Artificial Intelligence (AI) has been a major topic of discussion since the beginning of this millennium. While experts believe that AI is going to replace 40% of the jobs in the next few years, most of still don’t have much idea about the technology and how it functions. And since there have been enough Hollywood movies, antagonizing the AI technology, people are really skeptical about what AI holds for the future of mankind.
10 Most Trending Artificial Intelligence Issues of 2020
Well, if you have been following the AI-related news, you must have noticed how AI is revolutionizing the way businesses operate in the market. If you want to stay relevant in today’s market, you also need to be aware of the latest advancements in the field of AI. In this blog, you will find the top 10 Artificial Intelligence (AI) trends that are gaining momentum in 2020.
Monitor and refine business processes
There’s no denying that most employees hate to work on the tasks that are repetitive. With the incorporation of AI technology in the operations, the businesses can now assign the repetitive yet necessary tasks to the software-based robots. Tasks such as filling in forms, generating reports and preparing documentation – all can be automated by machines. In fact, the experts believe that the machines can observe the people at work and learn to do the tasks for us in a faster and more organized manner. Needless to say, this is going to save the businesses a lot of time.
Data becomes more accurate and available
Organizations need accurate data for decision-making purposes. And now that technology has enabled us to create real-life simulations, gathering accurate data has become much easier for the companies. This has created an opportunity for the businesses to test the applications of AI technology without leaving the lab for once. While the computer simulations are a much safer option, they are also cost-effective for the business. In 2020, we will see an increase in the availability of real-world simulations, which will further lead to more accurate AI performance.
More personalization in real-time
You must have noticed that once you check out a shirt or a toothbrush on an online shopping site, you start to get a similar recommendation in the form of Google ads. Well, personalized ads are also a gift of artificial intelligence. The AI allows the service providers to quickly get a better understanding of the customers in real-time as they interact through mobile apps and online portals. AI quickly learns how their predictions can fit our wants and needs accuracy.
More availability of AI-powered devices
As the application of AI technology starts to become more affordable and available to the organizations, we will see an increase in the number of devices, tools and gadgets that use AI. In fact, we have already witnessed an increase in the application of AI-powered predictions on different devices such as computers, phones and watches. With time, we are likely to witness other AI-powered devices – such as the vehicles, household appliances and more. With the increasing popularity of cloud and the Internet of things – we are most likely to experience the trend of more AI-powered devices.
Increasingly perform at the “edge”
A majority of the AI technology that we are interacting with take place “In the cloud”. Whenever a user interacts with an AI-powered system, the complex data-driven algorithms start running on high-performing processors inside remote data centres. As these algorithms tend to become more efficient and capable of running on the low-power devices, AI will start performing close to a point (the edge) where data is collected and used. 2020 will see an increase in the application of this trend as the custom processes designed to carry out real-time data will become part of the technology that most of us interact with on a daily basis.
An increase in AI and human cooperation
As the number of AI-powered devices continues to grow, more of us will become accustomed to the idea of working alongside AI-driven tools and bots. While the AI technology continues to simply difficult task for the humans, we are there to do the work that AI still cannot manage – such as the creative tasks, communications, strategizing, etc. This is the reason why more and more people are pushed to learn new skills which will allow them to work alongside the new robotic and software-based tools.
With time, hacking, phishing and other cyberattacks are getting more advanced for our existing security measures. As these attacks start using AI and advanced prediction algorithms, it is only fair that we use equally smart technology to protect our data from these attacks. AI can be used to identify the signs of digital activity or transactions that are not initiated by the organization. It can help raise alarms before any hacker can breach the defenses and access the sensitive data. Now that most businesses are operating in the digital platform, they need to use such advanced measures to protect their data.
Contribute to movies, games and music
The current trend suggests that the influence of AI in entertainment media is most likely to grow. You must have already seen a number of movies where the age of an actor is significantly reduced with the help of AI. The AI-driven visual effects work seamlessly to create a hyper-real experience on screen. Video games have already started to work on creating more challenges where the player can face human-like opponents. Moreover, there is significant use of AI-generated music, creating dynamic soundscapes.
AI will recognize us more easily
The facial recognition technology is advancing at a great speed with the help of AI. In fact, some countries have already started to use AI-powered facial recognition to access services such as public transport and communication networks. Governments and corporations are increasingly investing in this technology to gather more data about people’s activity and behavior. However, there are some setbacks, as more people are resisting the intrusion into their lives due to the increasing use of facial recognition in the public space.
More interaction with the AI will happen
Currently, most of us can distinguish between a human agent and a chatbot when engaging in a conversation. However, with the increasing use of datasets in training natural language processing algorithms, it will become harder for us to identify the difference. As the use of deep learning and semi-supervised models of machine learning become more common, the algorithms that attempt to match human communication will be able to imitate our conversation style. Since the AI-powered robots are more efficient than the human agents in resolving issues, the companies are more inclined into investing in such technologies.
As these aforementioned Artificial Intelligence (AI) trends continue to gain momentum this year, it will be beneficial for you if you consider incorporating new measures to take advantage of these trends. There’s no denying that AI will become a significant part of the business operations in the upcoming decade. So, it is wiser to equip yourself with the necessary measures.