Artificial intelligence: Empowering patent filling

With the advent of Artificial Intelligence in every imaginable sphere that matters, it is hardly surprising that innovators are now in a rush to build their Intellectual Property portfolio in AI. The popularity of Artificial Intelligence, machine learning, neural networks and all other things related to Intelligent machines has been on the rise for quite some time now. A similarly whopping growth has been observed in the number of machine learning or AI-related patents/applications which have been filed in recent years. A recently published article revealed that patent applications based on machine learning have nearly quadrupled in the last few years, owing to the widespread use of the same in all major technological fields. Since the formal conception of Artificial Intelligence and machine learning, way back in the 50s, more than 300,000 patent applications and over a million scientific journals have been published.