Technology

AI and Machine Learning - It’s The Battle Of The Bots

Technology

AI and Machine Learning

In the not so distant future, AI and Machine Learning 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 how machines learn and how they implement AI (Artificial Intelligence). 

An exciting future awaits us as top tech firms compete to showcase the latest innovations in Artificial Intelligence and integrate them into our daily lives. 

Machine learning, AI? what exactly are they, and how will they 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, AI can 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 in its infancy, but as you can see AI-adjacent technology is already having a huge impact on our daily lives.

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What Is The Difference Between AI And Machine Learning?

Artificial intelligence is a technology that enables a machine to simulate human behaviour. Machine learning is a subset of AI which allows a machine to automatically learn from past data without programming explicitly. The goal of AI is to make a smart computer system like humans to solve complex problems.

The Future Impact on Our Lives

Current technological innovations give us a glimpse into the future of AI and machine learning and how they will be integrated as part of our day to day life. Yes, there may be challenges as technology progresses, but the benefits to society will be immense. We list below just a few ways in which this tech is currently being used, and will continue to be used in the future:

Healthcare

Through AI-powered predictive care, the 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 and machine learning 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.

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.

As soon as the next decade drones are expected to autonomously transport and deliver products. AI-powered drones will take to the skies to deliver packages of up to 2kg in under 30 minutes.

Employment

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 many 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 that bog us down daily. 

We look forward to the capabilities of this technology and as further technological advancements in this promising field are developed and implemented across the globe. If you are ready to see how this technology can aid your business, have a look at the ​visionAI Suite.

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The visionAI 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 visionAI Suite.

Contact us today to find out more.