Deep Learning Technology: How AI Is Changing The World

As the wave of digital transformation and deep learning technologies continues to wash over the world of business, we are seeing significant changes in how companies are communicating with their customers. With a recent report claiming that the AI software market will grow from $1.38 billion in 2016 to $59.75 billion by 2025, it's clear that chatbots, machine learning and deep learning technologies will play a crucial role in the future of enterprise communications – but what exactly is it and what kind of impact will it have as the years go by? In order to answer these questions, we decided to write a short yet informative piece on deep learning technology and what it brings to the table for businesses in post-digital world. AI is not an unfamiliar concept and the idea of machines that can think has existed for as far back as the 1950s. However, over the last decade or so, we have seen a monumental shift in the development of new AI technologies that are changing the way people communicate and taking Artificial Intelligence to a whole new level. If we were to look at machine learning, a term used to describe the way a computer uses algorithms to analyse data, learn from it and then act on what it has learnt, we can see that AI works not by following a set of strict instructions set by a programmer, but instead functions independently to analyse wide sources of information available through the cloud and solve problems by itself.