Artificial Intelligence (AI): Recent Trends, Future and much more
We have just seen the beginning of AI’s potential and have yet to fully understand its full capabilities.
For over seven decades, Artificial Intelligence (AI) has been a hot subject in the world of technology. Research teams have used AI to create many features that were previously thought to be impossible. AI is at the heart of many exciting fields today, from facial recognition to chatbot, from personal assistants to self-driving vehicles.
Like most researchers believe, we have just seen the beginning of AI’s potential and have yet to fully understand its full capabilities. Leading companies are well aware of the vast possibilities offered by AI for business development. As a result, it makes perfect sense to have a solid understanding of AI in order to keep pace with technology.
Furthermore, as more companies embrace AI, the field’s job opportunities appear to be bright.
Thorough research has classified AI into two categories: strong and weak AI.
Weak AI vs Strong AI
Weak Artificial Intelligence
While Siri on the iPhone and Alexa on Amazon are both AI programs, they are in generally considered as weak. Since voice-activated assistance typically has a pre-programmed response, this classification is based on the distinction between controlled and unsupervised programming. They detect or ‘inspect’ for items that are close to what they already know and categorize them accordingly.
It’s like a human feature, but essentially it’s where similarities end up as poor AIs. Siri identifies keywords like “on” and “music system,” so it will answer by turning on the music system if you ask it to turn on the music system.
It is, however, only doing what it is programmed to do. It doesn’t get what you’re doing and can’t make sense of it.
Strong Artificial Intelligence
Strong AI, which has been used in a number of movies, works much like the human brain. They process data using cluster analysis and association rather than classification. This means that, unlike weak AIs, there is no pre-programmed response to your terms or queries, and the outcomes of their programming and operations are highly undefined.
The AI in video games is a common example of strong AI. It is more self-sufficient than poor AI and has the ability to learn and adapt to new circumstances.
Recent Trends in AI
In 2021, the most tenacious businesses will propel AI to new heights. Holographic conferences for remote workers and on-demand, customized manufacturing are among the possibilities. They’ll turn strategic planning into a game, create boardroom simulations, and step into intelligent edge environments.
According to CRN, the Internet of Things has been a fast-growing area in recent years with market researcher Transforma Insights forecasting that the global IoT market will grow to 24.1 billion devices in 2030, generating $1.5 trillion in revenue.
The use of AI/ML is increasingly intertwined with IoT. AI, machine learning and deep learning, for example, are already being employed to make IoT devices and services smarter and more secure. But the benefits flow both ways given that AI and ML require large volumes of data to operate successfully – exactly what networks of IoT sensors and devices provide.
The Covid-19 disease outbreak is quickly shifting automation priorities away from front-end operations and toward back-end processes and business agility. Intelligent Automation can, in reality, combine robotic and digital process automation with practical AI and low-code resources.
While developing their operations, these innovations will help companies become more competitive and resilient.
Bismart mentioned that governments must take steps to retrain the workforce to adapt to the needs of new technology and address gaps in skill sets, particularly for those whose jobs are most likely to be affected by automation, such as drivers. Policy makers will have to make key decisions about practical and ethical aspects of artificial intelligence, such as data storage and privacy. Bill Gates has suggested a “robot tax”, and Elon Musk believes a universal basic income may be the way forward.
The job market will undoubtedly change due to artificial intelligence and other advances in technology. But if AI is used thoughtfully, it offers many possibilities to improve our lives and solve important problems.