While there are some very good networks that perform their designed task
beautifully, there are others that perform miserably. Furthermore, these
networks require massive amounts of computing resources that restrict their use
to those who can afford it. On the other hand, fuzzy logic is practically a
win-win situation. Although some are rather simple, these systems perform their
duties quickly and accurately without expensive equipment. They can easily
replace many mundane tasks that others computer systems would have trouble with.
On the other hand, the chaos theory has potential for handling an infinite
amount of variables. This gives it the ability to be a huge success in the
financial world. It's high learning curve and its primitive nature, however,
limits it to testing purposes only for the time being. It will be a rocky road
for chaos theory and chaos engineering for several years. Finally, expert
systems, knowledge-based systems, and cased-based reasoning systems are here to
stay for a long time. They provide an efficient, easy to use program that yields
results that no one can argue with. Designed correctly, they are can be easily
updated and modernized. While the massive surge into the information age has
ushered some old practices out of style, the better ones have taken over with
great success. The rate of advancement may seem fast to the average person, but
the technology is being put to good use and is not out of control. A little time
to experiment with the forefront technologies and society will be rewarded with
big pay-offs. Soon there will be no place uncharted and no stone unturned.
Computers are the future in the world and we should learn to welcome their
benefits and improve their shortcomings to enrich the lives of the world.
Bibliography
Butler, Charles, and Caudill, Maureen. Naturally Intelligent Systems. Cambridge:
The MIT Press, 1990. Hedburg, Sara. See, Hear, Learn. Byte July 1993: (pp.
119-128). Patterson, Dan W. Introduction to Artificial Intelligence and Expert
Systems. Englewood Cliffs: Prentice Hall, 1990. Schmuller, Joseph, ed. PC AI
March/April 1993: (pp. 8-29). Weiss, Gary. Chaos Hits Wall Street-The Theory,
That is. Business Week 2 Nov. 1992: (pp.138-140).
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