When asked which businesses are most likely to benefit from artificial intelligence, UK consumers agreed the top three industries to be benefiting are engineering (45%), administration (40%) and customer service (31%.) Additionally, 24% feel artificial intelligence will accelerate processes and increase business revenue. Comparably, though 30% of existing UK jobs could face automation over the next 15 years, new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, as suggested by an analysis carried out by PwC. Housing some of the world's most innovative artificial intelligence companies, and a rich ecosystem of investors, employers, developers and clients, the UK is a fast-growing area for research and commercial investment by major global digital companies.
With 50% of all consumers expecting to use AI and voice-activated technology in the coming years, B2B and B2C marketers must be preparing to adopt new technologies and content development strategies in a post mobile world, that includes voice search, artificial intelligence (AI) and holistic strategies that integrate SEO, SEM, social media and content marketing. The survey also sought to understand how marketers are preparing for the accelerating consumer adoption of AI, voice search, and local search over the next year. Although marketers are behind the curve of implementing specific strategies rooted in AI, voice and local, the survey did reveal many Fortune 500 in-house and agency content marketing teams are taking increasingly holistic strategies to integrate SEO, SEM, social media and content marketing. "It's a winner-takes-all in the post mobile world and marketing departments are adapting to changing consumer behavior," said Jim Yu, CEO of BrightEdge.
The newest and hottest version of AI, which is better known as "deep learning," occurs when a program not only understands language and images, but can interpret them and respond to them on its own. Google Translate, for instance, now uses deep learning to apply irony and slang to its translations. After all, haven't we always thought of writing, understanding slang and interpreting pictures as uniquely human skills? Unleashing the power of deep learning could help marketers personalize ads in ways they never could before.
Ensuring a relevant experience for customers, whether they're heading to a store or shopping online, is achieved by leveraging the power of artificial intelligence (AI), including machine learning and predictive analytics, to deliver personalized experiences at scale. Even a Little AI Can Help Deliver the Right Experience Working with AI, predictive analytics, and machine learning perhaps seems out of reach for many retailers, however, as Kevin mentioned, it's not an all-or-none proposition. When machine learning and predictive analysis do take the wheel, cross-channel customer interactions become increasingly relevant to customers on an individual level. The Future of AI in Retail Experiences The technology powering artificial intelligence is quickly growing and evolving.
As unsettling as this might sound, AI computing company NVIDIA plans to set up over a billion AI cameras by 2020. In a world policed by AI security cameras, people will be increasingly identified by their own physical traits, making it easier to prove ID and harder to fake it. Connected urban spaces need to be heavily coordinated to run smoothly, and machine learning equipped CCTV could offer a solution. Hard evidence would make it far easier for judges and juries to make decisions, but could have implications for professional lawyers by making their jobs somewhat obsolete.
Under the current net neutrality rules, broadband providers like Comcast and Charter, and wireless providers like AT&T and Verizon, can't block or slow down your access to lawful content, nor can they create so-called "fast lanes" for content providers who are will to pay extra. In other words, your internet provider can't slow your Amazon Prime Video stream to a crawl so you'll keep your Comcast cable plan, and your mobile carrier can't stop you from using Microsoft's Skype instead of your own Verizon cell phone minutes. Amazon, Netflix, YouTube, and a handful of other services may dominate the online video market, but without net neutrality, broadband providers might try to make it more expensive to access popular streaming sites in an attempt to keep customers paying for expensive television packages. Lewis also points out that there are a few other consumer friendly protections in the FCC's net neutrality rules.
But a startup from San Francisco called BabelOn is working on a particularly unique offshoot of this technology. Initially, the company wants to use its technology for things like improving dubbed films or localizing video games, but eventually it wants to be able to translate your speech in real time, say while you're on a Skype call. Imagine a game company wanting to localize an English voice-acting performance for other countries; BabelOn could let companies use the same voice actor and digitally create her dialogue rather than having to find a native speaker to rerecord the entire script. However, you can specify the desired emotional output of the translated performance; Hamilton called it an "emotional markup language."
JD Power's latest research into the likes and dislikes of car owners has two big takeaways: people love Kia and are pretty lukewarm about self-driving technology. Or, at least those components that most drivers can gain access to right now, like adaptive cruise control, collision avoidance and blind spot warning systems. The Wall Street Journal points out that of all the issues consumers raised, 34 percent of them were tied in to adaptive cruise control. If left unchecked, users may prefer to opt for cars with fewer autonomous systems, or prefer to drive with them deactivated.
For the past eight years, Uber's chief executive officer and co-founder Travis Kalanick played the role of disruptive entrepreneur with wild abandon--and to great effect. If the privately-held company were to go public in the future at anything approaching its current valuation of around $60 billion, taking a bite out of the $40 billion a year global taxi business would be table stakes. By improving its brand and improving relations with drivers, Uber can reverse recent declines in its share of the ride-hailing market, and generate tens of billions in annual revenue by taking share from the $40 billion global taxi industry. On Monday, the Japanese investment company Softbank announced a $100 million investment in 99.
By 2020, Intel predicts Knights Crest will improve Intel's AI technology performance by a factor of 100. RBS and NatWest are also testing an AI customer service chatbot dubber Assist. Another principal application of AI in the banking industry is wealth management and advice. In February, Wells Fargo created an AI team to provide more personalized services to its customers.