Some answers:
...do i have to put it through the A/D Converter, since technically it is an anolag signal ?
Yes, digital chips may fry when exposed to analog signals.
Be aware that you may have delay some time after starting the ADC before the signals are accurate.
how would i actually interpret the audio signal coming in?
Basically you have digital values coming in at a frequency. You will need to store those values and then analyze them. You must trade memory capacity/usage for accuracy. The more samples you take, the better your data and results; but this occupies more memory.
You will also need to filter out noise from the signal and from layered sounds.
You may get some benefits from researching on FFTs.
You should compare using "fuzzy logic" because in the real world, nothing is exact; for example your voice signal could be +/- 30 counts and still be "correct".