Future of AI Part 2

This part of the series looks at the future of AI with much of the focus in the period after 2025. The leading AI researcher, Geoff Hinton, stated that it is very hard to predict what advances AI will bring beyond five years, noting that exponential progress makes the uncertainty too great. This article will therefore consider both the opportunities as well as the challenges that we will face along the way across different sectors of the economy. It is not intended to be exhaustive. Machine Learning is defined as the field of AI that applies statistical methods to enable computer systems to learn from the data towards an end goal. The term was introduced by Arthur Samuel in 1959. Deep Learning refers to the field of Neural Networks with several hidden layers. Such a neural network is often referred to as a deep neural network. Neural Networks are biologically inspired networks that extract abstract features from the data in a hierarchical fashion. Deep Reinforcement Learning will be considered in greater detail in part 3 of this series. For the purpose of this article I will consider AI to cover Machine Learning and Deep Learning. Narrow AI: the field of AI where the machine is designed to perform a single task and the machine gets very good at performing that particular task.