Why image recognition is about to transform business

At Facebook's recent annual developer conference, Marc Zuckerberg outlined the social network's artificial intelligence (AI) plans to "build systems that are better than people in perception." He then demonstrated an impressive image recognition technology for the blind that can "see" what's going on in a picture and explain it out loud. From programs that help the visually impaired and safety features in cars that detect large animals to auto-organizing untagged photo collections and extracting business insights from socially shared pictures, the benefits of image recognition, or computer vision, are only just beginning to make their way into the world -- but they're doing so with increasing frequency and depth. It's busy enough that the upcoming LDV Vision Summit, an annual conference dedicated to all things visual tech, from VR and cameras to medical imaging and content analysis, is already in its third year. "The advancements in computer vision these days are creating tremendous new opportunities in analyzing images that are exponentially impacting every business vertical, from automotive to advertising to augmented reality," says Evan Nisselson of LDV Capital, which organizes the summit.