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Context: Artificial intelligence is intelligence demonstrated by machines, as opposed to intelligence of humans and other animals. Example tasks in which this is done include speech recognition, computer vision, translation between languages, as well as other mappings of inputs.

AI applications include advanced web search engines, recommendation systems, understanding human speech, self-driving cars, generative or creative tools, automated decision-making, and competing at the highest level in strategic game systems.

As machines become increasingly capable, tasks considered to require "intelligence" are often removed from the definition of AI, a phenomenon known as the AI effect. For instance, optical character recognition is frequently excluded from things considered to be AI, having become a routine technology.

Artificial intelligence was founded as an academic discipline in 1956, and in the years since it has experienced several waves of optimism, followed by disappointment and the loss of funding, followed by new approaches, success, and renewed funding. AI research has tried and discarded many different approaches, including simulating the brain, modeling human problem solving, formal logic, large databases of knowledge, and imitating animal behavior. In the first decades of the 21st century, highly mathematical and statistical machine learning has dominated the field, and this technique has proved highly successful, helping to solve many challenging problems throughout industry and academia.

The various sub-fields of AI research are centered around particular goals and the use of particular tools. The traditional goals of AI research include reasoning, knowledge representation, planning, learning, natural language processing, perception, and the ability to move and manipulate objects. General intelligence is among the field's long-term goals. To solve these problems, AI researchers have adapted and integrated a wide range of problem-solving techniques, including search and mathematical optimization, formal logic, artificial neural networks, and methods based on statistics, probability, and economics. AI also draws upon computer science, psychology, linguistics, philosophy, and many other fields.

The field was founded on the assumption that human intelligence "can be so precisely described that a machine can be made to simulate it". This raised philosophical arguments about the mind and the ethical consequences of creating artificial beings endowed with human-like intelligence; these issues have previously been explored by myth, fiction, and philosophy since antiquity. Computer scientists and philosophers have since suggested that AI may become an existential risk to humanity if its rational capacities are not steered towards beneficial goals. The term artificial intelligence has also been criticized for overhyping AI's true technological capabilities.

Answer: Artificial intelligence (AI) is intelligence demonstrated by machines rather than Intelligence of species and this AI is being used in some application like  advanced web search engines, recommendation systems, understanding human speech, self-driving car, generative or creative tools but like every coin has two face AI also raise ethical consequences of creating artificial beings endowed with human-like intelligence