We are living in a world of technological advancement today. But, with the advent of AI Artificial Intelligence, things are developing at a faster pace than the technological revolution ever made. There is an immense number of Artificial Intelligence examples that we are using in our day-to-day lives today. But did we ever think of using an AI to do the simple tasks of our day? Certainly not, in this rapidly growing world of AI, we are forced to think- What is the future of AI?
Artificial Intelligence is certainly going to make a big mark in the future, with its popularity in every sector of employment and education, the future of AI is the brightest. I know folks!! You are excited to know more insights about the future of AI and other updates that are certainly going to flourish and change the future of the AI industry. Keep reading to know more about the future of AI.
The Evolution of Artificial Intelligence:
To know about the future of Artificial Intelligence, we must first look at the evolution that the AI sector has made over the years. The IFM is one of the countless AI innovators in the field that is growing. To give you one of the Artificial Intelligence examples- 9,130 patents received by IBM inventors in 2021, 2,300 were AI-related. Tesla founder and Tech Titan Elon Musk have also made donations of $10 million at the ongoing research at the non-profit research company- OpenAI.
After several decades of rapid dormancy during an evolutionary period that had begun with the slogan “knowledge engineering,” technology has progressed to model – and algorithm-based machine learning and led to the increasingly focused on perception, reasoning, and generalization.
However, AI has taken the center stage in this sphere and it is safe to say that- AI is the future, and Artificial Intelligence vs machine learning is going to be a tough competition to witness the generations to come.
How will Artificial Intelligence Change the World?
This is a question that has a lot of answers. The future of AI is way beyond our imagination. However, as recent progress can be seen, we can say that the future of Artificial Intelligence is something that will be a treat to witness.
There’s virtually no major Industry in modern AI- more specifically, “narrow AI” which performs the objective function of data-trained models and it often falls into the category of machine learning in artificial intelligence or can be said is deep learning in artificial intelligence- and it has not affected much. This is especially true in the past few years as data collection and analysis have ramped up considerably and all the credit goes to the robust connectivity that IoT has, which is the proliferation of connected devices and the super speedier computer processing.
Some sectors of the industry are at the start of their AI journey, which confirms that the future of AI is super bright. However, others are veteran travellers. But both of these sectors have a long way to go and it is hard to ignore the impact that the A.I. or Artificial Intelligence has on our lives.
Some of Artificial Intelligence examples would include the following sectors:
- Artificial Intelligence in Healthcare
- Manufacturing
- Education
- Transportation
- Customer Service
- Media
These are some of the examples of the sectors where the impact of Artificial Intelligence is rapidly blooming and is heading towards a bright future of AI. These advances and numerous others are just the beginning of the future of AI.
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Artificial Intelligence in Tech Giants and Education Sector:
With Artificial Intelligence companies spending billions of dollars on AI products and services annually, Tech giants such as Microsoft, Apple, Amazon, Google and others are spending billions to develop those products and services. Even in the educational sector the future of AI is bright, universities are making AI a more prominent part of their curricula, and the US Department of Defense upping its AI game, so it is sure that the future of AI is bright.
It is also said that some of the developments are on their way to being fully finalized. However, some are merely theoretical and might remain so.
Former Google Brain leader and Baidu chief scientist said, “Lots of industries go through this pattern of winter, winter, and then an eternal spring,” former Google Brain leader and Baidu chief scientist Andrew Ng also told ZDNet. “We may be in the eternal spring of AI.”
Impact of Artificial Intelligence on Society:
Well, the emergence of Artificial Intelligence has impacted society on a different level. During a lecture at Northwestern University, AI expert Kai-Fu Lee championed AI technology and the future of AI while also noting its side effects and limitations. He has warned in his statements which is as follows-
“The bottom 90 per cent, especially the bottom 50 per cent of the world in terms of income or education, will be badly hurt with job displacement … The simple question to ask is, ‘How routine is a job?’ And that is how likely [it is] a job will be replaced by AI, because AI can, within the routine task, learn to optimize itself. And the more quantitative, the more objective the job is—separating things into bins, washing dishes, picking fruits and answering customer service calls—those are very much scripted tasks that are repetitive and routine in nature. In a matter of five, 10 or 15 years, they will be displaced by AI.”
Human productivity is bound to change in the recent future drastically. In the warehouses of online giants where 100,000 robots, picking and packing functions are still performed by humans — but that will change.
As per Klara Nahrstedt, a computer science professor at the University of Illinois at Urbana–Champaign and director of the school’s Coordinated Science Laboratory- “One of the absolute prerequisites for AI to be successful in many [areas] is that we invest tremendously in education to retrain people for new jobs.”
She seemed concerned that it is not happening more often. IFM’s Gyongyosi is even more specific.
Artificial Intelligence in the Near Future:
If we see the future of AI shortly, on a larger scale AI is poised to have a major effect on sustainability, climate change and environmental issues. Regarding this aspect, you can refer to the podcast on Artificial Intelligence, and even refer to a few Artificial Intelligence movies to get a better idea of the future of AI.
However, ideally and partly because of sophisticated sensors, cities will become less congested, polluted and generally more livable, but the threat to the environment remains.
“Once you predict something, you can prescribe certain policies and rules,” Nahrstedt says. Such as sensors on cars that send data about traffic conditions could predict potential problems and optimize the flow of cars. “This is not yet perfected by any means,” she says. “It’s just in its infancy. But years later, it will play a big role.”
Will Artificial Intelligence Take Over the World?
Well, the future of AI is still unknown but with the recent developments to promote the Artificial Intelligence technology, the world is heading toward an AI-led world. The Big Tech giants are investing in Artificial Intelligence stocks with the hope that these Artificial Intelligence stocks would yield them good returns in the future.
To be more specific what is indicating a rapid growth towards the future of AI is that we are using smart devices that have Artificial Intelligence in-built, it is also found in cars, healthcare systems and even on our favourite apps. The use of Artificial Intelligence will go deep into many other industries in order to make the future of AI a near reality.
Artificial Intelligence and Privacy Risks:
Artificial Intelligence’s reliance on big data is impacting privacy in a major way. Some of the examples of this sort as speculated by a tech group have gone wild. If there are no proper self-imposed limitations and regulations the situation would become worse as per critics.
Apple founder Tim Cook told in a speech in 2015 which goes like- “They’re gobbling up everything they can learn about you and trying to monetize it,” “We think that’s wrong.”
He further said- “Advancing AI by collecting huge personal profiles is laziness, not efficiency,” he said. “For artificial intelligence to be brilliant, it must respect human values, including privacy. If we get this wrong, the dangers are profound.”
The authors who published a paper in 2018 told that if AI is implemented responsibly, it can benefit society. The authors also mentioned that the collection of large amounts of data can be used for trying to predict future behavior in benign ways, like spam filters and recommendation engines.
Conclusion:
This is all about the future of AI which is expected to turn into reality in the near future. Hope the article helped you in getting all the information that you needed.