Rules-based systems Long before AI and machine learning (ML) became mainstream terms outside of the high-tech field, developers were encoding human knowledge into computer systems as rules that ...

The major example of rule-based accounting is the Generally Accepted Accounting Principles (GAAP), which is a system broadly used in the U.S. Rules-based accounting involves – as the name ...

While a rules-based system could be considered as having “fixed” intelligence, in contrast, a machine learning system is adaptive and attempts to simulate human intelligence. The key ...