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  • https://doi.org/10.1201/9781003621119-1Copy DOI Icon

AI Fundamentals: Machine Learning and Big Data

  • Mar 2, 2026
  • Mahmood Seyyedzadeh +3 more
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Abstract

This chapter provides a comprehensive introduction to the foundational concepts of Artificial Intelligence (AI), Machine Learning (ML), and Big Data, emphasizing their interdependence and transformative impact across modern industries. The chapter begins by defining AI as the capability of machines to perform cognitive functions traditionally associated with human intelligence, and clarifies the relationship between AI and ML, highlighting ML as a critical subset focused on data-driven learning and prediction. It explores the core methodologies of ML, including supervised, unsupervised, and reinforcement learning, and discusses the challenges posed by the exponential growth of digital data, particularly the need for scalable data collection and labeling techniques. The chapter further examines the concept of Big Data, characterized by its volume, velocity, and variety, and its essential role in enabling advanced analytics and real-time decision-making. The integration of AI, ML, and Big Data is presented as a catalyst for innovation in sectors such as manufacturing, healthcare, and especially insurance. In the insurance industry, these technologies are revolutionizing operations through automated claims processing, fraud detection, personalized services, and predictive risk management. The chapter also addresses the challenges of integrating AI and Big Data, including data quality, cybersecurity, and ethical considerations, and underscores the competitive imperative for organizations to adopt these technologies.

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