Artificial intelligence (AI) at the edge of the network is a cornerstone that will influence the future direction of the technology industry. If AI is an engine of change, then semiconductors are the oil driving the new age that is being defined by machine learning (ML), neural networks, 5G connectivity and the advent of blockchain, digital twins and the metaverse. Despite recent disruptions to the chip industry due to supply chain and more recently, macroeconomic factors, the confluence of AI – and the Internet of Things (IoT) known as AIoT– is poised to shift the world from cloud-centric intelligence to a more distributed intelligence architecture. It is expected that a staggering 73.1 zettabytes of data is expected to be generated by IoT devices, in 2025 according to IDC Research. As a result, endpoint data will increase at a CAGR of 85% from 2017 to 2025, driving intelligence from the cloud to the endpoint to run AI/ML workloads within tiny machines (TinyML).

Episode Info: Episode 203 - Alex Bates discusses his book "Augmented Mind," and explores how augmenting humans, combining human intuition and artificial intelligence, will herald an unprecedented era of productivity and financial success. Alex performed DARPA-funded research in neural networks, human memory and computational diagnostics. He is the Managing Director at Neocortex Ventures a firm bringing artificial intelligence and machine learning to the forefront of the industrial market. Host, Kevin Craine Want to be a guest? Want to be a sponsor?

Qualcomm Ventures said Thursday that it has invested $8 million in a New York-based Internet of Things startup that helps companies predict when their machines will fail. Augury, founded in 2011, collects data from equipment via advanced sensors and then applies artificial intelligence algorithms to anticipate when they will break down. It saves customers money by flagging the need for maintenance ahead of a problem. Qualcomm Ventures believes the investment will help jumpstart the emergence of wireless connected factories, shipyards and other industrial operations -- all of which are expected to accelerate with the rollout of new 5G networks. In industrial settings, every machine generates data.

Artificial Intelligence (AI), Broadband Wireless, Cloud Computing, Data Analytics, Robotics, and the Internet of Things (IoT) represent six key technology areas that are poised to transform consumer, enterprise, and industrial markets. AI is increasingly integrated in many areas including Internet search, entertainment, commerce applications, content optimization, and robotics. Many of these new and enhanced apps will greatly benefit from enhances in Cloud Computing such as Mobile Edge Computing. IoT and Robotics are working hand-in-hand to transform consumer, enterprise, and industrial markets. Both technologies benefit greatly from the integration of AI and leveraging Data Analytics for improved operations as well as identifying potential problems and opportunities.

Industrial manufacturers focused on fully automating their operations as an end goal might be limiting their growth potential. Forging strong interactions between artificial intelligence (AI), humans and machines to create an organization that can be more nimble and responsive to the rapidly changing market could be a better option. In today's industrial market, driven by disruption and demand for ever-more innovative, personalized digital products and services, applying automation alone will not be enough to sustain success. Human input and creativity remain the fuel of innovation and maximizing AI will become increasingly critical to gain a competitive advantage in the digital age. Companies using this approach are significantly outpacing many of their peers in terms of performance.