Representatives also attended the seminar from DeepMind and Facebook, a London-based Google AI startup which was purchased by Google.

Self-learning platforms can help scientists comprehend the links between cause and effect, based on Schmidt and analyse large datasets.

Schmidt said the area of AI is growing so significant that businesses should begin working collectively print their breakthroughs to the academic community and to create standardised approaches where they use similar tools.

“Every single improvement has happened because clever folks got in a room and finally they standardised approaches” said Schmidt. “The guarantee of this is really deep that we – Alphabet, Google, whatever our name is right at the minute – are working very difficult to improve these platforms.”

Google is one of several Silicon Valley companies investing cash and time into the area of AI. In the event the organization can make products like Google Search only a bit brighter with the help of AI algorithms that are new, then Google’s advertising sales could increase by several million pounds annually, based on a Business Insider source.

The Mountain View-headquartered firm obtained Oxford AI spinout DeepMind in 2014 for a reported GBP400 million in 2014 and an army of about 150 DeepMind research workers are currently constructing self-learning agents which are used across several Google’s products.

“Our profound learning tool has now been installed in several environments, especially across Google,” said DeepMind cofounder Mustafa Suleyman at a machine learning seminar in London this past year, mentioning Google and Picture Search as examples.

Amazon, Microsoft, Apple and Facebook are also planning to make advances in the discipline.