The use of Artificial Intelligence, one of the most longstanding buzz words, is now on the rise. Modern-day industrial infrastructure seems to be pretty much equipped by this hype-turned- reality. However, have you ever dug deep within the spectrum of AI to find out what it all has in store for all? Backed by the technology of Machine Learning, AI has penetrated deep within business operations. This is one of the rapidly growing and trendsetting technologies in the business industry today.
It is not that hard to believe, how just two decades ago Deep Blue a computer beat a chess grandmaster Gary Kasparov. AI is enhancing itself and is becoming better at numerous "human" jobs -- diagnosing disease, translating languages, providing customer service -- and it's improving fast. This is raising reasonable fears amongst workers and upcoming students. According to The Guardian, 76% of Americans fear that their job will be lost to AI. While it's speculated AI will take over 1.8 million human jobs by the year 2020, however, the technology is also expected to create a 2.3 million new kinds of jobs, many of which will involve the collaboration between humans and AI.
As far as the impact of AI and Machine Learning on the modern world is constantly growing and changing every industry - from Education to Robotics and Heavy machinery, there is no doubt that tomorrow will be revolutionized by these two areas of computer science. Many cutting-edge inventions have already been made so far: Personal Assistants with a high level of human language understanding as Siri and Alexa, self-driving Tesla cars, IBM's Watson (won against 2 best performers at the Jeopardy show), autonomous weapons, dancing NAO Robots (2010 World Expo) and more. Numbers talk louder then simple words, so let's take a look at some predicted statistics of AI in business for next 5 years: By 2025 the whole AI market that was only $1.6 billion 4 years ago, will be around $60 billion and the world's GDP will rise by $15 trillion before 2030 because of AI. The intensively rising number of AI startups has been noticed since last two decades - at about 14 times more, than it was, and equivalently the amount of investments in this area also grew almost 6 times. Data Scientists from Google assume that only in the next year(2020) robots will manage to imitate complicated human behaviour and emotions like flirting or making fun of somebody.
Artificial Intelligence (AI) is one of the most popular subjects that is widely discussed today. I have in this article discussed some of the interesting facts about artificial intelligence such as, what is Artificial Intelligence, how does artificial intelligence work, applications of artificial intelligence, artificial intelligence future, benefits of artificial intelligence, disadvantages of artificial intelligence and more, to provide a broad introduction to artificial intelligence. Since the invention of computer it's capability to perform various tasks has been growing exponentially. Artificial Intelligence is a branch of Computer Science designed to create intelligent machines that behave like humans. Thus, the development of AI started with the intention of creating similar intelligence in machines that we find in human beings.
Since the recent past years, Artificial Intelligence (AI) is a buzzword in the market. Global industries are eying at Artificial intelligence to grab profitability. This is leading to increased attention towards AI and its applications. The companies are investing in emerging technologies like machine learning (ML), deep learning, predictive analytics, speech and image recognition, natural language processing (NLP) technologies to fuel their business. In particular, machine learning and deep learning are emerging as the most fastest-growing technologies of artificial intelligence.