AI

• Artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated

  by machines, in contrast to the natural intelligence displayed by humans and other animals, such

  as "learning" and "problem solving.
• Supervised learning is a process where our machines are designed to learn with the feeding of labelled data. In this process our machine is being trained by giving it access

  to a huge amount of data and training the machine to analyze it.
• Unsupervised learning: Contrary to the supervised learning, the unsupervised learning algorithms comprises analyzing unlabeled data i.e., in this case we are training the machine to analyze and learn from a series of data, the meaning of which is not apparently comprehendible by the human eyes.
• Reinforcement learning is a feedback dependent machine learning

  model. In this process the machine is given a data and made to predict what the data was.
• Peer-to-Peer Transactions: The sharing economy enables direct transactions between individuals, cutting out traditional intermediaries like companies or institutions.
• Asset Sharing: Individuals share physical assets, such as cars, homes, tools, or even clothing.
• Access Over Ownership: The focus in the sharing economy is on access to goods and services rather than ownership.
• Technology Facilitation: Digital platforms play a crucial role in the sharing economy by connecting providers and consumers.
• These platforms often provide rating systems, payment processing, and other features to facilitate transactions and build trust among participants.
• Flexible Work Opportunities: The sharing economy has also given rise to gig or freelance work opportunities.
• Individuals can earn income by providing services through sharing economy platforms, such as driving for ride-sharing services or offering accommodation through home-sharing platforms.
• Ride-Sharing Services: Companies like Uber and Lyft allow individuals to share rides in their private vehicles, providing a more flexible and convenient alternative to traditional taxi services.
• Accommodation Sharing: Platforms like Airbnb and HomeAway enable individuals to rent out their homes or spare rooms to travelers, offering a more personalized and cost-effective alternative to hotels.
• Peer-to-Peer Lending: Platforms like Prosper and LendingClub connect individuals who want to borrow money with those willing to lend, bypassing traditional financial institutions.
• Goods Sharing: Platforms like TaskRabbit and ShareGrid allow individuals to offer and access a

  wide range of services and goods, from household tasks to photography equipment.