Emerging tech trends firms just can't ignore

Emerging technologies and their rapid advancements will impact every player--big or small--across geographies, and regardless of the industry a company operates in. According to Convergence Catalyst's June 2017 report on artificial intelligence (AI), it took between 19 and 40 million pictures of cats for an average unsupervised (unaided) deep learning algorithm to recognize a picture of a cat. A follow-up research on the same topic earlier in February this year pegged the number down to less than one million--thanks to the significant advancements in low-data techniques, clustering algorithms and subject vector machines in the AI/ML (machine learning) space. Moreover, computing power used in the largest AI training runs has been doubling every 3.5 months. Since 2012, this metric has grown by more than 300,000x.