As I discuss at length in my recent book "The Weaponization of AI and the Internet," our human society is experiencing the very earliest beginnings of an expansively disruptive information revolution. Artificial Intelligence (AI)-enabled algorithms and automated machines are transforming our society, our daily lives, and potentially even our views of what it means to be "human" more rapidly and completely than we can possibly contemplate. Critical uncertainties remain regarding whether -- through our inventions -- we are inevitably outsmarting ourselves. Optimists among us believe that AI-assisted human intelligence will ultimately provide us with near-magical tools for alleviating suffering and realizing human potential. Some holding this vision foresee that super-intelligent AI systems will enable us to comprehend presently unknowable vast mysteries of the Universe, and to solve humanity's most vexing questions such as eradication of diseases, natural resource depletion and world hunger.
Jack Watts, head of Business Development AI EMEA, NetApp, writes about the growing influence of AI, and what's needed for its success. In today's digitally connected world, data is everything. This is especially true within the medical field, which arguably demonstrates the best examples of how data is changing the world for the better. Though the industry is still at the forefront in its ability to use that data with emerging technologies, like artificial intelligence, the room for growth cannot be understated. According to recent reports, the industry is expected to reach $6.6 billion by 2021 and almost double to $13 billion by 2025.
Augmented Reality is hitting almost every industry. Its effect shows a massive evolution of the growth potential and marketing innovation, the financial gain, and the overall balance of how we incorporate this technology at home, on the go and our work environment. Amazon Lab126 is working on a domestic robot called Vesta. Overseeing this project is Greg Zehr who runs the R & D. This project is different than the robots used in Amazon warehouses however it's expected that the consumer robot market will be worth $15 billion by 2023. Lens, Google's Visual Search tool, works with your phone to identify any image.
Technological Singularity is coming in 2040. Should we be scared of Artificial Intelligence? He did his PhD in Paris at Universite Pierre et Marie Curie, then became a Research Fellow and a lecturer at the University of Oxford. After returning to Poland, he took up research on artificial intelligence and mathematics, and founded a technological group ulam.ai, Within the group he co-founded multiple AI ventures ranging from logistics to the fashion market, and using cutting-edge technologies.
In many countries – where healthcare is underfunded and under-resourced – companies are deploying AI apps and we're beginning to reap the benefits of better efficiencies. In 2018, for example, Google launched an AI service in Thailand to screen for diabetic eye disease that causes blindness. The technology has a 95 percent success rate, compared to human doctors who have a 74 percent success rate, according to a joint study by Google and the Thai state-run Rajavithi Hospital.
The future can be hazardous to your financial health. Your numbers might look good today, but what if tomorrow brought a cluster of payments due that suddenly dropped your cash flow into the red? What if an unexpected event or change in circumstances impacted your finances, requiring you to sacrifice your values or lifestyle? What if such extenuating circumstances eroded your bank account balance with exorbitant overdraft fees? At a time when 40 percent of Americans wouldn't be able to cover a $400 emergency, the unfortunate reality is that millions of people face financial challenges like this every day.
There's been a lot of hype around AI technologies over the last several years. As 2020 approaches, we can expect to see many of these technologies making their way out of the lab and into full production. This may come in the form of improved software systems to intelligent assistants deployed across enterprises to help humans contact IT and HR. From customer service to fraud prevention, AI will have an impact on how humans complete their everyday responsibilities, enabled by smarter and accelerated insights. With voice assistants readily available in homes and cars, humans are becoming increasingly comfortable talking to machines.