If You Aren't Using AI, You're Falling Behind According To The U.S. Patent And Trademark Office

In a new report released on October 27 by the United States Patent and Trademark Office (USPTO), more than 42% of all technology areas in 2018 incorporate Artificial Intelligence (AI) in their new inventions. The majority of these improvements come in knowledge processing and planning/control, which involve analyzing information to gain new insights and using those insights to manage a business process. CIOs continue to talk about how vital AI technologies are, but this new report confirms that if companies aren't already putting that talk into action, they are behind the curve. The danger of falling behind is even greater for companies that haven't started adoption since the statistics only cover till the end of 2018. In the last 18 months, the percentage of technologies that include AI has undoubtedly continued to increase. The report also confirms an increased interest by the office in this technology and a higher willingness to consider new applications that include them.