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Knowledgebased

Knowledgebased is an adjective used to describe systems, approaches, or economies that rely primarily on structured knowledge as the basis for action, reasoning, or value creation, rather than solely on raw data or statistical correlations.

In artificial intelligence, knowledge-based systems are built on explicit representations of domain knowledge, such as rules,

In business and economics, the term is used within the concept of a knowledge-based economy, where value

Historically, knowledge-based approaches gained prominence in the AI field during the 1970s and 1980s with expert

ontologies,
or
frames.
They
typically
include
a
knowledge
base
and
an
inference
engine
and
are
designed
to
simulate
expert
reasoning,
provide
explanations,
and
support
decision
making.
Knowledge-based
approaches
emphasize
explainability
and
transferability,
but
they
can
suffer
from
bottlenecks
in
knowledge
acquisition
and
maintenance,
and
may
be
brittle
when
confronted
with
unfamiliar
situations.
is
created
through
knowledge
and
intangible
assets
such
as
human
capital,
research
and
development,
intellectual
property,
and
information
infrastructure.
Organizations
pursuing
knowledge-based
strategies
focus
on
education,
innovation,
collaboration,
and
information
systems
to
enhance
productivity
and
competitiveness.
Knowledge-based
management
aims
to
improve
decision
making
and
performance
by
leveraging
both
tacit
and
explicit
knowledge,
often
through
practices
like
knowledge
sharing,
communities
of
practice,
and
knowledge
graphs.
systems,
which
encoded
domain
expertise
as
rules.
Since
then,
there
has
been
ongoing
integration
with
data-driven
methods,
leading
to
hybrids
that
combine
structured
knowledge
with
machine
learning,
semantic
technologies,
and
ontologies.
Critics
point
to
challenges
in
knowledge
elicitation,
scalability,
and
maintenance,
while
proponents
argue
that
knowledge-based
components
improve
transparency
and
domain
reliability.