Success in creating effective AI, could be the biggest event in the history of our civilisation. So we cannot know if we will be infinitely helped by AI, or ignored by it and side-lined, or conceivably destroyed by it. Artificial Intelligence (AI) is the term to describe a machine's learning, logic, reasoning, perception and creativity which were once considered unique to humans but now replicated by technology and use in every industry. Artificial Intelligence is the use of computer science programming to imitate human thought and action by analysing data and surroundings, solving or anticipating problems, learning of self-teaching or adapting to a variety of tasks. AI can relieve humans of various repetitive tasks.
When most people hear the term Artificial Intelligence, the first thing they usually think of is robots or some famous science fiction movie like the Terminator depicting the rise of AI against humanity. Artificial intelligence refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning, analyzing, comprehending, and problem-solving. The applications of artificial intelligence in the real-world are perhaps more than what many people know. The ideal characteristic of artificial intelligence is its ability to rationalize and take actions that have the best chance of achieving a specific goal or defined operations. With the advancements of the human mind and their deep research into the field, AI is no longer just a few machines doing basic calculations.
Everywhere you turn today is some unbelievable technological advancement on a variety of fronts. In our everyday lives, we hear or experience things about autonomous vehicles, warehouse robots, chatbots, Alexa, Siri, Uber, automated email responses, robotic surgeries, Netflix recommendation systems, smart factories, smart buildings and search retargeting. Technology giants are becoming the most valuable companies on the planet, and we see our lives shifting from what we thought was kids and their smartphone addictions and gaming to encroaching on our daily lives across the board. They are typically revolving around a variety of enabling technology layers, namely, cloud computing, computational systems, networks and sensors, robotics, material sciences, digital manufacturing and artificial intelligence. However, at the center of it, is AI that permeates many of the other advances in some shape or form in creating intelligent systems on top of advances in core products or technologies.
How likely you are to trust a self-driving car or advice from Siri? A University of Kansas interdisciplinary team led by relationship psychologist Omri Gillath has published a new paper in the journal Computers in Human Behavior showing people's trust in artificial intelligence (AI) is tied to their relationship or attachment style. The research indicates for the first time that people who are anxious about their relationships with humans tend to have less trust in AI as well. Importantly, the research also suggests trust in artificial intelligence can be increased by reminding people of their secure relationships with other humans. Grand View Research estimated the global artificial-intelligence market at $39.9 billion in 2019, projected to expand at a compound annual growth rate of 42.2% from 2020 to 2027.
When most people think of Artificial Intelligence (AI) they probably think about their Amazon's Alexa, self-driving cars or Apple's Siri. However, AI can help be used for many other functions, including marketing and construction. Home builders and developers can incorporate AI in their marketing and construction efforts to impact growth in business and employee retention. The benefits of AI include improving efficiency in the workplace, solving complex problems, and even freeing up your time. Many businesses use AI-related machines or bots and other technologies today so they can use their time more wisely.
PARTNER FEATURE: Intelligent connectivity enables transformational new capabilities in transport, entertainment, industry, and much more. For technical systems to digitally match human actions with connected environments, however, they must meet the speed of our natural reaction times. The networks used must be ultra-reliable, as many critical tasks will be executed remotely. And they will also rely on cost-effective edge infrastructure to enable scaling. According to GSMA, 5G could account for as many as 1.2 billion connections by 2025.
Thirty years ago, everybody was thinking about flying cars. Do we have flying cars now?? of course not! But we have something better. AI, wheel of our times, it will change the world as the invention of wheel did in the stone age. The term'artificial intelligence' was given by John Mccarthy way back in the 50's, but the journey of understanding the process took more than half of a century.
When some people hear the term'artificial intelligence' their initial reaction is to imagine a dystopian future where robots have risen up and overthrown humanity. The truth is, application of AI technology in our day-to-day lives is a lot less sinister. It might not be long before these technologies become common in our everyday lives. It's currently assisting with medical diagnosis, the creation of autonomous cars and to help improve businesses by analysing data and creating accurate forecasts of client or market behaviour. The application of AI is becoming more and more popular in businesses worldwide, with the potential to improve our lives in unexpected ways.
Developments in AI are advancing at a rampant pace, with innovations improving the quality of life in different ways across disciplines. For instance, Forbes estimates that 10 million self-driving cars will hit the road in 2020, and another study reported by Business Wire projects that automotive artificial intelligence will bring in revenues of over $14 billion by 2025. Another example is Google's Deep Learning program helping pathologists detect cancer with higher accuracy. Another article from Forbes asserts how the use of big data can help prevent a heart attack every 40 seconds. Although many organizations across fields still lack the foundational practices needed to create value from AI at scale, AI is being adopted at a rapid rate by digital marketers across niches. As reported by Statista, artificial intelligence and machine learning are among the most effective digital marketing techniques used by marketers today.
While making predictions may be easy, delivering accurate ones is an altogether different story. That's why in this column we won't just be looking at the most important trends of 2020, but we'll also look at how the ideas we highlighted last year have developed. In summarizing the trends of 2020, one conclusion we've come to is that society is getting increasingly interested in AI technology, in terms of both the threats it poses and common knowledge about other problems that need to be addressed. In our AI Trends 2019 blogpost we chronicled last year's most important trends and directions of development to watch. It was shortly after launching the AI Monthly Digest, a monthly summary of the most significant and exciting machine learning news.