The Future of AI is exciting and will enhance our lives in a myriad ways.
In the not so distant future, Artificial Intelligence (AI) will form part of virtually every aspect of our lives, potentially surpassing human intelligence. In fact, it’s arriving sooner than you may know, its impact already apparent across many different industries and professions. Often, without even knowing it, we are engaging with AI.
A bright and exciting future awaits us as top tech firms compete to showcase the latest innovations in Artificial Intelligence and integrate them into our daily lives. But what exactly is AI, and how will it impact the average person?
What Is AI?
Artificial Intelligence is a subset of computer science that studies intelligent machine behaviour. It refers to a machine’s capacity to mimic human responses patterns and behaviours. With the help of algorithms, it is possible for AI to perform certain tasks. As a result, many of our daily tasks can now be automated using Artificial Intelligence. AI is often used colloquially to refer to a whole subset of computer science including machine learning, deep learning and so-called “True AI”.
The most common applications of AI in the modern world are in fact machine learning related. For example, the field of Data Science uses machine learning algorithms to sort enormous quantities of data into usable insights that improve our lives. True AI is what most people think of when they hear the term AI; the attempt to create an “artificial general intelligence” – a machine that can think and reason like a person or better. This technology is still some ways off, as the world stands today, but as you can see AI-adjacent technology is already having a huge impact on our daily lives.
The Future and AI’s Impact on Our Lives
Current technological innovations give us a glimpse into the future of AI and how it will be integrated as part of our day to day life. Yes, there may be challenges as AI progresses, but the benefits to society will be immense. Below are just a few ways in which AI is currently being used, and will continue to be used in the future:
1. The Future of Healthcare and AI
Through AI-powered predictive care, healthcare of the future will be more accurate and affordable. Predictive analytics and AI will assist healthcare workers in understanding how certain variables affect a person’s health. Artificial Intelligence will soon be able to predict when a patient will be most likely to develop a chronic condition and prescribe early treatment to cure it.
Artificial Intelligence will undoubtedly be revolutionary in medical care with research already underway on the development of AI-powered apps to assist healthcare workers in diagnosing and treating patients. While the need for medical professionals will certainly remain, robots will also take a prominent role in medical settings engaging with patients, assessing their symptoms, and determining whether or not they need to see a doctor. AI and robots will however improve the accuracy and actionability of the medical data that we collect.
2. The Future of AI and Retail
The use of AI in the retail industry is set to grow exponentially in the next few years. Retailers utilising this technology across all of their operations can expect a massive increase in sales and reduced operational costs with estimated savings of $300 billion!
Soon, AI-powered drones will take to the skies to deliver packages of up to 2kg in under 30 minutes. Although no specific timetable for commercial deployment of these drones has been set, Amazon is in the testing phase to determine the safety and dependability of this project. As soon as within the next decade drones are expected to autonomously transport and deliver products.
3. The Future of AI and Jobs
A popular concern when it comes to Artificial Intelligence is the fear that robots will steal our employment opportunities. In fact, the contrary is true, with research showing that the AI industry will create as much as 50 million new jobs in the next couple of years alone! We see a much more pleasant future for humanity, where AI automated labour will free us from many of the tedious, tiring and time-consuming manual tasks we presently need to do ourselves.
AI of the Future
Artificial Intelligence is an extraordinary technology that has already improved our lives in a number of ways. A bright future awaits us, as further technological advancements in this promising field are developed and implemented across the globe. If you are ready to see what AI can do for your business, have a look at the Vision AI Suite.
The Vision AI Suite offers business automation solutions through the use of AI and RPA technology. Customer interactions, onboarding, identity verification and data extraction are just a few of the mundane tasks that can be automated using the Vision AI Suite.