-Bay, Amazon, Mantra, etc. In the 1950s, John McCarthy thinks up the term “artificial intelligence,” and Marvin Minsky was a well-known scientist in the field (Antón et al., 1994 Burgess, 2018). In other sense, artificial intelligence (AI) is the capability of a processor to accomplish jobs that are analogous (at least in a limited sense) to that of human wisdom and decision production (Alhashmi et al., 2019 Antón, McCracken, & Potts, 1994 Dimitras, Slowinski, Susmaga, & Zopounidis, 1999 Eiteman, Stonehill, & Moffett, 1989 Yoffie, Kind, & Shimol, 2016). Artificial intelligence and machine learning models are computational and mathematical algorithmic models which execute trained data and humanoid experiences input to produce a decision an expert would make when provided that same information (Alhashmi, Salloum, & Abdallah, 2019, Gentsch, 2018a, González-González & Jiménez-Zarco, 2014, Yorks, Rotatori, Sung, & Justice, 2020).
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