AI means Artificial Intelligence.

It means Alpaca Insurance!

Also, that is an algorithm and not intelligence. Logic isn't the same thing as intelligence.

No, you didn't "edit" your mistake, you completely changed the meaning of your response which makes anything after it look absurd.

You originally stated that an algorithm was intelligence, the implication being that using your logic, you thought that a calculator was intelligent.

As far as the meaning of AI, you clearly don't understand the landscape surrounding the hyperbolic assertions made by ignorant journalism about the topic.

Machine learning is one aspect of the landscape, useful as it is, intelligence it is not.

LLM emissions on the other hand appear to emulate enough grammatically correct language to fool many people some of the time, leading to their mistaken belief that what is happening is intelligence rather than, at least from their perspective, magic.

(Any sufficiently advanced technology is indistinguishable from magic. -- Arthur C. Clarke)

So, intelligence it is not, Assumed Intelligence is what it is, or autocorrect gone uppity if you prefer, an algorithm either way.