Data science and artificial intelligence are highly correlated. While the former is all about pre-processing prediction, analysis and visualisation, the latter is the implementation of predictive models to forecast events. India’s artificial intelligence market is expected to touch $7.8 billion by 2025, growing at a CAGR of 20.2%, according to The International Data Corporation report. Indian businesses are increasingly planning to invest in AI to address current business challenges in the fields of security, human resources and IT automation.
This explains why the demand for data science professionals in India is at an all-time high in 2022, while pay scales are rising and career growth opportunities abound. In fact, there has been significant growth in median salary in 2022 to ₹16.8 lakhs per annum, a 25.4% rise from the previous year. Today, AI is used in almost every industry, from automotive manufacturing to private and public banks, healthcare, power and steel, telecom and e-commerce.
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If you are wondering which is better: data science or artificial intelligence, this article will help you understand both concepts and decide for yourself.
Table of Contents
What is Data Science?
Data science is an interdisciplinary approach to establish a problem, understand the business requirements and make the most of machine learning algorithms and data analysis to solve it. This is done by processing data extracted from multiple fields, such as computer science, scientific processes and statistics, to arrive at conclusions. Experts say that data science has brought in a 4th industrial revolution and is the core of major business decisions today.
This is because there has been a massive data explosion and industries are in dire need of data validation, governance, pre-processing and classification. This can help businesses create better products and customer experiences. The main goal of data science is to ask questions that can help locate potential study avenues. It is less focused on specific answers and more on a search for the right questions to ask, which the data can answer.
What is Artificial Intelligence (AI)?
AI is a “simulation of human intelligence” that can handle complex tasks like translating, speaking, engaging in business decisions, social transactions and recognising objects and sounds. Many giants, including Facebook, Google and Amazon, use AI to develop autonomous systems. AI systems ingest vast amounts of training data, analyse this data for patterns and correlations, and then use this analysis to make predictions. For instance, a chatbot is first provided with examples of text chats for it to learn how to produce lifelike interactions with people.
In short, AI helps in copying cognition and human understanding. It is required when repetitive tasks are involved, and fast decision making, precision and risk analysis are needed.
Difference between AI and Data Science
AI and data science are two of the most sought-after technologies that work with Big Data for effective decision making. Data science is mainly an umbrella term for design techniques, statistical techniques and developmental methods. AI is more about efficiency, conversions, algorithm design and deployment of these products and designs.
Below are a few key differences between data science and artificial intelligence:
|Scope||Implements machine learning algorithms||Processes and analyses massive datasets for visualisation and analytics|
|Tools Involved||Scikit-Learn, PyTorch, Mahout, Caffe and Shogun||SAS, Keras, Python, R and SPSS|
|Observation||Imposes intelligence in machines using data to help them respond as humans do||Considers patterns in data to come up with well-informed decisions|
|Graphic||Uses an algorithm network node representation||Represents data in different graphical formats|
|Applications||Automation, healthcare, robotics, manufacturing and transportation||Identifying patterns, statistical analysis, predictive analysis|
This data science vs artificial intelligence table is particularly important if you wish to take up a career in the tech space. Taking a look at it can help you figure out which area interests you more and then choose an educational program accordingly.
AI is still in its nascent stages and experts are optimistic about its future applications. Data Science uses AI as a tool to generate predictions while focusing on data transformation for visualisation and analysis. So, learning more about data science vs artificial intelligence to know which is better will help you avoid using the terms inappropriately.